Biggest European zone spreads — 2026-07-24
Day-ahead averages across 40 European bidding zones. Europe-wide mean: € 113.49 /MWh (€ 0.1135 /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 |
|---|---|---|---|---|
| 🇳🇴 NO4 (North) | 🇮🇹 Italy Centre-North | 10.08 | 174.08 | € 164.00 (17.3×) |
| 🇳🇴 NO4 (North) | 🇮🇹 Italy Centre-South | 10.08 | 174.08 | € 164.00 (17.3×) |
| 🇳🇴 NO4 (North) | 🇮🇹 Italy North | 10.08 | 171.70 | € 161.62 (17.0×) |
| 🇸🇪 SE1 (North) | 🇮🇹 Italy Centre-North | 13.12 | 174.08 | € 160.96 (13.3×) |
| 🇸🇪 SE1 (North) | 🇮🇹 Italy Centre-South | 13.12 | 174.08 | € 160.96 (13.3×) |
| 🇫🇮 Finland | 🇮🇹 Italy Centre-North | 13.35 | 174.08 | € 160.73 (13.0×) |
| 🇫🇮 Finland | 🇮🇹 Italy Centre-South | 13.35 | 174.08 | € 160.73 (13.0×) |
| 🇸🇪 SE2 | 🇮🇹 Italy Centre-North | 13.93 | 174.08 | € 160.14 (12.5×) |
| 🇸🇪 SE2 | 🇮🇹 Italy Centre-South | 13.93 | 174.08 | € 160.14 (12.5×) |
| 🇸🇪 SE1 (North) | 🇮🇹 Italy North | 13.12 | 171.70 | € 158.58 (13.1×) |
Cheapest 8 zones today
- 🇳🇴 NO4 (North) — € 10.08 /MWh (€ 0.0101 /kWh)
- 🇸🇪 SE1 (North) — € 13.12 /MWh (€ 0.0131 /kWh)
- 🇫🇮 Finland — € 13.35 /MWh (€ 0.0133 /kWh)
- 🇸🇪 SE2 — € 13.93 /MWh (€ 0.0139 /kWh)
- 🇸🇪 SE3 (Stockholm) — € 58.98 /MWh (€ 0.0590 /kWh)
- 🇳🇴 NO3 (Mid) — € 66.14 /MWh (€ 0.0661 /kWh)
- 🇪🇪 Estonia — € 73.20 /MWh (€ 0.0732 /kWh)
- 🇸🇪 SE4 (South) — € 91.04 /MWh (€ 0.0910 /kWh)
Most expensive 8 zones today
- 🇮🇹 Italy Centre-South — € 174.08 /MWh (€ 0.1741 /kWh)
- 🇮🇹 Italy Centre-North — € 174.08 /MWh (€ 0.1741 /kWh)
- 🇮🇹 Italy North — € 171.70 /MWh (€ 0.1717 /kWh)
- 🇮🇹 Sardinia — € 165.79 /MWh (€ 0.1658 /kWh)
- 🇮🇹 Sicily — € 165.16 /MWh (€ 0.1652 /kWh)
- 🇮🇹 Italy South — € 154.18 /MWh (€ 0.1542 /kWh)
- 🇧🇪 Belgium — € 135.25 /MWh (€ 0.1352 /kWh)
- 🇨🇭 Switzerland — € 134.54 /MWh (€ 0.1345 /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.