⚡ Live · 2026-07-04 · ENTSO-E official data
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 11:52 CET.
| Country | Avg ¢/kWh | Status |
|---|---|---|
| 🇩🇰Denmark (West) | 5.62¢ | Normal |
| 🇸🇪Sweden | 2.97¢ | Cheap |
| 🇳🇴Norway | 5.45¢ | Normal |
| 🇫🇮Finland | 2.18¢ | Cheap |
Hourly prices — 🇫🇮 Finland
EUR/MWh by hour (local CET time). Green bars = 3 cheapest hours today. Hover a bar for the exact price.
Best time to run appliances today
Cheapest 3-hour windows per country — set your appliance timers to these slots.
🇩🇰 Denmark (West)
Best hour 14:00 is 109% below today's average
🇸🇪 Sweden
Best hour 13:00 is 66% below today's average
🇳🇴 Norway
Best hour 13:00 is 77% below today's average
🇫🇮 Finland
Best hour 13:00 is 48% 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 a complete 24-hour breakdown and "cheapest hour" highlight.
View full zone breakdown →Send money home without the bank markup
Most Danish banks add a 3–5% hidden margin on the exchange rate when you send money abroad. Wise uses the real mid-market rate with a small, transparent fee shown upfront — so more of your money actually arrives.
- ✓ Hold DKK, EUR, GBP and 40+ currencies in one account
- ✓ Get a local EUR/GBP IBAN — useful before your Danish bank is open
- ✓ Wise debit card works in Denmark and across the EU
Affiliate link — we earn a small commission if you sign up. It doesn't affect your fees.
Electricity prices in the Nordics — expat guide
When is electricity cheapest in Scandinavia?
Electricity is typically cheapest between midnight and 06:00 local timeacross all Nordic countries. This overnight window coincides with low industrial demand and, on windy nights, surplus wind generation that pushes spot prices down — sometimes to near zero or negative. Running dishwashers, washing machines, and EV chargers on a timer during this window can cut your bill noticeably 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 each afternoon for the following 24 hours. They do not include grid tariffs, electricity taxes, VAT, or supplier margin — your final consumer price will be higher. Shown prices are in EUR/MWh; divide by 1,000 for EUR/kWh, or multiply by 0.1 to get euro cents per kWh. For informational use only. Country zones: DK1 (western Denmark), SE3 (central Sweden/Stockholm), NO1 (eastern Norway/Oslo), FI (all Finland).