Weekly electricity price in NordPool spot market in the Nordics 2024, by pricing area
In the week starting April 15, 2024, the day-ahead price of electricity traded on the NordPool spot market ranged between 37.3 euros per megawatt-hour in Norway's pricing area NO4, encompassing the north of the country, and over 70 euros per megawatt-hour in Denmark. The Nordic spot market is divided into sub-regions to balance production and consumption and avoid congestion of the electricity grid.
Only a part of the electricity supplied to Denmark, Sweden, Finland, and Norway is sold on the NordPool market, while the rest is exchanged through long-term or bilateral contracts.
