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.
September 2026
| Zone | Average price | Solar capture | Wind capture |
|---|---|---|---|
| DK1 | 140.9 € | 96.8 € 69 % | 117.8 € 84 % |
| DK2 | 143.3 € | 94.2 € 66 % | 120.4 € 84 % |
| SE1 | 40.9 € | 49.5 € 121 % | 27.1 € 66 % |
| SE2 | 45.8 € | 54.3 € 118 % | 30.6 € 67 % |
| SE3 | 77.6 € | 65.6 € 85 % | 56.2 € 72 % |
| SE4 | 106.9 € | 75.3 € 70 % | 73.9 € 69 % |
| NO1 | 122.9 € | 115.5 € 94 % | 114.5 € 93 % |
| NO2 | 130.7 € | no data | 116.5 € 89 % |
| NO3 | 99.2 € | no data | 90.1 € 91 % |
| NO4 | 33.3 € | no data | 28.1 € 84 % |
| NO5 | 122.6 € | no data | no data |
| FI | 56.9 € | 65.5 € 115 % | 32.3 € 57 % |
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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