Biggest European zone spreads โ€” 2026-06-08

Day-ahead averages across 40 European bidding zones. Europe-wide mean: โ‚ฌ 109.54 /MWh (โ‚ฌ 0.1095 /kWh). Gaps below show where electricity is cheapest vs most expensive โ€” the bigger the spread, the more value transmission interconnectors capture.

Top 10 cheap โ†’ expensive zone pairs

CheapExpensiveCheap (โ‚ฌ/MWh)Expensive (โ‚ฌ/MWh)Spread
๐Ÿ‡ณ๐Ÿ‡ด NO4 (North)๐Ÿ‡ฎ๐Ÿ‡น Italy Centre-North16.17144.37โ‚ฌ 128.20 (8.9ร—)
๐Ÿ‡ณ๐Ÿ‡ด NO4 (North)๐Ÿ‡ฎ๐Ÿ‡น Italy Centre-South16.17144.37โ‚ฌ 128.20 (8.9ร—)
๐Ÿ‡ณ๐Ÿ‡ด NO4 (North)๐Ÿ‡ฎ๐Ÿ‡น Italy South16.17144.37โ‚ฌ 128.20 (8.9ร—)
๐Ÿ‡ณ๐Ÿ‡ด NO4 (North)๐Ÿ‡ฎ๐Ÿ‡น Sicily16.17144.37โ‚ฌ 128.20 (8.9ร—)
๐Ÿ‡ณ๐Ÿ‡ด NO4 (North)๐Ÿ‡ฎ๐Ÿ‡น Italy North16.17142.08โ‚ฌ 125.91 (8.8ร—)
๐Ÿ‡ณ๐Ÿ‡ด NO4 (North)๐Ÿ‡ฎ๐Ÿ‡น Sardinia16.17136.83โ‚ฌ 120.66 (8.5ร—)
๐Ÿ‡ณ๐Ÿ‡ด NO4 (North)๐Ÿ‡ง๐Ÿ‡ช Belgium16.17132.58โ‚ฌ 116.41 (8.2ร—)
๐Ÿ‡ซ๐Ÿ‡ท France๐Ÿ‡ฎ๐Ÿ‡น Italy Centre-North28.05144.37โ‚ฌ 116.32 (5.1ร—)
๐Ÿ‡ซ๐Ÿ‡ท France๐Ÿ‡ฎ๐Ÿ‡น Italy Centre-South28.05144.37โ‚ฌ 116.32 (5.1ร—)
๐Ÿ‡ซ๐Ÿ‡ท France๐Ÿ‡ฎ๐Ÿ‡น Italy South28.05144.37โ‚ฌ 116.32 (5.1ร—)

Cheapest 8 zones today

  1. ๐Ÿ‡ณ๐Ÿ‡ด NO4 (North) โ€” โ‚ฌ 16.17 /MWh (โ‚ฌ 0.0162 /kWh)
  2. ๐Ÿ‡ซ๐Ÿ‡ท France โ€” โ‚ฌ 28.05 /MWh (โ‚ฌ 0.0281 /kWh)
  3. ๐Ÿ‡ต๐Ÿ‡น Portugal โ€” โ‚ฌ 58.08 /MWh (โ‚ฌ 0.0581 /kWh)
  4. ๐Ÿ‡ช๐Ÿ‡ธ Spain โ€” โ‚ฌ 60.98 /MWh (โ‚ฌ 0.0610 /kWh)
  5. ๐Ÿ‡ณ๐Ÿ‡ด NO3 (Mid) โ€” โ‚ฌ 76.70 /MWh (โ‚ฌ 0.0767 /kWh)
  6. ๐Ÿ‡ธ๐Ÿ‡ช SE2 โ€” โ‚ฌ 81.24 /MWh (โ‚ฌ 0.0812 /kWh)
  7. ๐Ÿ‡ท๐Ÿ‡ธ Serbia โ€” โ‚ฌ 88.14 /MWh (โ‚ฌ 0.0881 /kWh)
  8. ๐Ÿ‡ณ๐Ÿ‡ด NO5 (West) โ€” โ‚ฌ 88.65 /MWh (โ‚ฌ 0.0887 /kWh)

Most expensive 8 zones today

  1. ๐Ÿ‡ฎ๐Ÿ‡น Sicily โ€” โ‚ฌ 144.37 /MWh (โ‚ฌ 0.1444 /kWh)
  2. ๐Ÿ‡ฎ๐Ÿ‡น Italy South โ€” โ‚ฌ 144.37 /MWh (โ‚ฌ 0.1444 /kWh)
  3. ๐Ÿ‡ฎ๐Ÿ‡น Italy Centre-South โ€” โ‚ฌ 144.37 /MWh (โ‚ฌ 0.1444 /kWh)
  4. ๐Ÿ‡ฎ๐Ÿ‡น Italy Centre-North โ€” โ‚ฌ 144.37 /MWh (โ‚ฌ 0.1444 /kWh)
  5. ๐Ÿ‡ฎ๐Ÿ‡น Italy North โ€” โ‚ฌ 142.08 /MWh (โ‚ฌ 0.1421 /kWh)
  6. ๐Ÿ‡ฎ๐Ÿ‡น Sardinia โ€” โ‚ฌ 136.83 /MWh (โ‚ฌ 0.1368 /kWh)
  7. ๐Ÿ‡ง๐Ÿ‡ช Belgium โ€” โ‚ฌ 132.58 /MWh (โ‚ฌ 0.1326 /kWh)
  8. ๐Ÿ‡ฑ๐Ÿ‡ป Latvia โ€” โ‚ฌ 132.17 /MWh (โ‚ฌ 0.1322 /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) + " โ€” euenergy"}
></iframe>

What is a zone spread?

Europe's electricity grid is divided into ~41 bidding zones โ€” 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 countryโ€™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.