Nordic Electricity Price Tracker
Compare today's day-ahead electricity spot prices across Denmark, Sweden, Norway, and Finland. Find the cheapest country and the best hours to run appliances — useful if you're on a spot-price contract.
Today's comparison
All prices in euro cents per kWh (¢/kWh). <5¢ = cheap · 5–10¢ = normal · >10¢ = expensive. · Data pulled at 07:03 CEST.
| Country | Avg ¢/kWh | Status |
|---|---|---|
| Denmark (West) | 16.70¢ | Expensive |
| Sweden | 4.40¢ | Cheap |
| Norway | 12.80¢ | Expensive |
| Finland | 2.69¢ | Cheap |
Hourly prices —Finland
EUR/MWh by hour, Copenhagen time (CET/CEST); Finnish time (EET/EEST) is one hour ahead. Green bars = 3 cheapest hours today. Hover a bar for the exact price.
Best time to run appliances today
The 3 cheapest hours per country, in Copenhagen time (CET/CEST) — set your appliance timers to these slots. Finnish time is one hour ahead, so in Finland set the timer one hour later than shown.
Denmark (West)
Best hour 13:00 is 69% below today's average
Sweden
Best hour 23:00 is 100% below today's average
Norway
Best hour 14:00 is 54% below today's average
Finland
Best hour 23:00 is 90% below today's average
Want hourly detail for all Nordic zones?
The full electricity prices tool shows all 12 bidding zones (DK1, DK2, SE1–SE4, NO1–NO5, FI) with an hour-by-hour breakdown and "cheapest hour" highlight.
View full zone breakdown →
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Electricity prices in the Nordics — expat guide
When is electricity cheapest in Scandinavia?
It depends on the country and the day, so check today's prices before setting a timer. In ENTSO-E day-ahead data from 1 October 2025 to 27 September 2026, the cheapest hour of the day fell between 11:00 and 16:00 on 62% of days in western Denmark (DK1), and between 00:00 and 06:00 on only 25%. In Finland it fell between 23:00 and 06:00on 76% of days. Central Sweden (SE3) and eastern Norway (NO1) were split: 41% and 44% of days between 11:00 and 16:00, 54% and 45% between 23:00 and 06:00. All hours are Copenhagen time (CET/CEST); Finnish time (EET/EEST) is one hour ahead. Running dishwashers, washing machines, and EV chargers on a timer set to the cheapest hours can cut your bill if you're on a spot-price contract.
How do Nordic electricity prices compare?
Norway generally has the lowest prices due to abundant hydropower (90%+ of generation). Sweden is typically next, especially in northern zones. Denmark often pays the highest prices because of heavy wind reliance (volatile when wind drops) and connection to pricier continental European markets. Finland tracks closely with Sweden. All four countries trade on the Nord Pool exchange — prices converge when interconnector capacity is available but diverge when transmission is constrained.
What affects electricity prices in Denmark?
Wind generation dominates. When wind output is high, Danish spot prices fall sharply — sometimes to zero or negative. When wind is low, Denmark imports from Germany and Norway at higher continental prices. DK1 (Jutland/Funen) connects to Germany and tends to be more volatile; DK2 (Copenhagen) connects to Sweden.
What affects electricity prices in Sweden?
Hydro reservoir levels in Norway and northern Sweden are the main driver. Dry years deplete reservoirs and push prices up. SE3 (Stockholm) and SE4 (Malmö) tend to be more expensive than the northern zones due to higher demand and grid congestion southward.
What affects electricity prices in Norway?
Reservoir fill levels govern Norwegian prices. A dry summer or cold winter can cause sharp spikes. The NORD.LINK cable to Germany means southern Norwegian zones (NO1, NO2) can see prices pulled up toward continental levels during high-demand periods.
What affects electricity prices in Finland?
Finland is a single price zone. The Olkiluoto 3 nuclear reactor (Europe's largest, fully operational since 2023) provides significant baseload and has helped stabilise Finnish prices. Finland is also interconnected with Sweden, Estonia, and (until 2022) Russia.
Am I on a spot-price contract?
In Denmark and Sweden, many expats end up on variable spot-price contracts through providers like Norlys, Vindstød, or Tibber in Denmark, or Tibber and Vattenfallin Sweden. If your bill shows a price that changes monthly or hourly, you're likely on spot pricing and these hourly rates directly affect your bill. Fixed-rate contracts insulate you from spot volatility.
Prices fetched from the ENTSO-E Transparency Platform. Day-ahead prices are wholesale spot prices set at auction the day before, for every 15-minute interval of the next day; the hourly figures here are averages of those 15-minute prices. They do not include grid tariffs, electricity taxes, VAT, or supplier margin — your final consumer price will be higher. The comparison table is in euro cents per kWh (¢/kWh); the hourly chart and appliance slots are in EUR/MWh. Divide EUR/MWh by 10 for ¢/kWh, or by 1,000 for EUR/kWh. For informational use only. Country zones: DK1 (western Denmark), SE3 (central Sweden/Stockholm), NO1 (eastern Norway/Oslo), FI (all Finland).