European electricity prices — 2024
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 Sicily at 112.2 EUR/MWh, the cheapest Norway NO4 at 23.4 EUR/MWh.
Finland was the 8th cheapest of 39 price areas at 45.6 EUR/MWh.
The gap between the priciest and cheapest area was 88.8 EUR/MWh — a factor of 4.8.
Biggest change from the previous year: France −40%.
Most negative prices in Finland: 725 hours.
Italy Sicily had 5662 hours above 100 EUR/MWh.
Cheapest area
23.4 €/MWh
Norway NO4
Priciest area
112.2 €/MWh
Italy Sicily
Median price area
81.5 €/MWh
39 price areas
Finland's average
45.6 €/MWh
8th 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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