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.
May 2026
| Zone | Average price | Solar capture | Wind capture |
|---|---|---|---|
| DK1 | 100.1 € | 65.4 € 65 % | 95.9 € 96 % |
| DK2 | 99.7 € | 60.0 € 60 % | 104.5 € 105 % |
| SE1 | 46.5 € | 42.6 € 92 % | 30.1 € 65 % |
| SE2 | 49.1 € | 43.7 € 89 % | 32.0 € 65 % |
| SE3 | 71.1 € | 46.5 € 65 % | 57.5 € 81 % |
| SE4 | 87.3 € | 47.0 € 54 % | 74.2 € 85 % |
| NO1 | 98.5 € | 77.0 € 78 % | 94.4 € 96 % |
| NO2 | 100.3 € | no data | 98.0 € 98 % |
| NO3 | 73.0 € | no data | 62.6 € 86 % |
| NO4 | 36.0 € | no data | 24.1 € 67 % |
| NO5 | 101.6 € | no data | no data |
| FI | 53.1 € | 45.6 € 86 % | 39.1 € 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.
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