European electricity prices — Tuesday 16 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 Finland at 148.5 EUR/MWh, the cheapest Norway NO4 at 65.3 EUR/MWh.
Finland was the 1st priciest of 39 price areas at 148.5 EUR/MWh.
Finland's priciest hour was 8–9 (275.6 EUR/MWh) and the cheapest 4–5 (77.6 EUR/MWh).
The gap between the priciest and cheapest area was 83.3 EUR/MWh — a factor of 2.3.
Biggest change from the previous day: Sweden SE3 +59 %.
Poland had 18 hours above 100 EUR/MWh.
Cheapest area
65.3 €/MWh
Norway NO4
Priciest area
148.5 €/MWh
Finland
Median price area
108.0 €/MWh
39 price areas
Finland's average
148.5 €/MWh
1st priciest
Tuesday 16 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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