Monthly wholesale electricity prices in Sweden 2019-2024
The average wholesale electricity price in Sweden stood at roughly 52.7 euros per megawatt-hour in March 2024, up from 44.5 euros per megawatt-hour in the previous month.
Electricity prices soared in Europe in 2021 and 2022, a consequence of the supply shortage of natural gas and coal after the Russian invasion of Ukraine, the decrease in hydropower production due to reduced rainfall, and a general market tightening after the end of the COVID-19 crisis.