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.
The year is still in progress — 1.1.–25.8.2026
The priciest area was Italy Centro-Nord at 137.2 EUR/MWh, the cheapest Norway NO4 at 35.0 EUR/MWh.
Finland was the 4th cheapest of 40 price areas at 60.0 EUR/MWh.
The gap between the priciest and cheapest area was 102.2 EUR/MWh — a factor of 3.9.
Biggest change from the previous year: Norway NO4 +301%.
Most negative prices in Spain: 708 hours.
Italy Nord had 5017 hours above 100 EUR/MWh.
Cheapest area
35.0 €/MWh
Norway NO4
Priciest area
137.2 €/MWh
Italy Centro-Nord
Median price area
103.4 €/MWh
40 price areas
Finland's average
60.0 €/MWh
4th 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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