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Ekonomi · energi

Elpriser SE1–SE4

Årsmedel Day-ahead spotpris (öre/kWh, exkl. moms/skatter/nätavgift). Prisområdena SE3 och SE4 (södra Sverige) har haft dramatiskt högre priser sedan 2021 än SE1/SE2 (norr).

Källor: Nord Pool, Svenska kraftnät, Ei, SCB.

Last updated: View changelog

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Updated:

Årsmedel spotpris per elområde (SE1–SE4)

2015–2026 · öre/kWh · Sverige (SE1–SE4)

Årsmedel spotpris per elområde (SE1–SE4): SE1 (öre/kWh) moves from 20.7 (2015) to 55.4 (2026) — up 34.7 öre/kWh. Full values are available in the data table below (2015–2026, Sverige (SE1–SE4)).

Årsmedel spotpris per elområde (SE1–SE4) · öre/kWh · 2015–2026 · Sverige (SE1–SE4)
ÅrSE1 (öre/kWh)SE2 (öre/kWh)SE3 (öre/kWh)SE4 (öre/kWh)
201520.720.721.524.5
201626.126.127.729.3
201728.928.930.532.4
201842.542.546.549.5
201938.138.140.742.5
202015.115.122.026.1
202143.643.666.982.2
202240.440.4135.7165.0
202338.738.758.576.7
202422.422.443.258.9
202526.126.155.471.8
202655.455.881.096.0

Method: Aritmetiskt årsmedelvärde av timvis Day-ahead spotpris per elprisområde. Exklusive moms, energiskatt, elcertifikat och nätavgift.

Source: Nord Pool — Day-ahead priser (historik) (accessed 2026-07-27) · Svenska kraftnät — Statistik (accessed 2026-07-27)

Tabell — årsmedel spotpris

2015

SE1
20.7
SE2
20.7
SE3
21.5
SE4
24.5

2016

SE1
26.1
SE2
26.1
SE3
27.7
SE4
29.3

2017

SE1
28.9
SE2
28.9
SE3
30.5
SE4
32.4

2018

SE1
42.5
SE2
42.5
SE3
46.5
SE4
49.5

2019

SE1
38.1
SE2
38.1
SE3
40.7
SE4
42.5

2020

SE1
15.1
SE2
15.1
SE3
22.0
SE4
26.1

2021

SE1
43.6
SE2
43.6
SE3
66.9
SE4
82.2

2022

SE1
40.4
SE2
40.4
SE3
135.7
SE4
165.0

2023

SE1
38.7
SE2
38.7
SE3
58.5
SE4
76.7

2024

SE1
22.4
SE2
22.4
SE3
43.2
SE4
58.9

2025

SE1
26.1
SE2
26.1
SE3
55.4
SE4
71.8

2026

SE1
55.4
SE2
55.8
SE3
81.0
SE4
96.0

Öre per kWh. Exkl. energiskatt, moms, elcertifikat och nätavgift.

Primary sources

The question this page answers

How is the Swedish electricity price set — and why does it differ so sharply between north and south?

At a glance

Key figures — the most important numbers on this page

SE4 annual spot 2022

169 öre/kWh

Peak year during the European energy crisis — about 6.5× the 2020 level.

SE4 annual spot 2025

72 öre/kWh

Sharp fall from 2022 but still ~3× SE1 (26 öre).

SE1 · SE2 · SE3 · SE4

4 bidding zones

Since 1 November 2011 — split by Svenska kraftnät following an EU Commission decision.

SE4/SE1 gap 2025

≈ 2.5×

Southern Sweden pays ~2.5× northern Sweden — mainly due to transmission constraints.

Spot share of end-user bill

≈ 30 %

The rest is grid fee, energy tax (43.9 öre/kWh 2025), VAT and retailer margin.

Nuclear share in the mix 2024

≈ 45 %

Hydro ~40 %, wind ~20 %, CHP/other ~5 % (Energy Agency).

Nuclear reactors in operation

6 reactors

Forsmark 1–3 (SE3), Ringhals 3–4 (SE3), Oskarshamn 3 (SE3). Barsebäck (SE4) shut 1999/2005.

Energy tax 2025

43.9 öre/kWh

Excise excl. VAT. Reduced rate for energy-intensive industry and northern Sweden.

What does the data show?

Objective observations — not interpretations

  • Since 2011 Sweden has been divided into four bidding zones. SE1 (north) and SE2 (northern middle) have a power surplus — mostly hydro and wind. SE3 (southern middle, including Stockholm) and SE4 (southern) have a deficit at high demand and import from the north and from the continent.
  • The spot price is the price set at Nord Pool's Day-ahead auction — an hourly price fixed the evening before delivery. The end-user price is spot + retailer margin + energy tax + VAT + grid fee (paid to the grid owner, not the retailer). A household in SE4 on a variable contract pays roughly 3× more per kWh than the raw spot suggests.
  • The north/south gap is mainly driven by limited transmission capacity from north to south (the so-called cuts 1, 2 and 4). Svenska kraftnät is building new lines (including the Nordsyd 400 kV corridor) but projects take 10–15 years. In the short run the gap is structural.
  • The 2022 price peak was driven by several factors at once: Russian gas cuts to Europe, drought in southern Europe (low hydro), low levels in Norwegian reservoirs, and several Swedish reactors being offline. Sweden is priced together with the rest of northern Europe via Nord Pool.
  • Norway, Finland, Denmark and Germany also saw sharp increases in 2022. Sweden is not alone — the Nordic/European price area is connected via interconnectors.

Method note
All prices on the page are annual averages of the Day-ahead spot price, in öre per kWh excluding VAT, energy tax, electricity certificates and grid fee. Source is Nord Pool via Svenska kraftnät (Mimer) and the Energy Markets Inspectorate. 2026 is preliminary — average January to June. Series before 2011 are not comparable because the zone split was introduced on 1 November 2011 — before that Sweden had a single system price. End-user prices (including tax and grid fee) are published separately by SCB (Electricity prices) and Ei (Elpriskollen). Comparisons across years should account for inflation — real prices are lower than nominal, especially before 2020. The energy mix builds on the Energy Agency's annual statistics Energy in Sweden.

Definitions

How the numbers are counted — and what they do not cover

Bidding zone
A geographic area with a single spot price. Sweden has four: SE1 (Luleå), SE2 (Sundsvall), SE3 (Stockholm), SE4 (Malmö). The split is set where there are structural bottlenecks in the grid.
Spot price
The hourly price on Nord Pool's Day-ahead auction. Set the evening before delivery when all buyers and sellers submit bids. The intersection of supply and demand becomes the clearing price for the hour.
System price
The Nordic reference price Nord Pool would have set with no transmission constraints between zones. Still used as a reference for financial contracts.
Power exchange
Nord Pool AS is the dominant Nordic exchange. EPEX Spot is the European one. Trade takes place both Day-ahead (day before) and Intraday (same day).
Transmission capacity
How much power (MW) can be moved between two bidding zones. Set by physical line capacity and operational security (the N-1 criterion). Svenska kraftnät calculates and publishes daily capacities.
Power deficit
The situation where electricity demand exceeds available production + import in a given hour. Svenska kraftnät regularly reports a risk of deficit in southern Sweden on cold winter days. Disturbance reserves are activated as a last resort.
Energy mix
The split of electricity production by source. Sweden 2024: hydro ~40 %, nuclear ~45 %, wind ~20 %, CHP and other ~5 %. Fossil-free share >98 %.
Baseload
Power that produces evenly over time and is dispatchable: nuclear, reservoir hydro, CHP. Different from weather-dependent sources (solar, wind).
Regulating power
Power that can be started quickly to balance the grid in real time. In Sweden mainly hydro. Traded separately from the spot market on Svenska kraftnät's balancing market.
Grid fee
Fee to the grid owner for transporting electricity from producer to end user. Consists of subscription fee, capacity fee and transmission fee. Regulated by the Energy Markets Inspectorate under a revenue cap.
Energy tax
Excise duty on electricity paid by the end user. 2025: 43.9 öre/kWh (excl. VAT). Reduced rate for energy-intensive industry and for households and services in designated northern municipalities.
Electricity certificate
Market-based support scheme for renewable electricity (2003–2035). The producer receives certificates per MWh; suppliers must buy certificates equal to a quota of their sales. Cost is passed on to end users. Closed to new plants after 2021.
End-user electricity price
The total price the customer pays per kWh: spot + retailer margin + VAT + energy tax + grid fee. A kWh that is 30 öre at spot ends up around 200 öre for the end user with VAT and grid fee.

Primary sources

Agencies and research institutions behind this page

5

agencies/institutions

4

reports & studies

3

primary datasets

Frequently asked questions

Short answers to what is most often discussed

Mainly because of transmission constraints. Production is concentrated in the north (hydro, wind) while demand is concentrated in the south. When lines run full, southern Sweden (SE3/SE4) must be priced separately and often with imports from Denmark, Germany and Poland — where gas and coal set the marginal price. The shutdown of Barsebäck (SE4) in 1999 and 2005 and Ringhals 1 and 2 (SE3) in 2019–2020 has widened the deficit in the south.

Logical next steps if you want to understand the background

Sources for this page

The data comes from official primary sources.

Corrections for this page

  • Arkivlänkar ersatta med direktlänkar

    web.archive.org-wrappade källlänkar på /vart-gar-pengarna (MigrationFokusRad), /energipriser och /integration-over-tid har bytts till raka URL:er till respektive myndighet, rapport eller databas.

  • Elpriser — årsmedel 2026 (preliminärt) tillagt

    Serien i /energipriser har utökats med 2026: SE1 55,4, SE2 55,8, SE3 81,0, SE4 96,0 öre/kWh. Värdena är månadsmedel jan–jun från Nord Pool Day-ahead och märkta som preliminära.

All corrections on Sverigefakta
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