European electricity prices — 2026
Annual review: day-ahead average price by price area, price spikes and negative hours, and the change from the previous year. Prices are wholesale market prices, excluding tax.
The year is still in progress — 1.1.–13.10.2026
The priciest area was Italy Sicily at 151.4 EUR/MWh, the cheapest Norway NO4 at 33.9 EUR/MWh.
Finland was the 4th cheapest of 40 price areas at 58.7 EUR/MWh.
The gap between the priciest and cheapest area was 117.5 EUR/MWh — a factor of 4.5.
Biggest change from the previous year: Norway NO3 +297%.
Most negative prices in Spain: 749 hours.
Italy Nord had 6165 hours above 100 EUR/MWh.
Cheapest area
33.9 €/MWh
Norway NO4
Priciest area
151.4 €/MWh
Italy Sicily
Median price area
110.5 €/MWh
40 price areas
Finland's average
58.7 €/MWh
4th cheapest
2026 average price on the map
The year's average price in every price area (EUR/MWh, excluding VAT).
Region
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