Biggest European zone spreads — 2026-07-04
Day-ahead averages across 40 European bidding zones. Europe-wide mean: € 60.69 /MWh (€ 0.0607 /kWh). Gaps below show where electricity is cheapest vs most expensive — the bigger the spread, the more value transmission interconnectors capture.
Top 10 cheap → expensive zone pairs
| Cheap | Expensive | Cheap (€/MWh) | Expensive (€/MWh) | Spread |
|---|---|---|---|---|
| 🇸🇪 SE2 | 🇮🇹 Italy North | 21.24 | 105.89 | € 84.66 (5.0×) |
| 🇸🇪 SE2 | 🇮🇹 Italy Centre-North | 21.24 | 105.89 | € 84.66 (5.0×) |
| 🇸🇪 SE2 | 🇮🇹 Italy Centre-South | 21.24 | 105.89 | € 84.66 (5.0×) |
| 🇸🇪 SE2 | 🇮🇹 Sardinia | 21.24 | 105.89 | € 84.66 (5.0×) |
| 🇸🇪 SE1 (North) | 🇮🇹 Italy North | 21.75 | 105.89 | € 84.14 (4.9×) |
| 🇸🇪 SE1 (North) | 🇮🇹 Italy Centre-North | 21.75 | 105.89 | € 84.14 (4.9×) |
| 🇸🇪 SE1 (North) | 🇮🇹 Italy Centre-South | 21.75 | 105.89 | € 84.14 (4.9×) |
| 🇸🇪 SE1 (North) | 🇮🇹 Sardinia | 21.75 | 105.89 | € 84.14 (4.9×) |
| 🇫🇮 Finland | 🇮🇹 Italy North | 21.80 | 105.89 | € 84.10 (4.9×) |
| 🇫🇮 Finland | 🇮🇹 Italy Centre-North | 21.80 | 105.89 | € 84.10 (4.9×) |
Cheapest 8 zones today
- 🇸🇪 SE2 — € 21.24 /MWh (€ 0.0212 /kWh)
- 🇸🇪 SE1 (North) — € 21.75 /MWh (€ 0.0218 /kWh)
- 🇫🇮 Finland — € 21.80 /MWh (€ 0.0218 /kWh)
- 🇳🇴 NO4 (North) — € 24.22 /MWh (€ 0.0242 /kWh)
- 🇪🇪 Estonia — € 28.11 /MWh (€ 0.0281 /kWh)
- 🇸🇪 SE3 (Stockholm) — € 29.71 /MWh (€ 0.0297 /kWh)
- 🇩🇰 DK2 (Zealand) — € 36.60 /MWh (€ 0.0366 /kWh)
- 🇱🇹 Lithuania — € 37.53 /MWh (€ 0.0375 /kWh)
Most expensive 8 zones today
- 🇮🇹 Sardinia — € 105.89 /MWh (€ 0.1059 /kWh)
- 🇮🇹 Italy Centre-South — € 105.89 /MWh (€ 0.1059 /kWh)
- 🇮🇹 Italy Centre-North — € 105.89 /MWh (€ 0.1059 /kWh)
- 🇮🇹 Italy North — € 105.89 /MWh (€ 0.1059 /kWh)
- 🇮🇹 Sicily — € 102.12 /MWh (€ 0.1021 /kWh)
- 🇮🇹 Italy South — € 102.12 /MWh (€ 0.1021 /kWh)
- 🇬🇷 Greece — € 77.45 /MWh (€ 0.0775 /kWh)
- 🇷🇴 Romania — € 75.84 /MWh (€ 0.0758 /kWh)
Embed today's spread on your site
Free, attribution-required. Paste this iframe into any blog or news article:
<iframe
src="https://euenergy.live/tools/zone-spread/embed"
width="100%" height="780"
style="border:1px solid #ddd;border-radius:6px"
loading="lazy"
title={t.headline(date) + " — euenergy"}
></iframe>What is a zone spread?
Europe's electricity grid is divided into ~41 bidding zones — each with its own day-ahead auction. When wind, solar or hydro overproduce in one zone but demand peaks in another, prices diverge. Cross-border interconnectors arbitrage the difference, but only up to their physical capacity. Spreads tell you where the grid is most under stress today.
For consumers: large spreads mean your country’s neighbours have cheaper electricity right now. For traders: spreads are the basic unit of European power trading.
Drill into any zone's detailed page for hourly prices, period comparisons and cost calculators.