European electricity prices — 2023
Annual review: day-ahead average price by price area, price spikes and negative hours, and the change from the previous year.
The priciest area was Italy Centro-Nord at 128.5 EUR/MWh, the cheapest Norway NO4 at 29.9 EUR/MWh.
Finland was the 6th cheapest of 39 price areas at 56.5 EUR/MWh.
The gap between the priciest and cheapest area was 98.6 EUR/MWh — a factor of 4.3.
Biggest change from the previous year: Norway NO1 −65%.
Most negative prices in Finland: 467 hours.
Italy Centro-Nord had 7162 hours above 100 EUR/MWh.
Cheapest area
29.9 €/MWh
Norway NO4
Priciest area
128.5 €/MWh
Italy Centro-Nord
Median price area
96.9 €/MWh
39 price areas
Finland's average
56.5 €/MWh
6th cheapest
The year's average price on the map
The year's average price in every price area (EUR/MWh, excluding VAT). Click an area to see its price.
Region
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