European electricity prices — March 2023
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 Italy Nord at 141.0 EUR/MWh, the cheapest Norway NO4 at 43.5 EUR/MWh.
Finland was the 6th cheapest of 39 price areas at 74.2 EUR/MWh.
The gap between the priciest and cheapest area was 97.6 EUR/MWh — a factor of 3.2.
Biggest change from the previous month: Norway NO4 +51%.
Most negative prices in Netherlands: 20 hours.
Italy Centro-Nord had 687 hours above 100 EUR/MWh.
Cheapest area
43.5 €/MWh
Norway NO4
Priciest area
141.0 €/MWh
Italy Nord
Median price area
108.6 €/MWh
39 price areas
Finland's average
74.2 €/MWh
6th cheapest
March 2023 average price on the map
The month's average price in every price area (EUR/MWh, excluding VAT).
Region
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