European electricity prices — 2026
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 year is still in progress — 1.1.–4.9.2026
The priciest area was Italy Centro-Nord at 139.7 EUR/MWh, the cheapest Norway NO4 at 34.4 EUR/MWh.
Finland was the 4th cheapest of 41 price areas at 59.9 EUR/MWh.
The gap between the priciest and cheapest area was 105.3 EUR/MWh — a factor of 4.1.
Biggest change from the previous year: Norway NO4 +294%.
Most negative prices in Spain: 708 hours.
Italy Nord had 5252 hours above 100 EUR/MWh.
Cheapest area
34.4 €/MWh
Norway NO4
Priciest area
139.7 €/MWh
Italy Centro-Nord
Median price area
104.6 €/MWh
41 price areas
Finland's average
59.9 €/MWh
4th cheapest
2026 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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