European electricity prices — August 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 Italy Sicily at 138.3 EUR/MWh, the cheapest Sweden SE2 at 7.4 EUR/MWh.
Finland was the 7th cheapest of 40 price areas at 12.5 EUR/MWh.
The gap between the priciest and cheapest area was 130.9 EUR/MWh — a factor of 18.7.
Biggest change from the previous month: Sweden SE3 −59%.
Most negative prices in Sweden SE2: 155 hours.
Italy Centro-Nord had 734 hours above 100 EUR/MWh.
Cheapest area
7.4 €/MWh
Sweden SE2
Priciest area
138.3 €/MWh
Italy Sicily
Median price area
91.1 €/MWh
40 price areas
Finland's average
12.5 €/MWh
7th cheapest
August 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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