In the week starting November 18th, 2024, the lowest day-ahead price of electricity traded on the NordPool spot market was recorded in Norway at 2.97 euros per megawatt-hour. The highest day-ahead price was recorded in Denmark at 91.12 euros per megawatt-hour. The Nordic spot market is divided into sub-regions to balance production and consumption and avoid congestion of the electricity grid.
Only a part of the electricity supplied to Denmark, Sweden, Finland, and Norway is sold on the NordPool market, with the remainder being exchanged through long-term or bilateral contracts.
Weekly electricity price in the spot power market NordPool in the Nordic countries in 2024, by pricing area
(in euros per megawatt-hour)
Day-ahead prices on the NordPool spot market. Date refers to start of delivery.
Supplementary notes
Figures do not include Iceland.
The pricing areas in for the Nordic region: DK1- western region of Denmark DK2- eastern region of Denmark SE1, SE2, SE3, and SE4- from north to south in Sweden FI - Finland NO4- northern region of Norway NO3- north-western region of Norway NO1- east-central region of Norway NO5- south-western region of Norway NO2- southern region of Norway
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Nord Pool. (November 11, 2024). Weekly electricity price in the spot power market NordPool in the Nordic countries in 2024, by pricing area (in euros per megawatt-hour) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1454425/weekly-electricity-price-in-the-nordics-by-pricing-area/
Nord Pool. "Weekly electricity price in the spot power market NordPool in the Nordic countries in 2024, by pricing area (in euros per megawatt-hour)." Chart. November 11, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1454425/weekly-electricity-price-in-the-nordics-by-pricing-area/
Nord Pool. (2024). Weekly electricity price in the spot power market NordPool in the Nordic countries in 2024, by pricing area (in euros per megawatt-hour). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1454425/weekly-electricity-price-in-the-nordics-by-pricing-area/
Nord Pool. "Weekly Electricity Price in The Spot Power Market Nordpool in The Nordic Countries in 2024, by Pricing Area (in Euros per Megawatt-hour)." Statista, Statista Inc., 11 Nov 2024, https://www.statista.com/statistics/1454425/weekly-electricity-price-in-the-nordics-by-pricing-area/
Nord Pool, Weekly electricity price in the spot power market NordPool in the Nordic countries in 2024, by pricing area (in euros per megawatt-hour) Statista, https://www.statista.com/statistics/1454425/weekly-electricity-price-in-the-nordics-by-pricing-area/ (last visited November 21, 2024)
Weekly electricity price in the spot power market NordPool in the Nordic countries in 2024, by pricing area (in euros per megawatt-hour) [Graph], Nord Pool, November 11, 2024. [Online]. Available: https://www.statista.com/statistics/1454425/weekly-electricity-price-in-the-nordics-by-pricing-area/
