Monthly market report

Norway Oslo NO1 — May 2024

Day-ahead auction, 744 settlement periods, computed from the same data the API serves.

Average price

32.07 €/MWh

-19.35 vs previous month

Negative prices

38 hours

38 settlement periods below 0

Avg daily spread

38.29 €/MWh

the arbitrage opportunity, day by day

Volatility (σ)

18.95 €/MWh

Extremes

Cheapest period
-15.07 €/MWh May 19, 12:00 UTC
Priciest period
115.51 €/MWh May 8, 05:00 UTC

Top spike days

  • 2024-05-08max 115.51 €/MWh
  • 2024-05-07max 114.78 €/MWh
  • 2024-05-31max 76.2 €/MWh

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Data source: ENTSO-E Transparency Platform (transparency.entsoe.eu). Data source: SMARD.de, Bundesnetzagentur | CC BY 4.0. Derived statistics are Voltcast own-IP output.