European electricity prices — May 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 Centro-Nord at 122.5 EUR/MWh, the cheapest Norway NO4 at 36.0 EUR/MWh.
Finland was the 5th cheapest of 40 price areas at 52.9 EUR/MWh.
The gap between the priciest and cheapest area was 86.5 EUR/MWh — a factor of 3.4.
Biggest change from the previous month: Norway NO4 +176%.
Most negative prices in France: 103 hours.
United Kingdom had 649 hours above 100 EUR/MWh.
Cheapest area
36.0 €/MWh
Norway NO4
Priciest area
122.5 €/MWh
Italy Centro-Nord
Median price area
99.1 €/MWh
40 price areas
Finland's average
52.9 €/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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