Monthly · versioned methodology · frozen rows
Capture rates & market values, every European bidding zone
Market value = generation-weighted day-ahead price; capture rate (market value factor, Marktwertfaktor) = market value ÷ baseload average; NEG share = the technology's generation delivered at negative prices. Native resolution (15-minute), frozen 12 days after month end, never restated.
| Zone | Solar CR · MV €/MWh · NEG |
Wind onshore CR · MV €/MWh · NEG |
Wind offshore CR · MV €/MWh · NEG |
|---|---|---|---|
| AL | 51.2% · 46.9 · 0.0% | — | — |
| AT | 51.3% ▲ · 54.8 · 16.0% | 101.6% ▼ · 108.4 · 5.9% | — |
| BA | — | — | — |
| BE | 63.7% ▲ · 71.4 · 11.7% | 83.3% ▼ · 93.4 · 6.8% | 85.0% ▼ · 95.4 · 5.2% |
| BG | 71.5% · 70.2 · 4.2% | 102.8% · 100.9 · 4.3% | — |
| CH | 63.4% · 64.8 · 11.5% | — | — |
| CZ | 59.1% · 63.9 · 14.7% | 86.2% · 93.3 · 12.8% | — |
| DE-LU | 57.1% ▲ · 62.1 · 13.1% | 79.6% ▼ · 86.6 · 10.2% | 82.0% ▼ · 89.3 · 8.3% |
| DK1 | 69.1% ▲ · 76.1 · 3.3% | 83.1% ▲ · 91.6 · 4.2% | 86.0% ▼ · 94.7 · 1.2% |
| DK2 | 66.9% ▲ · 73.0 · 2.1% | 76.4% ▼ · 83.3 · 1.3% | 82.9% ▼ · 90.4 · 0.4% |
| EE | 73.3% · 47.2 · 0.7% | 84.0% · 54.1 · 0.7% | — |
| ES | 44.7% · 31.1 · 23.0% | 112.6% · 78.4 · 8.1% | — |
| FI | 90.1% ▼ · 40.6 · 1.7% | 62.6% ▲ · 28.2 · 2.5% | — |
| FR | 62.2% ▲ · 41.2 · 21.6% | 82.3% ▼ · 54.5 · 12.2% | 71.0% ▼ · 47.0 · 16.1% |
| GB | — | 91.1% ▲ · 87.6 · 6.8% | — |
| GR | 39.7% · 36.9 · 27.9% | 96.1% · 89.4 · 16.4% | — |
| HR | 60.0% · 69.5 · 6.8% | 113.2% · 131.3 · 1.6% | — |
| HU | 58.3% · 72.7 · 8.0% | 103.2% · 128.7 · 1.3% | — |
| IE-SEM | — | 89.9% · 121.8 · 0.0% | — |
| IT-CALA | 78.3% · 101.2 · 0.0% | 97.1% · 125.6 · 0.0% | — |
| IT-CNOR | 83.2% · 111.7 · 0.0% | — | — |
| IT-CSUD | 81.3% · 106.7 · 0.0% | 93.9% · 123.2 · 0.0% | — |
| IT-NORD | 83.0% · 110.9 · 0.0% | — | — |
| IT-SARD | 75.3% · 94.6 · 0.0% | 84.5% · 106.2 · 0.0% | — |
| IT-SICI | 81.3% · 105.1 · 0.0% | 93.3% · 120.8 · 0.0% | — |
| IT-SUD | 79.3% · 103.5 · 0.0% | 95.7% · 124.8 · 0.0% | — |
| LT | 60.6% · 56.9 · 2.4% | 101.0% · 94.8 · 0.1% | — |
| LV | 64.3% · 59.4 · 0.8% | 101.2% · 93.4 · 0.3% | — |
| MD | — | — | — |
| ME | — | 99.1% · 99.5 · 0.0% | — |
| MK | — | 97.4% · 93.2 · 0.0% | — |
| NL | 65.8% ▲ · 72.5 · 7.3% | 77.6% ▼ · 85.5 · 8.8% | 90.4% ▼ · 99.6 · 6.6% |
| NO1 | — | 98.2% ▲ · 73.9 · 0.1% | — |
| NO2 | — | 97.9% ▲ · 93.6 · 1.1% | — |
| NO3 | — | 90.5% ▼ · 49.3 · 0.0% | — |
| NO4 | — | 70.9% ▼ · 18.2 · 1.5% | — |
| NO5 | — | — | — |
| PL | 65.8% · 75.4 · 7.3% | 93.1% · 106.6 · 3.9% | — |
| PT | 39.7% · 27.9 · 16.1% | 98.3% · 69.2 · 8.0% | — |
| RO | 57.0% · 70.2 · 5.1% | 97.8% · 120.3 · 3.6% | — |
| RS | — | 110.6% · 111.5 · 2.6% | — |
| SE1 | — | 59.2% ▼ · 24.2 · 1.1% | — |
| SE2 | 97.4% ▲ · 38.9 · 1.6% | 70.4% ▲ · 28.1 · 2.9% | — |
| SE3 | 76.8% ▲ · 54.7 · 3.2% | 91.8% ▲ · 65.4 · 2.3% | — |
| SE4 | 67.2% ▲ · 63.7 · 3.6% | 95.3% ▲ · 90.3 · 1.7% | — |
| SI | 56.6% · 64.8 · 11.1% | — | — |
| SK | 54.9% · 63.7 · 14.4% | — | — |
| UA | — | — | — |
| XK | — | — | — |
CR = capture rate · MV = market value €/MWh · NEG = generation share at negative prices. Cells without sufficient generation (offshore in landlocked zones, far-north winter solar) stay empty rather than interpolated.
Why this matters
The more solar and wind on the system, the harder they cannibalize their own price: capture rates fall and the share of generation sold at negative prices rises. For PPA pricing, project finance and battery business cases this is THE number — here it is, monthly, for every bidding zone, citable.
Capture rates and market values are derived statistics computed by Voltcast — our own output, free to cite with attribution ("Voltcast Capture Index" + link). Prices: day-ahead auction results; generation: ENTSO-E Transparency (A75) actuals. Methodology capture-v1