European electricity prices — January 2021

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.

Month Year ◀◀ ▶▶
The priciest area was Ireland at 78.5 EUR/MWh, the cheapest Norway NO4 at 36.3 EUR/MWh.
Finland was the 12th cheapest of 40 price areas at 51.2 EUR/MWh.
The gap between the priciest and cheapest area was 42.2 EUR/MWh — a factor of 2.2.
Biggest change from the previous month: Norway NO3 +208%.
Most negative prices in Croatia: 15 hours.
Ireland had 90 hours above 100 EUR/MWh.
Cheapest area
36.3 €/MWh
Norway NO4
Priciest area
78.5 €/MWh
Ireland
Median price area
54.8 €/MWh
40 price areas
Finland's average
51.2 €/MWh
12th cheapest

January 2021 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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European prices on the map · Compare price areas