European electricity prices — August 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 Italy Sicily at 116.7 EUR/MWh, the cheapest Norway NO4 at 16.6 EUR/MWh.
Finland was the 10th cheapest of 40 price areas at 66.4 EUR/MWh.
The gap between the priciest and cheapest area was 100.1 EUR/MWh — a factor of 7.0.
Biggest change from the previous month: Finland +102%.
Most negative prices in Sweden SE1: 45 hours.
Italy Sicily had 517 hours above 100 EUR/MWh.
Cheapest area
16.6 €/MWh
Norway NO4
Priciest area
116.7 €/MWh
Italy Sicily
Median price area
94.5 €/MWh
40 price areas
Finland's average
66.4 €/MWh
10th cheapest
August 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
Loading map…