European electricity prices — 2023
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 Centro-Nord at 128.5 EUR/MWh, the cheapest Norway NO4 at 29.9 EUR/MWh.
Finland was the 6th cheapest of 39 price areas at 56.5 EUR/MWh.
The gap between the priciest and cheapest area was 98.6 EUR/MWh — a factor of 4.3.
Biggest change from the previous year: Norway NO1 −65%.
Most negative prices in Finland: 467 hours.
Italy Centro-Nord had 7162 hours above 100 EUR/MWh.
Cheapest area
29.9 €/MWh
Norway NO4
Priciest area
128.5 €/MWh
Italy Centro-Nord
Median price area
96.9 €/MWh
39 price areas
Finland's average
56.5 €/MWh
6th cheapest
2023 average price on the map
The year's average price in every price area (EUR/MWh, excluding VAT).
Region
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