European electricity prices — 2024
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 Sicily at 112.2 EUR/MWh, the cheapest Norway NO4 at 23.4 EUR/MWh.
Finland was the 8th cheapest of 39 price areas at 45.6 EUR/MWh.
The gap between the priciest and cheapest area was 88.8 EUR/MWh — a factor of 4.8.
Biggest change from the previous year: France −40%.
Most negative prices in Finland: 725 hours.
Italy Sicily had 5662 hours above 100 EUR/MWh.
Cheapest area
23.4 €/MWh
Norway NO4
Priciest area
112.2 €/MWh
Italy Sicily
Median price area
81.5 €/MWh
39 price areas
Finland's average
45.6 €/MWh
8th cheapest
2024 average price on the map
The year's average price in every price area (EUR/MWh, excluding VAT).
Region
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