Monthly wholesale electricity prices in Norway 2019-2023

Published by Statista Research Department, May 4, 2023
The average wholesale electricity price in Norway was at around 83 euros per megawatt-hour in March 2023, a decline of over 60 percent since December of the previous year. Norway's electricity prices reached a record high in August 2022, at over 246 euros per megawatt-hour. Throughout 2021 and 2022, figures in the Nordic country soared, resulting almost in a three-fold increase in the prices over the course of the year.

Average monthly electricity wholesale price in Norway from January 2019 to March 2023 (in euros per megawatt-hour)

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Release date

April 2023

Region

Norway

Survey time period

January 2019 to March 2023

Special properties

day-ahead prices

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