European electricity prices — 2016
Annual review: day-ahead average price by price area, price spikes and negative hours, and the change from the previous year. Prices are wholesale market prices, excluding tax.
The priciest area was Romania at 149.0 EUR/MWh, the cheapest Norway NO5 at 24.9 EUR/MWh.
Finland was the 17th cheapest of 38 price areas at 32.4 EUR/MWh.
The gap between the priciest and cheapest area was 124.1 EUR/MWh — a factor of 6.0.
Biggest change from the previous year: Sweden SE1 +37%.
Most negative prices in Austria: 97 hours.
Romania had 6931 hours above 100 EUR/MWh.
Cheapest area
24.9 €/MWh
Norway NO5
Priciest area
149.0 €/MWh
Romania
Median price area
35.6 €/MWh
38 price areas
Finland's average
32.4 €/MWh
17th cheapest
2016 average price on the map
The year's average price in every price area (EUR/MWh, excluding VAT).
Region
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