European electricity prices — January 2025
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 143.3 EUR/MWh, the cheapest Norway NO4 at 9.3 EUR/MWh.
Finland was the 5th cheapest of 37 price areas at 52.8 EUR/MWh.
The gap between the priciest and cheapest area was 134.0 EUR/MWh — a factor of 15.4.
Biggest change from the previous month: Sweden SE2 +117%.
Most negative prices in Sweden SE4: 16 hours.
Italy Calabria had 733 hours above 100 EUR/MWh.
Cheapest area
9.3 €/MWh
Norway NO4
Priciest area
143.3 €/MWh
Italy Nord
Median price area
111.8 €/MWh
37 price areas
Finland's average
52.8 €/MWh
5th cheapest
January 2025 average price on the map
The month's average price in every price area (EUR/MWh, excluding VAT).
Region
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