Realized cost band ยท as of June 2026

Recurring power cost for a standard 100 MW load: 34 markets, ranked

Every band on this page is priced for one declared case: a 100 MW maximum contracted demand at a 95% annual load factor (about 832.2 GWh in a normal 8760-hour year), at a 0.95 lagging power factor, taking high-voltage service at a disclosed point of delivery and service voltage, where the nominated firm load remains serviceable following loss of one supply element (line or transformer) at the supplying substation, restored by automatic or manual transfer within 30 minutes; recurring energy, capacity, demand, transmission, distribution, loss, ancillary, reactive-power, tax, levy, carbon and commercial-supply charges, with customer-funded connection capital reported separately. Change the archetype and the number changes, so these are comparable with each other rather than a quote for your project. The figure covers recurring energy, network, delivery, taxes and levies per MWh. It excludes customer-funded connection capital, which is a separate one-off cost and is not netted in anywhere. Cheapest first. Each band is labelled by how it was built: administered, triangulated, or modelled. The ten cheapest are open; each market's own band is always free on its rating page. The full ranking with precise midpoints, and its history, are the Analyst Desk.Your Analyst Desk access shows all 34 markets, ranked cheapest first, with precise midpoints and confidence.

Cheapest market we compile on this archetype: ๐Ÿ‡ธ๐Ÿ‡ช Sweden North (Lulea, SE1/SE2), band $35 to $65/MWh recurring.
โ— Administeredโ— Triangulatedโ— Modelled
This is the compiled cost evidence behind the ratings, not a separate product. 34 of the 84 markets and sub-regions carry a compiled delivered-cost band so far; every other market still shows its own cost read on its rating page. Reach it any time from Resources, or from the cost section of any market.
Selling or building power instead of buying it? See the same markets ranked by hunger for new supply on the Offtake Grade โ†’
The cheapest markets, low to high band
Recurring delivered cost for the standard 100 MW case, US dollars per MWh. The dot is the midpoint, the bar the low-to-high range; colour is how the band was built. The full ranked chart across all 34 markets is the Analyst Desk.
$25$50$75$100Sweden North (Lulea, SE1/SE2): $35 to 65 (mid $48), modelled๐Ÿ‡ธ๐Ÿ‡ช Sweden NorthSaudi Arabia: $50 to 58 (mid $53), administered๐Ÿ‡ธ๐Ÿ‡ฆ Saudi ArabiaSPP (Southwest Power Pool): $42 to 68 (mid $54), triangulated๐Ÿ‡บ๐Ÿ‡ธ SPPERCOT West (West Texas & Panhandle): $42 to 80 (mid $55), triangulated๐Ÿ‡บ๐Ÿ‡ธ ERCOT WestNorway: $40 to 75 (mid $55), modelled๐Ÿ‡ณ๐Ÿ‡ด NorwayFinland: $42 to 78 (mid $58), triangulated๐Ÿ‡ซ๐Ÿ‡ฎ FinlandMISO (Midwest): $48 to 78 (mid $60), triangulated๐Ÿ‡บ๐Ÿ‡ธ MISOUnited Arab Emirates: $50 to 85 (mid $65), modelled๐Ÿ‡ฆ๐Ÿ‡ช United Arab EmiratesERCOT Central (Houston & DFW): $55 to 95 (mid $72), triangulated๐Ÿ‡บ๐Ÿ‡ธ ERCOT CentralIndonesia: $62 to 90 (mid $72), administered๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia
MarketRegionRecurring midpoint ($/MWh)How builtLines evidenced
๐Ÿ‡ธ๐Ÿ‡ช Sweden North (Lulea, SE1/SE2)Europe$48 /MWhmodelled0%
๐Ÿ‡ธ๐Ÿ‡ฆ Saudi ArabiaMiddle East$53 /MWhadministeredno breakdown
๐Ÿ‡บ๐Ÿ‡ธ SPP (Southwest Power Pool)United States$54 /MWhtriangulated0%
๐Ÿ‡บ๐Ÿ‡ธ ERCOT West (West Texas & Panhandle)United States$55 /MWhtriangulated0%
๐Ÿ‡ณ๐Ÿ‡ด NorwayEurope$55 /MWhmodelled0%
๐Ÿ‡ซ๐Ÿ‡ฎ FinlandEurope$58 /MWhtriangulated0%
๐Ÿ‡บ๐Ÿ‡ธ MISO (Midwest)United States$60 /MWhtriangulated0%
๐Ÿ‡ฆ๐Ÿ‡ช United Arab EmiratesMiddle East$65 /MWhmodelledno breakdown
๐Ÿ‡บ๐Ÿ‡ธ ERCOT Central (Houston & DFW)United States$72 /MWhtriangulated0%
๐Ÿ‡ฎ๐Ÿ‡ฉ IndonesiaAsia$72 /MWhadministeredno breakdown
๐Ÿ‡จ๐Ÿ‡ฆ OntarioCanada$••• /MWhtriangulated0%
๐Ÿ‡จ๐Ÿ‡ฆ AlbertaCanada$••• /MWhtriangulated0%
๐Ÿ‡บ๐Ÿ‡ธ Northern Virginia (PJM)United States$••• /MWhadministered100%
๐Ÿ‡จ๐Ÿ‡ฆ QuebecCanada$••• /MWhtriangulatedno breakdown
๐Ÿ‡ธ๐Ÿ‡ช Sweden South (Malmo, SE4)Europe$••• /MWhmodelled0%
๐Ÿ‡บ๐Ÿ‡ธ NYISO (New York)United States$••• /MWhtriangulated0%
๐Ÿ‡ช๐Ÿ‡ธ SpainEurope$••• /MWhtriangulated0%
๐Ÿ‡ฎ๐Ÿ‡ณ IndiaAsia$••• /MWhmodelled0%
๐Ÿ‡ฒ๐Ÿ‡พ MalaysiaAsia$••• /MWhtriangulated0%
๐Ÿ‡ซ๐Ÿ‡ท FranceEurope$••• /MWhtriangulated0%
๐Ÿ‡น๐Ÿ‡ญ ThailandAsia$••• /MWhadministeredno breakdown
๐Ÿ‡ฟ๐Ÿ‡ฆ South AfricaAfrica$••• /MWhadministeredno breakdown
๐Ÿ‡ฉ๐Ÿ‡ช Germany North (Hamburg)Europe$••• /MWhtriangulated0%
๐Ÿ‡บ๐Ÿ‡ธ CAISO (California)United States$••• /MWhtriangulatedno breakdown
๐Ÿ‡ณ๐Ÿ‡ฑ NetherlandsEurope$••• /MWhtriangulated0%
๐Ÿ‡ฉ๐Ÿ‡ช Germany South (Frankfurt/Munich)Europe$••• /MWhtriangulated0%
๐Ÿ‡ฐ๐Ÿ‡ท South KoreaAsia$••• /MWhadministeredno breakdown
๐Ÿ‡น๐Ÿ‡ผ TaiwanAsia$••• /MWhadministeredno breakdown
๐Ÿ‡ฌ๐Ÿ‡ง Great BritainEurope$••• /MWhtriangulated0%
๐Ÿ‡ฏ๐Ÿ‡ต Japan West (Osaka, 60Hz)Asia$••• /MWhmodelled0%
๐Ÿ‡ฎ๐Ÿ‡ช Ireland (Dublin)Europe$••• /MWhmodelled0%verified layer
๐Ÿ‡ฏ๐Ÿ‡ต Japan East (Tokyo, 50Hz)Asia$••• /MWhmodelled0%
๐Ÿ‡ต๐Ÿ‡ญ PhilippinesAsia$••• /MWhtriangulated0%
๐Ÿ‡ญ๐Ÿ‡ฐ Hong KongAsia$••• /MWhadministeredno breakdown
๐Ÿ”’ 24 more markets ranked, values locked

You are seeing the ten cheapest of 34 markets. Unlock the full ranking with precise midpoints, the low-to-high bands, quarter-over-quarter movement, and a CSV export.

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Each market's own band stays free on its rating page. Enterprises can license the full feed via the design-partner brief.

Reading the evidence column. A midpoint and a breakdown that adds up to it are not the same as evidence. Where the share is 0%, the band is the compiled result and the component lines apportion its midpoint — they sum exactly because they were built to, which proves nothing about the split. Where it is 100%, every line stands on its own cited, dated source. The column is deliberately on the same page as the ranking, because that is where someone decides how much to trust a comparison. How a line earns its provenance →
All figures are in US dollars per megawatt-hour, delivered to a large high-load-factor load, excluding refundable taxes. Bands are triangulated from public sources: wholesale energy prices, capacity-auction clearing prices, published network charges, and regulator filings. Administered markets have no wholesale market, so the published tariff is the delivered cost and the band is tight.