European electricity prices — March 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.

Month Year ◀◀ ▶▶
The priciest area was Italy Centro-Nord at 89.5 EUR/MWh, the cheapest Portugal at 19.3 EUR/MWh.
Finland was the 13th cheapest of 40 price areas at 59.4 EUR/MWh.
The gap between the priciest and cheapest area was 70.2 EUR/MWh — a factor of 4.6.
Biggest change from the previous month: Portugal −52%.
Most negative prices in Germany: 18 hours.
Italy Centro-Sud had 175 hours above 100 EUR/MWh.
Cheapest area
19.3 €/MWh
Portugal
Priciest area
89.5 €/MWh
Italy Centro-Nord
Median price area
63.5 €/MWh
40 price areas
Finland's average
59.4 €/MWh
13th cheapest

March 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
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European prices on the map · Compare price areas