European electricity prices — December 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.

Month Year ◀◀ ▶▶
The priciest area was Italy Nord at 304.2 EUR/MWh, the cheapest Norway NO4 at 94.6 EUR/MWh.
Finland was the 10th cheapest of 40 price areas at 246.0 EUR/MWh.
The gap between the priciest and cheapest area was 209.6 EUR/MWh — a factor of 3.2.
Biggest change from the previous month: Norway NO3 +185%.
Most negative prices in Germany: 23 hours.
Italy Centro-Nord had 716 hours above 100 EUR/MWh.
Cheapest area
94.6 €/MWh
Norway NO4
Priciest area
304.2 €/MWh
Italy Nord
Median price area
258.1 €/MWh
40 price areas
Finland's average
246.0 €/MWh
10th cheapest

December 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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European prices on the map · Compare price areas