European electricity prices — March 2026
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 146.5 EUR/MWh, the cheapest Norway NO4 at 16.7 EUR/MWh.
Finland was the 4th cheapest of 40 price areas at 27.8 EUR/MWh.
The gap between the priciest and cheapest area was 129.8 EUR/MWh — a factor of 8.8.
Biggest change from the previous month: Portugal +286%.
Most negative prices in Spain: 127 hours.
Italy Nord had 705 hours above 100 EUR/MWh.
Cheapest area
16.7 €/MWh
Norway NO4
Priciest area
146.5 €/MWh
Italy Sicily
Median price area
103.9 €/MWh
40 price areas
Finland's average
27.8 €/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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