Weekly electricity price in NordPool spot market in the Nordics 2024, by pricing area
In the week starting April 22, 2024, the day-ahead price of electricity traded on the NordPool spot market ranged between 81 euros per megawatt-hour in Sweden's pricing area SE3, encompassing the center of the country, and 63.3 euros per megawatt-hour in NO4, in northern Norway. The Nordic spot market is divided into sub-regions to balance production and consumption and avoid congestion of the electricity grid.
Only a part of the electricity supplied to Denmark, Sweden, Finland, and Norway is sold on the NordPool market, while the rest is exchanged through long-term or bilateral contracts.