European electricity prices — 2016
Annual review: day-ahead average price by price area, price spikes and negative hours, and the change from the previous year. Prices are wholesale market prices, excluding tax.
The priciest area was Italy Sicily at 47.6 EUR/MWh, the cheapest Norway NO4 at 25.0 EUR/MWh.
Finland was the 17th cheapest of 39 price areas at 32.5 EUR/MWh.
The gap between the priciest and cheapest area was 22.6 EUR/MWh — a factor of 1.9.
Biggest change from the previous year: Sweden SE1 +37%.
Most negative prices in Germany: 97 hours.
Belgium had 116 hours above 100 EUR/MWh.
Cheapest area
25.0 €/MWh
Norway NO4
Priciest area
47.6 €/MWh
Italy Sicily
Median price area
35.4 €/MWh
39 price areas
Finland's average
32.5 €/MWh
17th cheapest
2016 average price on the map
The year's average price in every price area (EUR/MWh, excluding VAT). Click an area to see its price.
Region
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