European electricity prices — May 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 Ireland at 107.6 EUR/MWh, the cheapest Sweden SE1 at 15.2 EUR/MWh.
Finland was the 12th cheapest of 40 price areas at 35.1 EUR/MWh.
The gap between the priciest and cheapest area was 92.4 EUR/MWh — a factor of 7.1.
Biggest change from the previous month: Portugal +131%.
Most negative prices in Finland: 96 hours.
Ireland had 390 hours above 100 EUR/MWh.
Cheapest area
15.2 €/MWh
Sweden SE1
Priciest area
107.6 €/MWh
Ireland
Median price area
69.0 €/MWh
40 price areas
Finland's average
35.1 €/MWh
12th cheapest
May 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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