European electricity prices — July 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 142.0 EUR/MWh, the cheapest Norway NO4 at 19.6 EUR/MWh.
Finland was the 8th cheapest of 40 price areas at 32.9 EUR/MWh.
The gap between the priciest and cheapest area was 122.4 EUR/MWh — a factor of 7.3.
Biggest change from the previous month: Norway NO1 −49%.
Most negative prices in Netherlands: 65 hours.
Ireland had 716 hours above 100 EUR/MWh.
Cheapest area
19.6 €/MWh
Norway NO4
Priciest area
142.0 €/MWh
Ireland
Median price area
84.3 €/MWh
40 price areas
Finland's average
32.9 €/MWh
8th cheapest

July 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