European electricity prices — May 2023
Monthly review: day-ahead average price by price area, price spikes and negative hours, and the change from the previous month.
The priciest area was Italy Sicily at 108.8 EUR/MWh, the cheapest Norway NO4 at 18.8 EUR/MWh.
Finland was the 4th cheapest of 39 price areas at 26.7 EUR/MWh.
The gap between the priciest and cheapest area was 90.0 EUR/MWh — a factor of 5.8.
Biggest change from the previous month: Sweden SE1 −58%.
Most negative prices in Finland: 98 hours.
Italy Sicily had 498 hours above 100 EUR/MWh.
Cheapest area
18.8 €/MWh
Norway NO4
Priciest area
108.8 €/MWh
Italy Sicily
Median price area
80.2 €/MWh
39 price areas
Finland's average
26.7 €/MWh
4th cheapest
The month's average price on the map
The month's average price in every price area (EUR/MWh, excluding VAT). Click an area to see its price.
Region
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