European electricity prices — 2021

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.

Month Year
The priciest area was Ireland at 135.9 EUR/MWh, the cheapest Norway NO4 at 35.0 EUR/MWh.
Finland was the 8th cheapest of 40 price areas at 72.3 EUR/MWh.
The gap between the priciest and cheapest area was 100.9 EUR/MWh — a factor of 3.9.
Biggest change from the previous year: Norway NO2 +708%.
Most negative prices in Belgium: 159 hours.
Ireland had 4943 hours above 100 EUR/MWh.
Cheapest area
35.0 €/MWh
Norway NO4
Priciest area
135.9 €/MWh
Ireland
Median price area
104.1 €/MWh
40 price areas
Finland's average
72.3 €/MWh
8th cheapest

2021 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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European prices on the map · Compare price areas