Biggest European zone spreads — 2026-05-04
Day-ahead averages across 39 European bidding zones. Europe-wide mean: € 105.01 /MWh (€ 0.1050 /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 |
|---|---|---|---|---|
| 🇸🇪 SE1 (North) | 🇮🇹 Italy North | 44.99 | 137.46 | € 92.46 (3.1×) |
| 🇸🇪 SE1 (North) | 🇮🇹 Italy Centre-North | 44.99 | 137.46 | € 92.46 (3.1×) |
| 🇸🇪 SE2 | 🇮🇹 Italy North | 47.72 | 137.46 | € 89.73 (2.9×) |
| 🇸🇪 SE2 | 🇮🇹 Italy Centre-North | 47.72 | 137.46 | € 89.73 (2.9×) |
| 🇸🇪 SE1 (North) | 🇮🇹 Italy Centre-South | 44.99 | 134.31 | € 89.31 (3.0×) |
| 🇸🇪 SE1 (North) | 🇮🇹 Italy South | 44.99 | 134.31 | € 89.31 (3.0×) |
| 🇸🇪 SE1 (North) | 🇮🇹 Sardinia | 44.99 | 134.26 | € 89.27 (3.0×) |
| 🇸🇪 SE1 (North) | 🇮🇹 Sicily | 44.99 | 132.43 | € 87.44 (2.9×) |
| 🇳🇴 NO4 (North) | 🇮🇹 Italy North | 50.56 | 137.46 | € 86.90 (2.7×) |
| 🇳🇴 NO4 (North) | 🇮🇹 Italy Centre-North | 50.56 | 137.46 | € 86.90 (2.7×) |
Cheapest 8 zones today
- 🇸🇪 SE1 (North) — € 44.99 /MWh (€ 0.0450 /kWh)
- 🇸🇪 SE2 — € 47.72 /MWh (€ 0.0477 /kWh)
- 🇳🇴 NO4 (North) — € 50.56 /MWh (€ 0.0506 /kWh)
- 🇫🇮 Finland — € 50.91 /MWh (€ 0.0509 /kWh)
- 🇪🇸 Spain — € 69.71 /MWh (€ 0.0697 /kWh)
- 🇸🇪 SE3 (Stockholm) — € 77.19 /MWh (€ 0.0772 /kWh)
- 🇪🇪 Estonia — € 78.99 /MWh (€ 0.0790 /kWh)
- 🇳🇴 NO3 (Mid) — € 80.65 /MWh (€ 0.0807 /kWh)
Most expensive 8 zones today
- 🇮🇹 Italy Centre-North — € 137.46 /MWh (€ 0.1375 /kWh)
- 🇮🇹 Italy North — € 137.46 /MWh (€ 0.1375 /kWh)
- 🇮🇹 Italy South — € 134.31 /MWh (€ 0.1343 /kWh)
- 🇮🇹 Italy Centre-South — € 134.31 /MWh (€ 0.1343 /kWh)
- 🇮🇹 Sardinia — € 134.26 /MWh (€ 0.1343 /kWh)
- 🇮🇹 Sicily — € 132.43 /MWh (€ 0.1324 /kWh)
- 🇩🇪 Germany–Luxembourg — € 131.06 /MWh (€ 0.1311 /kWh)
- 🇳🇱 Netherlands — € 127.62 /MWh (€ 0.1276 /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.