State of European Power · July 2016

State of European Power — July 2016

Published 2016-08-02 · every figure recomputed live from the Voltcast production database (last: 2026-07-13T23:47Z) · reproduce any number via the API

1

negative price-hours across 34 zones in July 2016

33.39

average day-ahead price, €/MWh, across covered zones

1

zones that cleared below zero at least once

July 2016 closed with 1 negative price-hours across the 34 European bidding zones with full coverage this month — 1 of them cleared below zero at least once. Negative prices are no longer an anomaly; they are a structural feature of a grid where solar and wind routinely outrun demand.

The cheapest market of the month was NO5 (average 22.22 €/MWh); the priciest was IT-SICI (53.68 €/MWh) — a 31 €/MWh gap between two markets inside one coupled European system, which is the whole story of constrained interconnection in one number.

CH logged the most negative hours (1), and the widest intra-month price range belonged to IT-SICI: from 28.75 to 259.03 €/MWh (230.28 €/MWh of spread — the raw material for every battery business case). The single deepest print of the month was -7.14 €/MWh in AT on 2016-07-10.

Every zone, one table

ZoneAvg €/MWhMinMaxNegative hours
AT 27.13 0.37 44.5 0
BE 31.32 9.36 54.12 0
CH 28.18 -0.08 44.31 1
CZ 29.48 4.88 65.01 0
DK1 26.74 6.97 40.62 0
DK2 29.03 12.14 40.62 0
EE 30.96 12.14 55.05 0
ES 40.52 25.29 50.73 0
FI 30.96 12.14 55.05 0
FR 30.1 7.72 50 0
GR 42.59 26 53.01 0
HU 35.16 10.6 65.89 0
IT-CNOR 42.61 17.54 99.75 0
IT-CSUD 41.92 17.54 92.98 0
IT-NORD 42.21 17.54 147.96 0
IT-SARD 41.95 17.54 92.98 0
IT-SICI 53.68 28.75 259.03 0
IT-SUD 40.8 17.54 73.5 0
LT 39.22 19.4 202.04 0
LV 38.31 19.4 202.04 0
NL 33.07 12.54 66.39 0
NO1 23.42 12.14 26.09 0
NO2 23.42 12.14 26.09 0
NO3 29.45 12.14 39.94 0
NO4 25.85 12.14 28.58 0
NO5 22.22 12.14 24 0
PL 33.31 16.6 46.24 0
PT 40.35 25.29 48.69 0
SE1 28.95 12.14 40.62 0
SE2 28.95 12.14 40.62 0
SE3 28.95 12.14 40.62 0
SE4 29.03 12.14 40.62 0
SI 36.06 6.51 91 0
SK 29.48 4.88 65.01 0

Method & citation. Hourly means over all published day-ahead auction results per zone (native 15-minute periods averaged per hour); zones with under 20 reported days excluded. Sources: ENTSO-E Transparency Platform, SMARD (CC BY 4.0). Reproduce via GET /api/v1/prices/{zone}. Cite as "Voltcast Research, voltcast.com/research/state-of-european-power-2016-07".