European electricity prices — May 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 98.4 EUR/MWh, the cheapest Norway NO4 at 32.7 EUR/MWh.
Finland was the 8th cheapest of 40 price areas at 45.9 EUR/MWh.
The gap between the priciest and cheapest area was 65.7 EUR/MWh — a factor of 3.0.
Biggest change from the previous month: Sweden SE2 +46%.
Most negative prices in Germany: 38 hours.
Ireland had 270 hours above 100 EUR/MWh.
Cheapest area
32.7 €/MWh
Norway NO4
Priciest area
98.4 €/MWh
Ireland
Median price area
57.8 €/MWh
40 price areas
Finland's average
45.9 €/MWh
8th cheapest

May 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
Loading map…

European prices on the map · Compare price areas