State of European Power · November 2016

State of European Power — November 2016

Published 2016-12-02 · every figure recomputed live from the Voltcast production database (last: 2026-07-13T23:48Z) · reproduce any number via the API

14

negative price-hours across 33 zones in November 2016

45.85

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

2

zones that cleared below zero at least once

November 2016 closed with 14 negative price-hours across the 33 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 NO4 (average 31.94 €/MWh); the priciest was FR (65.18 €/MWh) — a 33 €/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 (8), and the widest intra-month price range belonged to FR: from 10.88 to 874.01 €/MWh (863.13 €/MWh of spread — the raw material for every battery business case). The single deepest print of the month was -27.94 €/MWh in AT on 2016-11-20.

Every zone, one table

ZoneAvg €/MWhMinMaxNegative hours
AT 39.18 -12.01 98.89 8
BE 62.32 10.88 696.02 0
CH 60.7 23.46 111.6 0
CZ 40.01 3.94 95.79 0
DK1 36.99 -14.91 104.96 6
DK2 41.07 8.81 104.96 0
EE 40.86 9.03 104.96 0
ES 56.15 10.88 73.87 0
FI 41.01 9.03 104.96 0
FR 65.18 10.88 874.01 0
GR 43.11 0 79 0
HU 40.64 3.94 95.79 0
IT-CNOR 56.47 31.05 150 0
IT-CSUD 53.26 29.86 150 0
IT-NORD 61.19 31.05 150 0
IT-SARD 53.26 29.86 150 0
IT-SICI 54.71 22 150 0
IT-SUD 52.74 22 150 0
LT 40.57 9.03 97.65 0
LV 40.47 9.03 97.65 0
NL 42.85 10.72 121.31 0
NO1 39.71 29.79 104.96 0
NO2 36.7 29.79 66.43 0
NO3 42.13 28.26 104.96 0
NO4 31.94 27.09 46.22 0
NO5 37.79 29.79 66.43 0
PT 56.27 10.88 73.87 0
SE1 40.98 9.03 104.96 0
SE2 40.98 9.03 104.96 0
SE3 40.98 9.03 104.96 0
SE4 41.09 9.03 104.96 0
SI 41.74 1 104.96 0
SK 40.01 3.94 95.79 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-2016-11".