European electricity prices — Friday 12 January 2024
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 Estonia at 130.7 EUR/MWh, the cheapest Norway NO4 at 49.8 EUR/MWh.
Finland was the 4th priciest of 39 price areas at 130.5 EUR/MWh.
Finland's priciest hour was 16–17 (299.0 EUR/MWh) and the cheapest 23–24 (80.1 EUR/MWh).
The gap between the priciest and cheapest area was 80.9 EUR/MWh — a factor of 2.6.
Italy Centro-Nord had 18 hours above 100 EUR/MWh.
No area saw a negative price.
Cheapest area
49.8 €/MWh
Norway NO4
Priciest area
130.7 €/MWh
Estonia
Median price area
106.9 €/MWh
39 price areas
Finland's average
130.5 €/MWh
4th priciest
Friday 12 January 2024 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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Monthly review · This day hour by hour on the map · Compare price areas