European electricity prices — Tuesday 12 May 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 Norway NO5 at 134.3 EUR/MWh, the cheapest Spain at 69.2 EUR/MWh.
Finland was the 17th priciest of 40 price areas at 106.5 EUR/MWh.
Finland's priciest hour was 20–21 (140.1 EUR/MWh) and the cheapest 15–16 (86.2 EUR/MWh).
The gap between the priciest and cheapest area was 65.0 EUR/MWh — a factor of 1.9.
Biggest change from the previous day: France +88 %.
Most negative prices in Greece: 7 hours.
Cheapest area
69.2 €/MWh
Spain
Priciest area
134.3 €/MWh
Norway NO5
Median price area
106.3 €/MWh
40 price areas
Finland's average
106.5 €/MWh
17th priciest
Tuesday 12 May 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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