European electricity prices — Thursday 16 May 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 Italy Sicily at 103.8 EUR/MWh, the cheapest Sweden SE2 at 12.4 EUR/MWh.
Finland was the 18th cheapest of 39 price areas at 51.8 EUR/MWh.
Finland's priciest hour was 19–20 (150.0 EUR/MWh) and the cheapest 0–1 (1.5 EUR/MWh).
The gap between the priciest and cheapest area was 91.4 EUR/MWh — a factor of 8.4.
Biggest change from the previous day: Finland +710 %.
Most negative prices in Poland: 5 hours.
Cheapest area
12.4 €/MWh
Sweden SE2
Priciest area
103.8 €/MWh
Italy Sicily
Median price area
57.4 €/MWh
39 price areas
Finland's average
51.8 €/MWh
18th cheapest
Thursday 16 May 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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