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.
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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