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.
January 2026
| Zone | Average price | Solar capture | Wind capture |
|---|---|---|---|
| DK1 | 105.6 € | 108.4 € 103 % | 99.3 € 94 % |
| DK2 | 109.9 € | 111.2 € 101 % | 103.6 € 94 % |
| SE1 | 87.9 € | no data | 66.5 € 76 % |
| SE2 | 88.2 € | no data | 58.8 € 67 % |
| SE3 | 101.5 € | 118.2 € 116 % | 91.8 € 90 % |
| SE4 | 105.7 € | 117.3 € 111 % | 100.2 € 95 % |
| NO1 | 108.9 € | no data | 98.3 € 90 % |
| NO2 | 105.3 € | no data | 103.9 € 99 % |
| NO3 | 102.2 € | no data | 98.8 € 97 % |
| NO4 | 71.2 € | no data | 55.5 € 78 % |
| NO5 | 107.1 € | no data | no data |
| FI | 117.2 € | 165.5 € 141 % | 86.6 € 74 % |
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.
Get the barometer by mail, four times a year
One mail per quarter with the numbers above. No other mails.
Selling solar, wind or hybrid power?
A PPA fixes the price for years instead of taking what the month pays, and a battery moves output to the hours that pay more. A PPA check shows in two weeks which buyers your project fits, at what price.