European electricity prices — January 2024
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 Estonia at 126.5 EUR/MWh, the cheapest Norway NO4 at 39.4 EUR/MWh.
Finland was the 4th priciest of 39 price areas at 106.3 EUR/MWh.
The gap between the priciest and cheapest area was 87.2 EUR/MWh — a factor of 3.2.
Biggest change from the previous month: Estonia +42%.
Most negative prices in Germany: 16 hours.
Italy Centro-Nord had 365 hours above 100 EUR/MWh.
Cheapest area
39.4 €/MWh
Norway NO4
Priciest area
126.5 €/MWh
Estonia
Median price area
82.9 €/MWh
39 price areas
Finland's average
106.3 €/MWh
4th priciest
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
Loading map…