European electricity prices — March 2026
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 Sicily at 146.5 EUR/MWh, the cheapest Norway NO4 at 16.7 EUR/MWh.
Finland was the 4th cheapest of 40 price areas at 27.8 EUR/MWh.
The gap between the priciest and cheapest area was 129.8 EUR/MWh — a factor of 8.8.
Biggest change from the previous month: Portugal +286%.
Most negative prices in Spain: 127 hours.
Italy Nord had 705 hours above 100 EUR/MWh.
Cheapest area
16.7 €/MWh
Norway NO4
Priciest area
146.5 €/MWh
Italy Sicily
Median price area
103.9 €/MWh
40 price areas
Finland's average
27.8 €/MWh
4th cheapest
March 2026 average price on the map
The month's average price in every price area (EUR/MWh, excluding VAT).
Region
Loading map…