European electricity prices — May 2021
Monthly review: day-ahead average price by price area, price spikes and negative hours, and the change from the previous month. Prices are wholesale market prices, excluding tax.
The priciest area was Romania at 289.4 EUR/MWh, the cheapest Norway NO4 at 32.7 EUR/MWh.
Finland was the 6th cheapest of 39 price areas at 45.9 EUR/MWh.
The gap between the priciest and cheapest area was 256.7 EUR/MWh — a factor of 8.9.
Biggest change from the previous month: Sweden SE2 +46%.
Most negative prices in Germany: 38 hours.
Romania had 714 hours above 100 EUR/MWh.
Cheapest area
32.7 €/MWh
Norway NO4
Priciest area
289.4 €/MWh
Romania
Median price area
56.1 €/MWh
39 price areas
Finland's average
45.9 €/MWh
6th cheapest
May 2021 average price on the map
The month's average price in every price area (EUR/MWh, excluding VAT).
Region
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