Morning edition · Tuesday, 27 October 2026
The storm discount lasted a weekend; Tuesday's power is €155
Germany's day-ahead price for Tuesday cleared at €155.11 per megawatt hour, a third above Monday and almost twelve times storm Sunday. The wind eased, gas came back, and the evening hour costs six times the midday one.
The German-Luxembourg day-ahead auction cleared at an average of €155.11 per megawatt hour for delivery on Tuesday, according to SMARD, the Bundesnetzagentur’s data portal1. Monday’s average was €116.57 and storm Sunday’s €13.121. Desk arithmetic: Tuesday’s power costs about 33% more than Monday’s and almost twelve times Sunday’s.
Line chart of the daily average German-Luxembourg day-ahead electricity price from 1 September to 27 October 2026, in euros per megawatt hour. It averages €144.82 in September and peaks at €256.55 on 14 September. It stands at €211.94 for delivery on 21 October, falls to €30.12 on Saturday 24 October and €13.12 on Sunday 25 October during the storm, recovers to €116.57 on Monday 26 October and rises to €155.11 for delivery on Tuesday 27 October, the latest value.
Source Bundesnetzagentur | SMARD.de, day-ahead price DE-LU (filter 4169), delivery days 1 Sep to 27 Oct 2026, retrieved 27 Oct 2026 · CC BY 4.0. Bundesnetzagentur | SMARD.de, market data. CC BY 4.0.
Data (CSV) · SVG · PNG
Latest values as a table
| Date | Day-ahead DE-LU |
|---|---|
| 2026-10-22 | 148.61 |
| 2026-10-23 | 137.59 |
| 2026-10-24 | 30.12 |
| 2026-10-25 | 13.12 |
| 2026-10-26 | 116.57 |
| 2026-10-27 | 155.11 |
Why it climbed. The wind dropped. Onshore turbines generated 688.8 gigawatt hours on Monday, against 1,009.2 GWh on Saturday and 1,020.0 GWh on Sunday1. Gas-fired plants generated 105.4 GWh on Monday, against 43.5 GWh on Sunday1. Desk arithmetic: onshore wind fell by about a third, and gas burn more than doubled. When gas sets the price, the price remembers what gas costs.
The shape of the day. Inside Tuesday the spread is wide. The cheapest hour, 12:00 to 13:00 CET, cleared at €43.50, when the sun helps; the dearest, 18:00 to 19:00 CET, at €262.19, after sunset1. Desk arithmetic: the evening hour costs about six times the midday one. Customers on a dynamic tariff will feel that directly; everyone else meets it later, averaged into the next tariff letter.
The month. From 1 to 27 October the daily price has averaged €154.431, almost exactly Tuesday’s level. The windy weekend was a dip, not a new floor. And the Deutscher Wetterdienst expects a strong blocking high over central Europe from Thursday, with stubborn fog and low cloud2. Calm, grey air is the weather in which batteries, interconnectors and flexible demand earn their keep.
None of that is a crisis. It is the system doing what it was built to do: price each hour honestly, so that someone has a reason to store, shift or build. Nothing here is investment advice.
What to watch
A storm can lower the price for a weekend. Only finished infrastructure lowers it for a winter.
Sources
- Market data: day-ahead price DE-LU (daily and hourly), realised generation (wind onshore, wind offshore, natural gas) — Bundesnetzagentur / SMARD.de, retrieved 27 Oct 2026, 05:15 CET.
- Synoptische Übersicht Mittelfrist — Deutscher Wetterdienst, issued 26 Oct 2026, 10:30 UTC.
Every figure in this piece traces to a source above or to the desk’s own arithmetic on those sources, marked as such. Quotations are short and attributed. Spot an error? Write to the desk; corrections are logged on the method page.
Commentary for information only. Not investment, legal, tax, medical or political advice. Not an offer or solicitation. Analysis may be incomplete or wrong. Charts show published public data, not a trading feed; binding numbers live with the institutions that publish them.