State of European Power · July 2017

State of European Power — July 2017

Published 2017-08-02 · every figure recomputed live from the Voltcast production database (last: 2026-07-13T23:48Z) · reproduce any number via the API

8

negative price-hours across 34 zones in July 2017

38.69

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

3

zones that cleared below zero at least once

July 2017 closed with 8 negative price-hours across the 34 European bidding zones with full coverage this month — 3 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 19.6 €/MWh); the priciest was IT-SICI (65.03 €/MWh) — a 45 €/MWh gap between two markets inside one coupled European system, which is the whole story of constrained interconnection in one number.

BE logged the most negative hours (4), and the widest intra-month price range belonged to BE: from -41.31 to 53.71 €/MWh (95.02 €/MWh of spread — the raw material for every battery business case). The single deepest print of the month was -41.31 €/MWh in BE on 2017-07-30.

Every zone, one table

ZoneAvg €/MWhMinMaxNegative hours
AT 33.51 -10 48.5 3
BE 33.55 -41.31 53.71 4
CH 34.28 2.83 47.39 0
CZ 40.25 9.75 90 0
DK1 31.57 -12.18 53.71 1
DK2 31.95 10.37 53.71 0
EE 34.34 10.37 70.8 0
ES 48.63 37.12 58.62 0
FI 34.18 10.37 70.8 0
FR 34.61 0.67 54.03 0
GR 52.53 35 66 0
HU 51.88 12.92 106.38 0
IT-CNOR 50.46 25.22 96 0
IT-CSUD 47.58 25.22 95.63 0
IT-NORD 49.95 21.3 96 0
IT-SARD 47.58 25.22 95.63 0
IT-SICI 65.03 21.93 106.16 0
IT-SUD 46.87 25.22 83.27 0
LT 36.29 20.27 70.8 0
LV 36.29 20.27 70.8 0
NL 34.46 10.04 59.74 0
NO1 26.19 10.37 28.39 0
NO2 26.19 10.37 28.39 0
NO3 25.03 10.37 27.99 0
NO4 19.6 2.97 23.69 0
NO5 26.15 10.37 28.39 0
PT 48.6 37.12 56.94 0
RS 52.57 19.24 98.11 0
SE1 30.69 10.37 50.07 0
SE2 30.69 10.37 50.07 0
SE3 30.84 10.37 50.07 0
SE4 30.88 10.37 50.07 0
SI 50 11.54 96 0
SK 42.1 10 90 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-2017-07".