European electricity prices — August 2022
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 Nord at 547.4 EUR/MWh, the cheapest Norway NO4 at 2.9 EUR/MWh.
Finland was the 10th cheapest of 40 price areas at 261.5 EUR/MWh.
The gap between the priciest and cheapest area was 544.5 EUR/MWh — a factor of 190.8.
Biggest change from the previous month: Sweden SE3 +158%.
Most negative prices in Netherlands: 4 hours.
Norway NO1 had 744 hours above 100 EUR/MWh.
Cheapest area
2.9 €/MWh
Norway NO4
Priciest area
547.4 €/MWh
Italy Nord
Median price area
456.6 €/MWh
40 price areas
Finland's average
261.5 €/MWh
10th cheapest
August 2022 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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