European electricity prices — Thursday 11 December 2025
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 Hungary at 118.5 EUR/MWh, the cheapest Norway NO4 at 34.7 EUR/MWh.
Finland was the 7th cheapest of 38 price areas at 46.7 EUR/MWh.
Finland's priciest hour was 16–17 (64.2 EUR/MWh) and the cheapest 0–1 (18.4 EUR/MWh).
The gap between the priciest and cheapest area was 83.8 EUR/MWh — a factor of 3.4.
Biggest change from the previous day: Norway NO4 +74 %.
Italy Calabria had 24 hours above 100 EUR/MWh.
Cheapest area
34.7 €/MWh
Norway NO4
Priciest area
118.5 €/MWh
Hungary
Median price area
94.5 €/MWh
38 price areas
Finland's average
46.7 €/MWh
7th cheapest
Thursday 11 December 2025 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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