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.
March 2026
| Zone | Average price | Solar capture | Wind capture | Negative-price hours |
|---|---|---|---|---|
| DK1 | 98.8 € | 63.6 € 64 % | 76.5 € 77 % | 8 |
| DK2 | 98.5 € | no data | 74.5 € 76 % | 5 |
| SE1 | 20.8 € | no data | 15.7 € 76 % | 0 |
| SE2 | 19.2 € | 20.9 € 109 % | 13.5 € 70 % | 8 |
| SE3 | 54.3 € | 41.4 € 76 % | 44.7 € 82 % | 2 |
| SE4 | 79.3 € | 48.4 € 61 % | 58.8 € 74 % | 7 |
| NO1 | 105.8 € | no data | 104.9 € 99 % | 0 |
| NO2 | 104.3 € | no data | 98.5 € 94 % | 0 |
| NO3 | 70.0 € | no data | 68.5 € 98 % | 0 |
| NO4 | 16.5 € | no data | 14.8 € 90 % | 57 |
| NO5 | 107.4 € | no data | no data | 0 |
| FI | 27.3 € | 26.8 € 98 % | 17.2 € 63 % | 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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