European electricity prices — 2022

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 Italy Nord at 307.8 EUR/MWh, the cheapest Norway NO4 at 24.5 EUR/MWh.
Finland was the 8th cheapest of 40 price areas at 154.0 EUR/MWh.
The gap between the priciest and cheapest area was 283.3 EUR/MWh — a factor of 12.6.
Biggest change from the previous year: Norway NO2 +181%.
Most negative prices in Belgium: 112 hours.
Italy Nord had 8623 hours above 100 EUR/MWh.
Cheapest area
24.5 €/MWh
Norway NO4
Priciest area
307.8 €/MWh
Italy Nord
Median price area
241.9 €/MWh
40 price areas
Finland's average
154.0 €/MWh
8th cheapest

2022 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
Loading map…

European prices on the map · Compare price areas