European electricity prices — December 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 Centro-Nord at 116.2 EUR/MWh, the cheapest Norway NO4 at 59.5 EUR/MWh.
Finland was the 20th cheapest of 40 price areas at 76.2 EUR/MWh.
The gap between the priciest and cheapest area was 56.7 EUR/MWh — a factor of 2.0.
Biggest change from the previous month: Ireland −26%.
Most negative prices in Germany: 67 hours.
Italy Centro-Nord had 577 hours above 100 EUR/MWh.
Cheapest area
59.5 €/MWh
Norway NO4
Priciest area
116.2 €/MWh
Italy Centro-Nord
Median price area
77.1 €/MWh
40 price areas
Finland's average
76.2 €/MWh
20th cheapest
December 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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