European electricity prices — Friday 16 January 2026
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 153.4 EUR/MWh, the cheapest Norway NO4 at 32.6 EUR/MWh.
Finland was the 4th cheapest of 40 price areas at 45.0 EUR/MWh.
Finland's priciest hour was 8–9 (67.1 EUR/MWh) and the cheapest 22–23 (20.0 EUR/MWh).
The gap between the priciest and cheapest area was 120.8 EUR/MWh — a factor of 4.7.
Poland had 24 hours above 100 EUR/MWh.
No area saw a negative price.
Cheapest area
32.6 €/MWh
Norway NO4
Priciest area
153.4 €/MWh
Hungary
Median price area
129.9 €/MWh
40 price areas
Finland's average
45.0 €/MWh
4th cheapest
Friday 16 January 2026 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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