European electricity prices — Tuesday 16 May 2023
Daily review: day-ahead average price by price area, price spikes and negative hours, and the change from the previous day. Prices are wholesale market prices, excluding tax.
The priciest area was Poland at 119.8 EUR/MWh, the cheapest Sweden SE2 at 10.9 EUR/MWh.
Finland was the 5th cheapest of 39 price areas at 13.1 EUR/MWh.
Finland's priciest hour was 8–9 (77.0 EUR/MWh) and the cheapest 23–24 (0.1 EUR/MWh).
The gap between the priciest and cheapest area was 108.9 EUR/MWh — a factor of 11.0.
Biggest change from the previous day: Denmark DK2 −51 %.
Poland had 21 hours above 100 EUR/MWh.
Cheapest area
10.9 €/MWh
Sweden SE2
Priciest area
119.8 €/MWh
Poland
Median price area
80.9 €/MWh
39 price areas
Finland's average
13.1 €/MWh
5th cheapest
Tuesday 16 May 2023 average price on the map
The day's average price in every price area (EUR/MWh, excluding VAT). The day runs on Central European Time (CET).
Region
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