European electricity prices — Thursday 16 November 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 Italy Sicily at 138.8 EUR/MWh, the cheapest Portugal at 101.7 EUR/MWh.
Finland was the 11th priciest of 39 price areas at 131.4 EUR/MWh.
Finland's priciest hour was 16–17 (194.5 EUR/MWh) and the cheapest 3–4 (74.7 EUR/MWh).
The gap between the priciest and cheapest area was 37.1 EUR/MWh — a factor of 1.4.
Italy Nord had 24 hours above 100 EUR/MWh.
No area saw a negative price.
Cheapest area
101.7 €/MWh
Portugal
Priciest area
138.8 €/MWh
Italy Sicily
Median price area
117.5 €/MWh
39 price areas
Finland's average
131.4 €/MWh
11th priciest
Thursday 16 November 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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