European electricity prices — Monday 16 March 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 Italy Sicily at 146.5 EUR/MWh, the cheapest Norway NO4 at 19.3 EUR/MWh.
Finland was the 4th cheapest of 40 price areas at 27.8 EUR/MWh.
Finland's priciest hour was 8–9 (52.8 EUR/MWh) and the cheapest 3–4 (16.1 EUR/MWh).
The gap between the priciest and cheapest area was 127.2 EUR/MWh — a factor of 7.6.
Biggest change from the previous day: Portugal +477 %.
Most negative prices in Portugal: 7 hours.
Cheapest area
19.3 €/MWh
Norway NO4
Priciest area
146.5 €/MWh
Italy Sicily
Median price area
98.0 €/MWh
40 price areas
Finland's average
27.8 €/MWh
4th cheapest
Monday 16 March 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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