Electricity prices in Europe
Day-ahead wholesale electricity prices for today and tomorrow in every European bidding zone — from Norway to Greece. Click a country to see its hourly prices, or open the country page below.
Wholesale day-ahead price (SDAC) in euro cents per kWh, without VAT, taxes, network charges or supplier margin. Household prices are higher. Source: ENTSO-E Transparency Platform.
All bidding zones
| Zone | Average | Lowest | Highest | Now | Tomorrow |
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Electricity prices by country
Hourly prices for today and tomorrow, cheapest hours and comparison with neighbours for each bidding zone:
- Austria
- Belgium
- Bulgaria
- Croatia
- Czechia
- Denmark (DK1)
- Denmark (DK2)
- Estonia
- Finland
- France
- Germany
- Greece
- Hungary
- Italy (Calabria)
- Italy (Centre-North)
- Italy (Centre-South)
- Italy (North)
- Italy (Sardinia)
- Italy (Sicily)
- Italy (South)
- Latvia
- Lithuania
- Montenegro
- Netherlands
- North Macedonia
- Norway (NO1)
- Norway (NO2)
- Norway (NO3)
- Norway (NO4)
- Norway (NO5)
- Poland
- Portugal
- Romania
- Serbia
- Slovakia
- Slovenia
- Spain
- Sweden (SE1)
- Sweden (SE2)
- Sweden (SE3)
- Sweden (SE4)
- Switzerland
Why do electricity prices differ so much across Europe?
Europe's power exchanges are coupled into a single day-ahead market (SDAC). Every day at around 12:45 CET the hourly prices for the next day are calculated for all bidding zones at once. When the interconnectors between countries have spare capacity, prices converge; when they are full, each zone gets its own price.
Power is usually cheapest where there is a lot of hydro and wind — Norway, northern Sweden and Finland — and most expensive in countries that rely on gas or have few connections to their neighbours, such as Italy and south-eastern Europe.
Solar power has changed the daily shape of prices: on sunny days midday prices in Spain, Germany and the Netherlands often fall to zero or below, while the evening peak after sunset is the most expensive part of the day.
Frequently asked questions
Where is electricity cheapest in Europe?
Most often in Norway (NO1–NO5), northern Sweden (SE1, SE2) and Finland, thanks to hydro, nuclear and wind. On sunny days around noon, Spain, Germany and the Netherlands are frequently the cheapest, sometimes with negative prices.
Why are electricity prices sometimes negative?
When wind and solar produce more than can be consumed or exported, some producers pay to keep generating (subsidies, inflexible plants). Customers on dynamic tariffs can then charge an EV or heat water very cheaply.
When are tomorrow's prices published?
Every day at around 12:45 CET, for all European zones at the same time. They appear on this page within minutes.
Is this the price I pay at home?
No. This is the wholesale price without VAT. Your bill adds network charges, taxes, VAT and the supplier's margin. The wholesale price matters directly if you have a dynamic (spot-price) contract.