European electricity prices — January 2025
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 163.6 EUR/MWh, the cheapest Norway NO4 at 9.3 EUR/MWh.
Finland was the 7th cheapest of 38 price areas at 52.8 EUR/MWh.
The gap between the priciest and cheapest area was 154.3 EUR/MWh — a factor of 17.6.
Biggest change from the previous month: Sweden SE2 +117%.
Most negative prices in Germany: 15 hours.
Italy Calabria had 733 hours above 100 EUR/MWh.
Cheapest area
9.3 €/MWh
Norway NO4
Priciest area
163.6 €/MWh
Ireland
Median price area
114.0 €/MWh
38 price areas
Finland's average
52.8 €/MWh
7th cheapest
January 2025 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…