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.

Day Month Year ◀◀ ▶▶
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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Monthly review · This day hour by hour on the map · Compare price areas