European electricity prices — May 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 112.1 EUR/MWh, the cheapest Norway NO4 at 6.8 EUR/MWh.
Finland was the 6th cheapest of 38 price areas at 18.0 EUR/MWh.
The gap between the priciest and cheapest area was 105.3 EUR/MWh — a factor of 16.4.
Biggest change from the previous month: Finland −62%.
Most negative prices in Spain: 239 hours.
Ireland had 463 hours above 100 EUR/MWh.
Cheapest area
6.8 €/MWh
Norway NO4
Priciest area
112.1 €/MWh
Ireland
Median price area
67.6 €/MWh
38 price areas
Finland's average
18.0 €/MWh
6th cheapest
May 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
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