European electricity prices — January 2022
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 Bulgaria at 293.6 EUR/MWh, the cheapest Norway NO4 at 26.2 EUR/MWh.
Finland was the 7th cheapest of 39 price areas at 106.6 EUR/MWh.
The gap between the priciest and cheapest area was 267.4 EUR/MWh — a factor of 11.2.
Biggest change from the previous month: Sweden SE1 −57%.
Most negative prices in Belgium: 5 hours.
Norway NO5 had 737 hours above 100 EUR/MWh.
Cheapest area
26.2 €/MWh
Norway NO4
Priciest area
293.6 €/MWh
Bulgaria
Median price area
189.0 €/MWh
39 price areas
Finland's average
106.6 €/MWh
7th cheapest
January 2022 average price on the map
The month's average price in every price area (EUR/MWh, excluding VAT).
Region
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