State of European Power · February 2017

State of European Power — February 2017

Published 2017-03-02 · every figure recomputed live from the Voltcast production database (last: 2026-07-13T23:49Z) · reproduce any number via the API

24

negative price-hours across 35 zones in February 2017

43

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

5

zones that cleared below zero at least once

February 2017 closed with 24 negative price-hours across the 35 European bidding zones with full coverage this month — 5 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 27.85 €/MWh); the priciest was IT-SICI (56.63 €/MWh) — a 29 €/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 (5), and the widest intra-month price range belonged to HU: from 8.01 to 151.09 €/MWh (143.08 €/MWh of spread — the raw material for every battery business case). The single deepest print of the month was -22.16 €/MWh in AT on 2017-02-23.

Every zone, one table

ZoneAvg €/MWhMinMaxNegative hours
AT 40.54 -10.03 87.95 5
BE 47.55 17.69 88.18 0
CH 55.16 26.18 90.1 0
CZ 40.6 -5 85.91 5
DK1 29.84 -12.12 65.42 5
DK2 32.61 -9.69 70.2 4
EE 35.13 16.54 70.2 0
ES 51.7 8 79.11 0
FI 35.07 16.54 70.2 0
FR 51.14 15.65 88.18 0
GR 56.18 35.3 138.05 0
HU 55.56 8.01 151.09 0
IT-CNOR 55.18 34.99 105 0
IT-CSUD 53.88 35.1 105 0
IT-NORD 56.33 34.99 105 0
IT-SARD 53.88 35.1 105 0
IT-SICI 56.63 0 96.01 0
IT-SUD 51.64 23.23 96.01 0
LT 36.45 16.54 70.2 0
LV 36.26 16.54 70.2 0
NL 43.06 11.42 88.18 0
NO1 31.83 27.72 55.13 0
NO2 31.67 27.72 40.18 0
NO3 32.77 19.97 70.2 0
NO4 27.85 19.97 70.2 0
NO5 31.43 27.72 37.35 0
PL 36.05 16.54 70.2 0
PT 51.35 8 79.11 0
RS 55.44 20.83 144.03 0
SE1 33.06 16.54 70.2 0
SE2 33.06 16.54 70.2 0
SE3 33.09 16.54 70.2 0
SE4 34.19 16.54 70.2 0
SI 53.1 5.2 130.1 0
SK 45.78 -5 131.1 5

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-2017-02".