European electricity prices — December 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 Romania at 117.6 EUR/MWh, the cheapest Norway NO4 at 26.9 EUR/MWh.
Finland was the 4th cheapest of 38 price areas at 35.9 EUR/MWh.
The gap between the priciest and cheapest area was 90.8 EUR/MWh — a factor of 4.4.
Biggest change from the previous month: Spain +33%.
Most negative prices in Sweden SE4: 30 hours.
Italy Nord had 624 hours above 100 EUR/MWh.
Cheapest area
26.9 €/MWh
Norway NO4
Priciest area
117.6 €/MWh
Romania
Median price area
87.4 €/MWh
38 price areas
Finland's average
35.9 €/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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