State of European Power · June 2022

State of European Power — June 2022

Published 2022-07-02 · every figure recomputed live from the Voltcast production database (last: 2026-07-13T23:49Z) · reproduce any number via the API

32

negative price-hours across 41 zones in June 2022

199.01

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

4

zones that cleared below zero at least once

June 2022 closed with 32 negative price-hours across the 41 European bidding zones with full coverage this month — 4 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 8.31 €/MWh); the priciest was IT-NORD (273.59 €/MWh) — a 265 €/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 (18), and the widest intra-month price range belonged to BE: from -90 to 479 €/MWh (569 €/MWh of spread — the raw material for every battery business case). The single deepest print of the month was -90.00 €/MWh in BE on 2022-06-06.

Every zone, one table

ZoneAvg €/MWhMinMaxNegative hours
AT 227.72 22.86 498.19 0
BE 219.29 -90 479 18
BG 223.16 20.23 479 0
CH 255.18 112.5 484.37 0
CZ 224.96 4.23 495.73 0
DE-LU 218.17 -2.08 468.84 1
DK1 214.58 -0.01 500 1
DK2 213.38 2 500 0
EE 173.74 4.23 500 0
ES 169.43 50 262.6 0
FI 140.33 1.49 500 0
FR 248.73 60.63 479 0
GR 240.83 20.23 470.9 0
HR 245.58 23.33 503.98 0
HU 237.06 18.81 493.91 0
IE-SEM 181.85 0 384 0
IT-CALA 266.42 95.8 479 0
IT-CNOR 273.59 95.8 479 0
IT-CSUD 268.64 95.8 479 0
IT-NORD 273.59 95.8 479 0
IT-SARD 268.17 95.8 479 0
IT-SICI 266.42 95.8 479 0
IT-SUD 266.69 95.8 479 0
LT 223.38 10 550.06 0
LV 218.52 7.76 550.06 0
NL 210.7 -69.11 479 12
NO1 145.78 2 237.4 0
NO2 181.14 2 484.5 0
NO3 11.56 1.49 150.38 0
NO4 8.31 1.49 28.52 0
NO5 145.71 2 237.4 0
PL 185.27 32.51 479 0
PT 169.63 50 262.6 0
RO 230.49 20.23 479 0
RS 242.67 48.64 457.68 0
SE1 48.43 1.49 222 0
SE2 48.43 1.49 222 0
SE3 119.37 1.49 500 0
SE4 170.63 1.49 500 0
SI 246.11 23.46 479 0
SK 235.8 18.85 495.73 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-2022-06".