European electricity prices — Wednesday 4 February 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 Estonia at 199.4 EUR/MWh, the cheapest Portugal at 8.2 EUR/MWh.
Finland was the 4th priciest of 40 price areas at 199.3 EUR/MWh.
Finland's priciest hour was 7–8 (319.7 EUR/MWh) and the cheapest 23–24 (87.3 EUR/MWh).
The gap between the priciest and cheapest area was 191.2 EUR/MWh — a factor of 24.3.
Most negative prices in Portugal: 1 hours.
Italy Sicily had 24 hours above 100 EUR/MWh.
Cheapest area
8.2 €/MWh
Portugal
Priciest area
199.4 €/MWh
Estonia
Median price area
127.8 €/MWh
40 price areas
Finland's average
199.3 €/MWh
4th priciest
Wednesday 4 February 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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