European electricity prices — Saturday 16 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 United Kingdom at 128.1 EUR/MWh, the cheapest Norway NO4 at 22.6 EUR/MWh.
Finland was the 9th cheapest of 40 price areas at 77.7 EUR/MWh.
Finland's priciest hour was 19–20 (114.1 EUR/MWh) and the cheapest 13–14 (35.4 EUR/MWh).
The gap between the priciest and cheapest area was 105.5 EUR/MWh — a factor of 5.7.
Most negative prices in Spain: 8 hours.
Norway NO5 had 24 hours above 100 EUR/MWh.
Cheapest area
22.6 €/MWh
Norway NO4
Priciest area
128.1 €/MWh
United Kingdom
Median price area
83.8 €/MWh
40 price areas
Finland's average
77.7 €/MWh
9th cheapest
Saturday 16 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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