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.
July 2026
| Zone | Average price | Solar capture | Wind capture | Negative-price hours |
|---|---|---|---|---|
| DK1 | 102.5 € | 66.4 € 65 % | 87.8 € 86 % | 49 |
| DK2 | 103.2 € | 64.2 € 62 % | 89.0 € 86 % | 8 |
| SE1 | 14.5 € | 14.6 € 101 % | 10.7 € 74 % | 12 |
| SE2 | 15.8 € | 15.4 € 97 % | 11.3 € 71 % | 18 |
| SE3 | 47.7 € | 34.2 € 72 % | 36.9 € 77 % | 2 |
| SE4 | 76.5 € | 48.7 € 64 % | 56.8 € 74 % | 1 |
| NO1 | 98.3 € | 85.7 € 87 % | 99.4 € 101 % | 0 |
| NO2 | 104.0 € | no data | 94.0 € 90 % | 13 |
| NO3 | 66.6 € | no data | 59.3 € 89 % | 0 |
| NO4 | 15.2 € | no data | 14.3 € 94 % | 0 |
| NO5 | 100.1 € | no data | no data | 0 |
| FI | 15.6 € | 15.6 € 100 % | 10.5 € 67 % | 5 |
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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