European electricity prices — August 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 116.7 EUR/MWh, the cheapest Norway NO4 at 16.6 EUR/MWh.
Finland was the 10th cheapest of 39 price areas at 66.3 EUR/MWh.
The gap between the priciest and cheapest area was 100.1 EUR/MWh — a factor of 7.0.
Biggest change from the previous month: Finland +101%.
Most negative prices in Sweden SE1: 45 hours.
Italy Sicily had 517 hours above 100 EUR/MWh.
Cheapest area
16.6 €/MWh
Norway NO4
Priciest area
116.7 €/MWh
Italy Sicily
Median price area
94.4 €/MWh
39 price areas
Finland's average
66.3 €/MWh
10th 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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