European electricity prices — August 2020
Monthly review: day-ahead average price by price area, price spikes and negative hours, and the change from the previous month. Prices are wholesale market prices, excluding tax.
The priciest area was Italy Sicily at 54.0 EUR/MWh, the cheapest Norway NO1 at 3.7 EUR/MWh.
Finland was the 9th priciest of 39 price areas at 40.6 EUR/MWh.
The gap between the priciest and cheapest area was 50.3 EUR/MWh — a factor of 14.7.
Biggest change from the previous month: Sweden SE3 +277%.
Most negative prices in Ireland: 19 hours.
Sweden SE3 had 9 hours above 100 EUR/MWh.
Cheapest area
3.7 €/MWh
Norway NO1
Priciest area
54.0 €/MWh
Italy Sicily
Median price area
36.5 €/MWh
39 price areas
Finland's average
40.6 €/MWh
9th priciest
August 2020 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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