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Monthly report · day-ahead market

Electricity prices in Sweden, January 2026

January 2026
Monthly averageSEK 1.068SEK 1,067.52/MWh
Final price (est.)SEK 2.277/kWh
Cheapest day1 JanSEK 0.142/kWh
Most expensive day20 JanSEK 1.713/kWh
Hours below zero0h

In January 2026, electricity on the day-ahead market in Sweden (Stockholm, SE3) cost an average of SEK 1.068/kWh (SEK 1,067.52/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around SEK 2.277/kWh.

That is 114% more than in December 2025 and 84% more than in January 2025.

The cheapest day was Thursday, 1 January 2026, averaging SEK 0.142/kWh; the most expensive was Tuesday, 20 January 2026 at SEK 1.713/kWh.

The lowest price came on 1 January 2026 at 05:45 (SEK 0.032/kWh), the highest on 20 January 2026 at 16:45 (SEK 3.681/kWh).

On an average day, the cheapest three hours were 02:00–05:00. Weekends were on average 12% cheaper than weekdays.

Compared with

Previous month (December 2025)
SEK 0.499 ▲
Same month last year
SEK 0.581 ▲
Weekdays
SEK 1.107
Weekends
SEK 0.971

Wholesale price · /kWh

Price by day

Daily wholesale average; the line marks the monthly average.

0.0000.5001.0001.5002.0001 January 2026 · SEK 0.142/kWh12 January 2026 · SEK 0.486/kWh3 January 2026 · SEK 0.788/kWh4 January 2026 · SEK 0.980/kWh5 January 2026 · SEK 1.470/kWh6 January 2026 · SEK 1.330/kWh67 January 2026 · SEK 0.929/kWh8 January 2026 · SEK 1.083/kWh9 January 2026 · SEK 0.821/kWh10 January 2026 · SEK 0.982/kWh11 January 2026 · SEK 0.965/kWh1112 January 2026 · SEK 1.278/kWh13 January 2026 · SEK 1.040/kWh14 January 2026 · SEK 0.770/kWh15 January 2026 · SEK 0.937/kWh16 January 2026 · SEK 0.654/kWh1617 January 2026 · SEK 0.795/kWh18 January 2026 · SEK 1.018/kWh19 January 2026 · SEK 1.423/kWh20 January 2026 · SEK 1.713/kWh21 January 2026 · SEK 1.146/kWh2122 January 2026 · SEK 1.028/kWh23 January 2026 · SEK 1.122/kWh24 January 2026 · SEK 1.130/kWh25 January 2026 · SEK 1.131/kWh26 January 2026 · SEK 1.480/kWh2627 January 2026 · SEK 1.487/kWh28 January 2026 · SEK 1.435/kWh29 January 2026 · SEK 1.397/kWh30 January 2026 · SEK 1.183/kWh31 January 2026 · SEK 0.950/kWh31

/kWh

The average day

Average wholesale price for each hour of the day this month.

0.0000.5001.0001.50000:00 · SEK 0.840/kWh0001:00 · SEK 0.815/kWh02:00 · SEK 0.781/kWh03:00 · SEK 0.769/kWh0304:00 · SEK 0.775/kWh05:00 · SEK 0.809/kWh06:00 · SEK 0.916/kWh0607:00 · SEK 1.106/kWh08:00 · SEK 1.264/kWh09:00 · SEK 1.275/kWh0910:00 · SEK 1.243/kWh11:00 · SEK 1.171/kWh12:00 · SEK 1.128/kWh1213:00 · SEK 1.111/kWh14:00 · SEK 1.139/kWh15:00 · SEK 1.237/kWh1516:00 · SEK 1.349/kWh17:00 · SEK 1.419/kWh18:00 · SEK 1.348/kWh1819:00 · SEK 1.220/kWh20:00 · SEK 1.083/kWh21:00 · SEK 1.011/kWh2122:00 · SEK 0.951/kWh23:00 · SEK 0.862/kWh

/kWh · 02:00–05:00

All days

DayAverageLowestHighestHours < 0Final (est.)
1 Jan ThursdaySEK 0.142SEK 0.032 05:45SEK 0.407 00:00–SEK 1.108
2 Jan FridaySEK 0.486SEK 0.073 04:00SEK 0.784 15:45–SEK 1.540
3 Jan SaturdaySEK 0.788SEK 0.391 04:00SEK 1.159 18:00–SEK 1.917
4 Jan SundaySEK 0.980SEK 0.841 04:15SEK 1.299 19:00–SEK 2.156
5 Jan MondaySEK 1.470SEK 0.854 00:45SEK 2.636 17:30–SEK 2.772
6 Jan TuesdaySEK 1.330SEK 0.697 23:45SEK 1.992 09:00–SEK 2.598
7 Jan WednesdaySEK 0.929SEK 0.523 23:45SEK 1.348 17:45–SEK 2.100
8 Jan ThursdaySEK 1.083SEK 0.501 05:00SEK 2.027 18:00–SEK 2.290
9 Jan FridaySEK 0.821SEK 0.473 04:00SEK 1.041 10:30–SEK 1.964
10 Jan SaturdaySEK 0.982SEK 0.619 01:45SEK 1.464 18:00–SEK 2.165
11 Jan SundaySEK 0.965SEK 0.792 07:00SEK 1.300 16:45–SEK 2.143
12 Jan MondaySEK 1.278SEK 0.777 23:45SEK 2.335 12:00–SEK 2.539
13 Jan TuesdaySEK 1.040SEK 0.564 23:45SEK 1.566 10:00–SEK 2.240
14 Jan WednesdaySEK 0.770SEK 0.305 05:00SEK 1.246 16:45–SEK 1.902
15 Jan ThursdaySEK 0.937SEK 0.492 23:45SEK 1.414 17:15–SEK 2.113
16 Jan FridaySEK 0.654SEK 0.464 03:45SEK 0.854 07:45–SEK 1.757
17 Jan SaturdaySEK 0.795SEK 0.346 02:30SEK 1.107 17:45–SEK 1.934
18 Jan SundaySEK 1.018SEK 0.685 06:00SEK 1.461 18:30–SEK 2.213
19 Jan MondaySEK 1.423SEK 0.923 05:00SEK 2.291 17:15–SEK 2.717
20 Jan TuesdaySEK 1.713SEK 1.005 23:45SEK 3.681 16:45–SEK 3.082
21 Jan WednesdaySEK 1.146SEK 0.854 23:45SEK 1.660 09:00–SEK 2.378
22 Jan ThursdaySEK 1.028SEK 0.836 02:45SEK 1.411 17:30–SEK 2.236
23 Jan FridaySEK 1.122SEK 0.915 03:45SEK 1.661 09:00–SEK 2.356
24 Jan SaturdaySEK 1.130SEK 0.941 00:00SEK 1.505 17:45–SEK 2.366
25 Jan SundaySEK 1.131SEK 0.938 06:00SEK 1.420 18:15–SEK 2.367
26 Jan MondaySEK 1.480SEK 0.975 04:00SEK 2.103 17:45–SEK 2.797
27 Jan TuesdaySEK 1.487SEK 1.052 04:15SEK 2.278 09:45–SEK 2.811
28 Jan WednesdaySEK 1.435SEK 1.052 03:30SEK 1.981 10:00–SEK 2.745
29 Jan ThursdaySEK 1.397SEK 1.025 23:45SEK 1.821 09:00–SEK 2.699
30 Jan FridaySEK 1.183SEK 0.738 23:45SEK 1.743 09:00–SEK 2.436
31 Jan SaturdaySEK 0.950SEK 0.695 06:00SEK 1.248 17:00–SEK 2.145

/kWh · Today · Methodology

Monthly averageSEK 1.112SEK 1,112.09/MWh
Final price (est.)SEK 2.333/kWh
Cheapest day1 JanSEK 0.142/kWh
Most expensive day20 JanSEK 1.721/kWh
Hours below zero0h

In January 2026, electricity on the day-ahead market in Sweden (Malmö, SE4) cost an average of SEK 1.112/kWh (SEK 1,112.09/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around SEK 2.333/kWh.

That is 78% more than in December 2025 and 60% more than in January 2025.

The cheapest day was Thursday, 1 January 2026, averaging SEK 0.142/kWh; the most expensive was Tuesday, 20 January 2026 at SEK 1.721/kWh.

The lowest price came on 1 January 2026 at 06:00 (SEK 0.027/kWh), the highest on 20 January 2026 at 16:45 (SEK 3.705/kWh).

On an average day, the cheapest three hours were 02:00–05:00. Weekends were on average 11% cheaper than weekdays.

Compared with

Previous month (December 2025)
SEK 0.626 ▲
Same month last year
SEK 0.697 ▲
Weekdays
SEK 1.150
Weekends
SEK 1.018

Wholesale price · /kWh

Price by day

Daily wholesale average; the line marks the monthly average.

0.0000.5001.0001.5002.0001 January 2026 · SEK 0.142/kWh12 January 2026 · SEK 0.551/kWh3 January 2026 · SEK 0.809/kWh4 January 2026 · SEK 0.980/kWh5 January 2026 · SEK 1.471/kWh6 January 2026 · SEK 1.337/kWh67 January 2026 · SEK 0.989/kWh8 January 2026 · SEK 1.273/kWh9 January 2026 · SEK 0.825/kWh10 January 2026 · SEK 0.984/kWh11 January 2026 · SEK 0.976/kWh1112 January 2026 · SEK 1.413/kWh13 January 2026 · SEK 1.080/kWh14 January 2026 · SEK 1.056/kWh15 January 2026 · SEK 0.982/kWh16 January 2026 · SEK 0.784/kWh1617 January 2026 · SEK 1.114/kWh18 January 2026 · SEK 1.059/kWh19 January 2026 · SEK 1.426/kWh20 January 2026 · SEK 1.721/kWh21 January 2026 · SEK 1.149/kWh2122 January 2026 · SEK 1.029/kWh23 January 2026 · SEK 1.121/kWh24 January 2026 · SEK 1.133/kWh25 January 2026 · SEK 1.134/kWh26 January 2026 · SEK 1.480/kWh2627 January 2026 · SEK 1.483/kWh28 January 2026 · SEK 1.433/kWh29 January 2026 · SEK 1.389/kWh30 January 2026 · SEK 1.174/kWh31 January 2026 · SEK 0.977/kWh31

/kWh

The average day

Average wholesale price for each hour of the day this month.

0.0000.5001.0001.50000:00 · SEK 0.881/kWh0001:00 · SEK 0.850/kWh02:00 · SEK 0.812/kWh03:00 · SEK 0.800/kWh0304:00 · SEK 0.807/kWh05:00 · SEK 0.832/kWh06:00 · SEK 0.939/kWh0607:00 · SEK 1.137/kWh08:00 · SEK 1.306/kWh09:00 · SEK 1.315/kWh0910:00 · SEK 1.301/kWh11:00 · SEK 1.228/kWh12:00 · SEK 1.179/kWh1213:00 · SEK 1.151/kWh14:00 · SEK 1.184/kWh15:00 · SEK 1.288/kWh1516:00 · SEK 1.411/kWh17:00 · SEK 1.481/kWh18:00 · SEK 1.409/kWh1819:00 · SEK 1.279/kWh20:00 · SEK 1.139/kWh21:00 · SEK 1.055/kWh2122:00 · SEK 0.998/kWh23:00 · SEK 0.908/kWh

/kWh · 02:00–05:00

All days

DayAverageLowestHighestHours < 0Final (est.)
1 Jan ThursdaySEK 0.142SEK 0.027 06:00SEK 0.437 00:00–SEK 1.109
2 Jan FridaySEK 0.551SEK 0.072 04:15SEK 0.981 20:00–SEK 1.621
3 Jan SaturdaySEK 0.809SEK 0.411 04:00SEK 1.158 18:00–SEK 1.943
4 Jan SundaySEK 0.980SEK 0.841 04:15SEK 1.299 19:00–SEK 2.156
5 Jan MondaySEK 1.471SEK 0.854 00:45SEK 2.636 17:30–SEK 2.772
6 Jan TuesdaySEK 1.337SEK 0.821 23:45SEK 1.993 09:00–SEK 2.607
7 Jan WednesdaySEK 0.989SEK 0.624 23:45SEK 1.375 17:45–SEK 2.175
8 Jan ThursdaySEK 1.273SEK 0.601 03:45SEK 2.512 16:45–SEK 2.526
9 Jan FridaySEK 0.825SEK 0.480 04:00SEK 1.041 10:30–SEK 1.968
10 Jan SaturdaySEK 0.984SEK 0.632 01:45SEK 1.464 18:00–SEK 2.168
11 Jan SundaySEK 0.976SEK 0.827 04:45SEK 1.302 16:45–SEK 2.158
12 Jan MondaySEK 1.413SEK 0.786 23:45SEK 3.484 12:00–SEK 2.708
13 Jan TuesdaySEK 1.080SEK 0.696 23:45SEK 1.572 10:00–SEK 2.291
14 Jan WednesdaySEK 1.056SEK 0.327 05:00SEK 2.055 16:45–SEK 2.260
15 Jan ThursdaySEK 0.982SEK 0.526 23:45SEK 1.439 17:15–SEK 2.169
16 Jan FridaySEK 0.784SEK 0.494 03:45SEK 1.221 16:45–SEK 1.920
17 Jan SaturdaySEK 1.114SEK 0.421 02:45SEK 1.521 17:45–SEK 2.332
18 Jan SundaySEK 1.059SEK 0.718 06:00SEK 1.466 18:30–SEK 2.264
19 Jan MondaySEK 1.426SEK 0.934 05:00SEK 2.296 17:15–SEK 2.722
20 Jan TuesdaySEK 1.721SEK 1.005 23:45SEK 3.705 16:45–SEK 3.092
21 Jan WednesdaySEK 1.149SEK 0.864 23:45SEK 1.661 09:00–SEK 2.381
22 Jan ThursdaySEK 1.029SEK 0.845 02:45SEK 1.415 17:30–SEK 2.238
23 Jan FridaySEK 1.121SEK 0.918 03:45SEK 1.661 09:00–SEK 2.354
24 Jan SaturdaySEK 1.133SEK 0.951 00:00SEK 1.505 17:45–SEK 2.369
25 Jan SundaySEK 1.134SEK 0.949 06:00SEK 1.420 18:15–SEK 2.370
26 Jan MondaySEK 1.480SEK 0.982 04:00SEK 2.104 17:45–SEK 2.798
27 Jan TuesdaySEK 1.483SEK 1.052 04:15SEK 2.280 09:45–SEK 2.805
28 Jan WednesdaySEK 1.433SEK 1.051 00:45SEK 1.981 10:00–SEK 2.743
29 Jan ThursdaySEK 1.389SEK 1.025 23:45SEK 1.816 09:00–SEK 2.690
30 Jan FridaySEK 1.174SEK 0.764 23:45SEK 1.725 09:00–SEK 2.425
31 Jan SaturdaySEK 0.977SEK 0.730 06:00SEK 1.268 17:00–SEK 2.178

/kWh · Today · Methodology

Tomorrow

Tomorrow's prices: from ~13:00 CET

Tomorrow Methodology