State of European Power · June 2019
State of European Power — June 2019
Published 2019-07-02 · every figure recomputed live from the Voltcast production database (last: 2026-07-13T23:50Z) · reproduce any number via the API
124
negative price-hours across 37 zones in June 2019
38.26
average day-ahead price, €/MWh, across covered zones
12
zones that cleared below zero at least once
June 2019 closed with 124 negative price-hours across the 37 European bidding zones with full coverage this month — 12 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 SE1 (average 24.48 €/MWh); the priciest was GR (68.09 €/MWh) — a 44 €/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 (26), and the widest intra-month price range belonged to BE: from -500 to 76.16 €/MWh (576.16 €/MWh of spread — the raw material for every battery business case). The single deepest print of the month was -500.00 €/MWh in BE on 2019-06-08.
Every zone, one table
| Zone | Avg €/MWh | Min | Max | Negative hours |
|---|---|---|---|---|
| AT | 34.02 | -22.8 | 67.12 | 7 |
| BE | 27.49 | -500 | 76.16 | 26 |
| CH | 31.85 | -39.45 | 49.72 | 7 |
| CZ | 33.84 | -48.14 | 71.44 | 24 |
| DE-LU | 32.8 | -73.26 | 72.88 | 25 |
| DK1 | 32.86 | -11.03 | 76.5 | 1 |
| DK2 | 33.61 | 0.02 | 76.5 | 0 |
| EE | 43.47 | 0.51 | 200.03 | 0 |
| ES | 47.16 | 26.73 | 59.01 | 0 |
| FI | 30.73 | 0.51 | 159.96 | 0 |
| FR | 29.24 | -24.92 | 51.22 | 10 |
| GR | 68.09 | 11.19 | 86.88 | 0 |
| HR | 40.41 | -0.48 | 80.02 | 1 |
| HU | 41.31 | 10.09 | 77.93 | 0 |
| IE-SEM | 41.75 | -0.35 | 152.78 | 3 |
| IT-CNOR | 51.33 | 10 | 76.42 | 0 |
| IT-CSUD | 51.69 | 10 | 76.42 | 0 |
| IT-NORD | 44.8 | 10 | 75 | 0 |
| IT-SARD | 51.69 | 10 | 76.42 | 0 |
| IT-SICI | 64.22 | 10 | 129.21 | 0 |
| IT-SUD | 51.1 | 10 | 75 | 0 |
| LT | 44.67 | 0.51 | 200.03 | 0 |
| LV | 44.67 | 0.51 | 200.03 | 0 |
| NL | 36.23 | -9.02 | 83.62 | 2 |
| NO1 | 30.04 | 5.86 | 38.46 | 0 |
| NO2 | 30.18 | 5.86 | 38.46 | 0 |
| NO3 | 25.95 | 1.38 | 37.21 | 0 |
| NO4 | 26 | 1.38 | 37.21 | 0 |
| NO5 | 30.04 | 5.86 | 38.46 | 0 |
| PT | 47.18 | 26.73 | 59.01 | 0 |
| RS | 41.47 | 10.14 | 79.8 | 0 |
| SE1 | 24.48 | 0.51 | 38.46 | 0 |
| SE2 | 24.48 | 0.51 | 38.46 | 0 |
| SE3 | 24.48 | 0.51 | 38.46 | 0 |
| SE4 | 27.73 | 0.51 | 72.94 | 0 |
| SI | 40.02 | -0.48 | 76.5 | 1 |
| SK | 34.56 | -23 | 71.44 | 17 |
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-2019-06".