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.
September 2025
| Zone | Average price | Solar capture | Wind capture | Negative-price hours |
|---|---|---|---|---|
| DK1 | 73.8 € | 48.2 € 65 % | 58.5 € 79 % | 27 |
| DK2 | 84.4 € | 52.3 € 62 % | 75.0 € 89 % | 5 |
| SE1 | 15.7 € | no data | 8.8 € 56 % | 3 |
| SE2 | 14.6 € | 18.5 € 127 % | 9.4 € 65 % | 14 |
| SE3 | 49.0 € | 37.6 € 77 % | 35.8 € 73 % | 4 |
| SE4 | 65.5 € | 43.3 € 66 % | 49.6 € 76 % | 7 |
| NO1 | 51.3 € | no data | 46.2 € 90 % | 3 |
| NO2 | 60.4 € | no data | 59.5 € 98 % | 1 |
| NO3 | 14.9 € | no data | 13.9 € 93 % | 3 |
| NO4 | 4.4 € | no data | 3.6 € 82 % | 3 |
| NO5 | 47.4 € | no data | no data | 0 |
| FI | 43.4 € | 47.3 € 109 % | 21.8 € 50 % | 19 |
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.
Selling solar or wind in the Nordics?
A PPA fixes the price for years instead of taking what the month pays. See which companies are looking to buy, or talk it through with us first.