Nordic PPA price barometer
What an average megawatt-hour was worth in each Nordic bidding zone — and what solar and wind actually earned. The capture price is the average day-ahead price weighted by when the plants produced; the capture rate is that price as a share of the average. It is the number a pay-as-produced PPA is priced against.
August 2026
| Zone | Average price | Solar capture | Wind capture | Negative-price hours |
|---|---|---|---|---|
| DK1 | 125.8 € | 81.7 € 65 % | 115.2 € 92 % | 4 |
| DK2 | 127.5 € | 75.1 € 59 % | 122.9 € 96 % | 2 |
| SE1 | 36.1 € | 33.6 € 93 % | 22.1 € 61 % | 0 |
| SE2 | 41.1 € | 39.1 € 95 % | 21.5 € 52 % | 2 |
| SE3 | 62.0 € | 47.7 € 77 % | 35.8 € 58 % | 0 |
| SE4 | 74.9 € | 51.2 € 68 % | 46.8 € 62 % | 0 |
| NO1 | 121.5 € | 104.7 € 86 % | 113.5 € 93 % | 0 |
| NO2 | 130.0 € | no data | 122.6 € 94 % | 2 |
| NO3 | 92.9 € | no data | 78.6 € 85 % | 0 |
| NO4 | 16.0 € | no data | 9.8 € 61 % | 0 |
| NO5 | 114.8 € | no data | no data | 0 |
| FI | 42.4 € | no data | 23.1 € 54 % | 0 |
Prices in €/MWh. Source: ENTSO-E Transparency Platform — day-ahead prices and actual generation per production type. Wind is onshore and offshore combined. “No data” means the technology produced too little in the zone that month for a capture price to mean anything, or ENTSO-E has no data for it. Months run midnight to midnight UTC. Historical market data for information only — not a price offer and not financial advice.
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