State of European Power · November 2019
State of European Power — November 2019
Published 2019-12-02 · every figure recomputed live from the Voltcast production database (last: 2026-07-13T23:55Z) · reproduce any number via the API
5
negative price-hours across 37 zones in November 2019
44.43
average day-ahead price, €/MWh, across covered zones
1
zones that cleared below zero at least once
November 2019 closed with 5 negative price-hours across the 37 European bidding zones with full coverage this month — 1 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 40.93 €/MWh); the priciest was GR (55.35 €/MWh) — a 14 €/MWh gap between two markets inside one coupled European system, which is the whole story of constrained interconnection in one number.
IE-SEM logged the most negative hours (5), and the widest intra-month price range belonged to IE-SEM: from -1 to 150 €/MWh (151 €/MWh of spread — the raw material for every battery business case). The single deepest print of the month was -50.00 €/MWh in AT on 2019-11-19.
Every zone, one table
| Zone | Avg €/MWh | Min | Max | Negative hours |
|---|---|---|---|---|
| AT | 42.7 | 10.54 | 79.37 | 0 |
| BE | 44.41 | 7.22 | 87.12 | 0 |
| CH | 45.95 | 13.92 | 78 | 0 |
| CZ | 41.99 | 11.8 | 75.87 | 0 |
| DE-LU | 40.97 | 5.48 | 80.29 | 0 |
| DK1 | 41.75 | 7.57 | 87.12 | 0 |
| DK2 | 42.7 | 7.57 | 87.12 | 0 |
| EE | 45.72 | 27 | 104.04 | 0 |
| ES | 42.19 | 5.95 | 65.64 | 0 |
| FI | 45.71 | 27 | 104.04 | 0 |
| FR | 45.95 | 6.66 | 99.1 | 0 |
| GR | 55.35 | 0 | 89.03 | 0 |
| HR | 45.16 | 1.88 | 126.55 | 0 |
| HU | 43.93 | 11.8 | 92.07 | 0 |
| IE-SEM | 52 | -1 | 150 | 5 |
| IT-CNOR | 48.73 | 7.13 | 85 | 0 |
| IT-CSUD | 48.02 | 7.13 | 85 | 0 |
| IT-NORD | 48.06 | 7.13 | 85 | 0 |
| IT-SARD | 47.43 | 0 | 85 | 0 |
| IT-SICI | 50.34 | 0 | 119.99 | 0 |
| IT-SUD | 46.27 | 0 | 85 | 0 |
| LT | 44.7 | 27 | 104.04 | 0 |
| LV | 45.26 | 27 | 104.04 | 0 |
| NL | 42.71 | 18.26 | 87.12 | 0 |
| NO1 | 42.27 | 34.93 | 84.33 | 0 |
| NO2 | 42.22 | 34.93 | 84.33 | 0 |
| NO3 | 41.29 | 32.55 | 80.75 | 0 |
| NO4 | 40.93 | 32.55 | 80.75 | 0 |
| NO5 | 42.37 | 34.93 | 84.33 | 0 |
| PT | 42.12 | 5.95 | 65.64 | 0 |
| RS | 42.22 | 13.5 | 78.76 | 0 |
| SE1 | 41.24 | 27 | 80.75 | 0 |
| SE2 | 41.24 | 27 | 80.75 | 0 |
| SE3 | 41.8 | 27 | 87.12 | 0 |
| SE4 | 42.31 | 27 | 87.12 | 0 |
| SI | 43.84 | 1.88 | 87.12 | 0 |
| SK | 42.1 | 11.8 | 75.87 | 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-2019-11".