European electricity prices — November 2025
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 Hungary at 124.4 EUR/MWh, the cheapest Norway NO4 at 30.4 EUR/MWh.
Finland was the 5th cheapest of 38 price areas at 48.0 EUR/MWh.
The gap between the priciest and cheapest area was 94.0 EUR/MWh — a factor of 4.1.
Biggest change from the previous month: Sweden SE1 +159%.
Most negative prices in Sweden SE2: 81 hours.
Italy Nord had 606 hours above 100 EUR/MWh.
Cheapest area
30.4 €/MWh
Norway NO4
Priciest area
124.4 €/MWh
Hungary
Median price area
101.9 €/MWh
38 price areas
Finland's average
48.0 €/MWh
5th 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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