State of European Power · August 2016

State of European Power — August 2016

Published 2016-09-02 · every figure recomputed live from the Voltcast production database (last: 2026-07-13T23:47Z) · reproduce any number via the API

3

negative price-hours across 34 zones in August 2016

31.87

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

2

zones that cleared below zero at least once

August 2016 closed with 3 negative price-hours across the 34 European bidding zones with full coverage this month — 2 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 20.83 €/MWh); the priciest was IT-SICI (55.65 €/MWh) — a 35 €/MWh gap between two markets inside one coupled European system, which is the whole story of constrained interconnection in one number.

AT logged the most negative hours (2), and the widest intra-month price range belonged to IT-SICI: from 23.9 to 198 €/MWh (174.1 €/MWh of spread — the raw material for every battery business case). The single deepest print of the month was -10.14 €/MWh in AT on 2016-08-07.

Every zone, one table

ZoneAvg €/MWhMinMaxNegative hours
AT 27.26 -5.02 43 2
BE 28.91 7.39 48.4 0
CH 29.38 -2.63 43.05 1
CZ 27.63 0.1 49.05 0
DK1 27.34 8.12 49.4 0
DK2 30.43 8.12 49.4 0
EE 31.38 8.12 51.99 0
ES 41.14 25.97 48.95 0
FI 31.38 8.12 51.99 0
FR 29.72 5.54 48.29 0
GR 39.04 0 53 0
HU 33.01 10.6 54.04 0
IT-CNOR 36.12 15.26 65.88 0
IT-CSUD 35.27 15.26 65.88 0
IT-NORD 35.86 15.26 52.2 0
IT-SARD 35.27 15.26 65.88 0
IT-SICI 55.65 23.9 198 0
IT-SUD 35.11 15.26 65.88 0
LT 33.78 16.08 56.05 0
LV 33.76 16.08 56.05 0
NL 28.35 8.12 52.17 0
NO1 21.6 8.12 25.53 0
NO2 21.6 8.12 25.53 0
NO3 29.65 19.02 44.78 0
NO4 25.86 19.02 28.55 0
NO5 20.83 8.12 23.76 0
PL 34.89 22.19 49.4 0
PT 41.13 25.97 48.95 0
SE1 30.47 8.12 49.4 0
SE2 30.47 8.12 49.4 0
SE3 30.49 8.12 49.4 0
SE4 30.5 8.12 49.4 0
SI 32.73 9.13 52.2 0
SK 27.63 0.1 49.05 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-2016-08".