European electricity prices — 2022
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 Italy Nord at 307.8 EUR/MWh, the cheapest Norway NO4 at 24.5 EUR/MWh.
Finland was the 7th cheapest of 39 price areas at 154.1 EUR/MWh.
The gap between the priciest and cheapest area was 283.3 EUR/MWh — a factor of 12.6.
Biggest change from the previous year: Norway NO2 +181%.
Most negative prices in Belgium: 112 hours.
Italy Nord had 8623 hours above 100 EUR/MWh.
Cheapest area
24.5 €/MWh
Norway NO4
Priciest area
307.8 €/MWh
Italy Nord
Median price area
242.0 €/MWh
39 price areas
Finland's average
154.1 €/MWh
7th cheapest
2022 average price on the map
The year's average price in every price area (EUR/MWh, excluding VAT).
Region
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