European electricity prices — January 2023
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 Greece at 191.8 EUR/MWh, the cheapest Norway NO4 at 43.4 EUR/MWh.
Finland was the 7th cheapest of 40 price areas at 78.8 EUR/MWh.
The gap between the priciest and cheapest area was 148.4 EUR/MWh — a factor of 4.4.
Biggest change from the previous month: Finland −68%.
Most negative prices in Belgium: 17 hours.
Italy Nord had 728 hours above 100 EUR/MWh.
Cheapest area
43.4 €/MWh
Norway NO4
Priciest area
191.8 €/MWh
Greece
Median price area
132.1 €/MWh
40 price areas
Finland's average
78.8 €/MWh
7th cheapest
January 2023 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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