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.
November 2025
| Zone | Average price | Solar capture | Wind capture |
|---|---|---|---|
| DK1 | 92.9 € | 93.5 € 101 % | 78.1 € 84 % |
| DK2 | 93.6 € | 90.9 € 97 % | 75.1 € 80 % |
| SE1 | 33.6 € | no data | 14.9 € 44 % |
| SE2 | 31.2 € | no data | 15.4 € 49 % |
| SE3 | 63.3 € | 73.9 € 117 % | 44.7 € 71 % |
| SE4 | 73.4 € | 74.6 € 102 % | 57.5 € 78 % |
| NO1 | 78.7 € | no data | 70.7 € 90 % |
| NO2 | 80.1 € | no data | 68.6 € 86 % |
| NO3 | 46.2 € | no data | 35.5 € 77 % |
| NO4 | 30.4 € | no data | 16.4 € 54 % |
| NO5 | 75.3 € | no data | no data |
| FI | 47.9 € | 57.1 € 119 % | 25.7 € 54 % |
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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