Electricity prices in northern Norway (NO4) today
The wholesale day-ahead price in northern Norway (NO4) is €17.59 per MWh right now, or €0.0176 per kWh. Today's average is €15.90/MWh, −€1.21 against yesterday, and €218.22 below the European average of €234.12/MWh.
- Average today
- €15.90
- /MWh
- Lowest
- €8.92
- /MWh at 21:00
- Highest
- €18.04
- /MWh at 04:00
- In €/kWh
- €0.0159
- /kWh wholesale only
Price for each interval, 7 November 2026
96 of 96 intervals published at 15-minute resolution.
Cheapest electricity hours today
The three cheapest intervals in northern Norway (NO4) today average €9.72/MWh, €6.18 below the day's average of €15.90. The lowest of them is €8.92/MWh at 21:00. Over the last seven days the cheapest hour in northern Norway (NO4) has typically been around 23:00. That is demand, not solar: consumption collapses overnight while hydro and nuclear keep running, which is the shape of a northern market rather than a sunny one.
- 21:00 – 21:15€8.92/MWh
- 21:15 – 21:30€10.05/MWh
- 21:45 – 22:00€10.19/MWh
When is electricity most expensive?
The three most expensive intervals average €18.03/MWh, €2.12 above the day's average. The highest is €18.04/MWh at 04:00. The peak has typically been around 09:00 over the last seven days. It is the hour solar output has fallen but demand has not, which is when gas sets the price.
- 04:00 – 04:15€18.04/MWh
- 04:45 – 05:00€18.02/MWh
- 04:30 – 04:45€18.02/MWh
How northern Norway (NO4) compares with the rest of Europe
northern Norway (NO4) is averaging €15.90/MWh today against a European average of €234.12/MWh — €218.22 cheaper. The cheapest zone in Europe today is north-central Sweden (SE2) at €3.54/MWh, and the most expensive Ireland and Northern Ireland at €453.89. Both are the same market, priced differently because the lines between them are full.
More for northern Norway (NO4)
Nord Pool prices
The day-ahead price for northern Norway (NO4) is set in the daily auction run by Nord Pool, not here. We read the result from the ENTSO-E Transparency Platform, so the figure on this page is the one that auction cleared.
About this market
Northern Norway has abundant hydro and little export capacity southwards, which regularly makes it the cheapest bidding zone in Europe, sometimes by an order of magnitude.
Method and source
- Source: ENTSO-E Transparency Platform.
- Market: day-ahead auction. Zone: NO_4. Timezone: Europe/Oslo.
- The daily average is the arithmetic mean of every published interval of the local day, not weighted by volume.
- This is a wholesale price. Network charges, levies, taxes and supplier margin are not included, and a household tariff is typically several times higher.