Germany — physical cross-border flows, 2026

Month by month

All borders together, with consumption for scale.

Month	Consumption, MWh	Physical exports			Physical imports			Average price, €/MWh	Difference €	Import ÷ consumption
Month	Consumption, MWh	MWh	€/MWh	€	MWh	€/MWh	€	Average price, €/MWh	Difference €	Import ÷ consumption
January	46,760,141	5,529,011	97.80	540,721,341	4,429,489	120.21	532,476,574	110.09	8,244,768	9.5%
February	41,249,019	5,075,501	88.82	450,811,076	3,590,096	104.25	374,256,795	96.58	76,554,281	8.7%
March	40,982,561	4,671,595	79.50	371,415,103	4,691,935	114.67	538,023,114	99.29	−166,608,010	11.4%
April	37,191,087	3,983,259	46.75	186,219,423	4,495,925	106.08	476,938,679	78.52	−290,719,256	12.1%
May	36,016,166	3,283,102	62.40	204,874,059	4,943,821	124.65	616,268,016	97.54	−411,393,957	13.7%
June	37,160,971	2,762,367	66.39	183,388,429	4,888,763	142.13	694,855,721	109.52	−511,467,292	13.2%
July	38,252,530	3,442,219	77.46	266,650,829	3,587,616	132.98	477,066,120	105.45	−210,415,292	9.4%
August	35,789,044	3,983,917	94.08	374,808,814	3,881,639	154.40	599,306,789	126.89	−224,497,975	10.8%
September95.4% of hours	34,330,089	3,432,138	107.03	367,349,314	2,792,827	191.98	536,179,407	144.27	−168,830,093	8.1%
October92.9% of hours	37,503,914	3,886,261	129.35	502,701,788	3,185,379	197.68	629,674,940	166.53	−126,973,152	8.5%
Total	385,235,522	40,049,372	86.12	3,448,940,176	40,487,489	135.23	5,475,046,155	112.86	−2,026,105,979	10.5%

Consumption is measured separately, as the hourly average power summed over the month — not by adding up readings, since sources publish at different rates. The last column puts imports next to it for scale; it is not a dependency figure, because part of what enters passes straight through to another neighbour.

Where the difference comes from

2,026,105,979 € for 438,117 MWh that stayed in the country works out at 4,624.57 € per megawatt-hour, in a month that averaged 112.86.

Energy that stayed, at the month's average price 49,445,004 2.4%
What came in arrived above that average 905,714,708 44.7%
What went out left below it 1,070,946,267 52.9%

The first line is energy the country needed and got. The other two — 1,976,660,975 € together — come not from how much moved but from when: cheap hours to sell in, expensive hours to buy in. That is the price of a timing mismatch, not a loss.

Official validation

The measured physical flow, checked against ANRE's published commercial trade.

Month	Physical net, MWh	Commercial net, MWh	Difference, MWh	Status
January	—	—	—	AWAITING OFFICIAL ANRE DATA
February	—	—	—	AWAITING OFFICIAL ANRE DATA
March	—	—	—	AWAITING OFFICIAL ANRE DATA
April	—	—	—	AWAITING OFFICIAL ANRE DATA
May	—	—	—	AWAITING OFFICIAL ANRE DATA
June	—	—	—	AWAITING OFFICIAL ANRE DATA
July	—	—	—	AWAITING OFFICIAL ANRE DATA
August	—	—	—	AWAITING OFFICIAL ANRE DATA
September	—	—	—	AWAITING OFFICIAL ANRE DATA
October	—	—	—	AWAITING OFFICIAL ANRE DATA

Gross volumes differ by design: the official indicators include transits, and a transit is counted once entering and once leaving, while a physical border sees it only once. Net figures converge, because transits cancel out — which is why the comparison is made on the net.

The percentage relates the difference to the month's commercial net. In a month with a small net, the same difference in MWh yields a larger percentage — which is why the difference is always shown in MWh as well.

ANRE publishes these exchanges as a physical balance in GWh. It publishes no import or export value and no average price per direction, so no money comparison is possible.

Physical cross-border flows and commercial electricity trades measure different phenomena. ANRE data is shown as an independent official benchmark and should not be interpreted as an exact reconciliation.