European electricity prices — January 2024
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 Estonia at 126.5 EUR/MWh, the cheapest Norway NO4 at 39.4 EUR/MWh.
Finland was the 4th priciest of 40 price areas at 106.2 EUR/MWh.
The gap between the priciest and cheapest area was 87.1 EUR/MWh — a factor of 3.2.
Biggest change from the previous month: Estonia +42%.
Most negative prices in Germany: 18 hours.
Italy Centro-Nord had 365 hours above 100 EUR/MWh.
Cheapest area
39.4 €/MWh
Norway NO4
Priciest area
126.5 €/MWh
Estonia
Median price area
83.9 €/MWh
40 price areas
Finland's average
106.2 €/MWh
4th priciest
January 2024 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…