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.
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
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