State of European Power · June 2020

State of European Power — June 2020

Published 2020-07-02 · every figure recomputed live from the Voltcast production database (last: 2026-07-13T23:55Z) · reproduce any number via the API

93

negative price-hours across 38 zones in June 2020

24.84

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

11

zones that cleared below zero at least once

June 2020 closed with 93 negative price-hours across the 38 European bidding zones with full coverage this month — 11 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 NO1 (average 1.45 €/MWh); the priciest was PL (48.39 €/MWh) — a 47 €/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 (32), and the widest intra-month price range belonged to EE: from 0.6 to 255.03 €/MWh (254.43 €/MWh of spread — the raw material for every battery business case). The single deepest print of the month was -62.31 €/MWh in DE-LU on 2020-06-06.

Every zone, one table

ZoneAvg €/MWhMinMaxNegative hours
AT 26.32 -10.39 50.08 6
BE 25.59 -8.42 46.89 9
CH 25.71 -17.3 45.36 5
CZ 26.34 -15 52 6
DE-LU 26.05 -38.53 52.51 13
DK1 26.25 -3.46 87.87 4
DK2 29.8 -3.46 150.08 3
EE 37.76 0.6 255.03 0
ES 30.63 10.64 42.09 0
FI 28.25 0.45 199.95 0
FR 25.85 -9.96 46.8 5
GR 34.09 1.51 70 0
HR 28.82 1.35 65.91 0
HU 30.02 3.38 52 0
IE-SEM 25.97 -20 81 32
IT-CNOR 28.53 8 53.2 0
IT-CSUD 29.49 8 53.2 0
IT-NORD 27.08 8 46.8 0
IT-SARD 25.66 0 53.2 0
IT-SICI 31.78 0 93 0
IT-SUD 29.03 7 53.2 0
LT 38.64 0.6 255.03 0
LV 38.65 0.6 255.03 0
NL 26.26 -3.46 54.5 4
NO1 1.45 0.28 2.16 0
NO2 1.45 0.28 2.16 0
NO3 3.15 0.45 12.57 0
NO4 3.15 0.45 12.57 0
NO5 1.45 0.28 2.16 0
PL 48.39 25.84 71.84 0
PT 30.66 13 42.09 0
RS 29.84 6.78 53.61 0
SE1 9.86 0.45 56.55 0
SE2 9.86 0.45 56.55 0
SE3 23.72 0.45 199.95 0
SE4 24.2 0.45 199.95 0
SI 27.96 1.35 55 0
SK 26.34 -15 52 6

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-2020-06".