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.
April 2026
| Zone | Average price | Solar capture | Wind capture | Negative-price hours |
|---|---|---|---|---|
| DK1 | 82.6 € | 43.9 € 53 % | 72.8 € 88 % | 58 |
| DK2 | 78.9 € | no data | 63.8 € 81 % | 36 |
| SE1 | 23.6 € | 21.8 € 92 % | 14.5 € 61 % | 12 |
| SE2 | 24.3 € | 22.3 € 92 % | 14.2 € 58 % | 20 |
| SE3 | 50.4 € | 31.7 € 63 % | 40.2 € 80 % | 27 |
| SE4 | 59.7 € | 32.9 € 55 % | 43.7 € 73 % | 34 |
| NO1 | 99.4 € | no data | 99.5 € 100 % | 0 |
| NO2 | 92.7 € | no data | 90.3 € 97 % | 1 |
| NO3 | 91.8 € | no data | 93.8 € 102 % | 0 |
| NO4 | 13.0 € | no data | 11.9 € 92 % | 102 |
| NO5 | 110.1 € | no data | no data | 0 |
| FI | 48.2 € | 45.2 € 94 % | 30.9 € 64 % | 10 |
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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