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.
December 2025
| Zone | Average price | Solar capture | Wind capture |
|---|---|---|---|
| DK1 | 82.4 € | 80.6 € 98 % | 70.9 € 86 % |
| DK2 | 82.1 € | 80.5 € 98 % | 68.0 € 83 % |
| SE1 | 29.0 € | no data | 16.2 € 56 % |
| SE2 | 29.4 € | no data | 13.4 € 45 % |
| SE3 | 47.4 € | 47.1 € 99 % | 36.6 € 77 % |
| SE4 | 59.5 € | 58.7 € 99 % | 46.5 € 78 % |
| NO1 | 68.9 € | no data | 64.9 € 94 % |
| NO2 | 69.8 € | no data | 66.5 € 95 % |
| NO3 | 49.6 € | no data | 45.1 € 91 % |
| NO4 | 26.9 € | no data | 20.5 € 77 % |
| NO5 | 66.1 € | no data | no data |
| FI | 36.1 € | 41.7 € 115 % | 24.3 € 67 % |
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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