European electricity prices — March 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.

Month Year ◀◀ ▶▶
The priciest area was Ireland at 148.1 EUR/MWh, the cheapest Norway NO4 at 43.5 EUR/MWh.
Finland was the 7th cheapest of 40 price areas at 74.2 EUR/MWh.
The gap between the priciest and cheapest area was 104.6 EUR/MWh — a factor of 3.4.
Biggest change from the previous month: Norway NO4 +51%.
Most negative prices in Netherlands: 20 hours.
Italy Centro-Nord had 687 hours above 100 EUR/MWh.
Cheapest area
43.5 €/MWh
Norway NO4
Priciest area
148.1 €/MWh
Ireland
Median price area
108.6 €/MWh
40 price areas
Finland's average
74.2 €/MWh
7th cheapest

March 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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European prices on the map · Compare price areas