Daily electricity price rankings

Daily country electricity price ranking for 2026-01-04, based on published wholesale reference prices in EUR/MWh.

published actuals 32 countries 49 price series Wholesale only Latest source update: May 31, 18:23 GMT+2
Lowest wholesale avg 馃嚙馃嚪 Brazil 21.9 EUR/MWh
Highest wholesale avg 馃嚠馃嚜 Ireland 128.4 EUR/MWh
Largest wholesale spread 馃嚪馃嚫 Serbia 119.3 EUR/MWh

On Sunday, January 4, 2026, Brazil ranked cheapest by average wholesale reference price among 32 current wholesale country groups, while Ireland ranked highest by the same average wholesale reference measure. The largest wholesale spread was in Serbia: 119.3 EUR/MWh.

Price-area average ranking

Ranked by average wholesale price; multi-area countries use a simple price-area average.

Daily wholesale reference electricity price country ranking for Sunday, January 4, 2026. Values are normalized to EUR/MWh, exclude supplier tariffs and use a simple price-area average for countries with multiple areas.
Rank Country Avg EUR/MWh Low EUR/MWh High EUR/MWh Spread EUR/MWh Cheapest 3h Mobile summary
1
馃嚙馃嚪 Brazil
4 price areas
21.9 9.808:00 28.700:00 18.9 08:00-11:00 9.8 EUR/MWh Low 9.8 路 High 28.7 Lowest at 08:00 Highest at 00:00 Low 9.8 路 High 28.7
2
馃嚨馃嚬 Portugal
68.0 50.003:00 100.303:00 50.3 03:00-06:00 52.8 EUR/MWh Low 50.0 路 High 100.3 Lowest at 03:00 Highest at 03:00 Low 50.0 路 High 100.3
3
馃嚜馃嚫 Spain
69.8 50.004:00 100.304:00 50.3 04:00-07:00 54.8 EUR/MWh Low 50.0 路 High 100.3 Lowest at 04:00 Highest at 04:00 Low 50.0 路 High 100.3
4
馃嚪馃嚫 Serbia
85.5 0.019:00 119.304:00 119.3 19:00-22:00 71.4 EUR/MWh Low 0.0 路 High 119.3 Lowest at 19:00 Highest at 04:00 Low 0.0 路 High 119.3
5
馃嚥馃嚜 Montenegro
91.6 73.004:00 111.704:00 38.6 04:00-07:00 74.6 EUR/MWh Low 73.0 路 High 111.7 Lowest at 04:00 Highest at 04:00 Low 73.0 路 High 111.7
6
馃嚞馃嚪 Greece
92.5 60.004:00 123.305:00 63.3 04:00-07:00 83.3 EUR/MWh Low 60.0 路 High 123.3 Lowest at 04:00 Highest at 05:00 Low 60.0 路 High 123.3
7
馃嚦馃嚧 Norway
5 price areas
93.0 80.003:00 123.504:00 43.5 03:00-06:00 80.7 EUR/MWh Low 80.0 路 High 123.5 Lowest at 03:00 Highest at 04:00 Low 80.0 路 High 123.5
8
馃嚫馃嚜 Sweden
4 price areas
93.1 80.003:00 123.504:00 43.5 03:00-06:00 80.7 EUR/MWh Low 80.0 路 High 123.5 Lowest at 03:00 Highest at 04:00 Low 80.0 路 High 123.5
9
馃嚛馃嚢 Denmark
2 price areas
94.1 81.104:00 123.504:00 42.4 04:00-07:00 82.0 EUR/MWh Low 81.1 路 High 123.5 Lowest at 04:00 Highest at 04:00 Low 81.1 路 High 123.5
10
馃嚝馃嚪 France
94.2 80.003:00 123.504:00 43.5 03:00-06:00 83.2 EUR/MWh Low 80.0 路 High 123.5 Lowest at 03:00 Highest at 04:00 Low 80.0 路 High 123.5
11
馃嚦馃嚤 Netherlands
94.3 82.203:00 123.504:00 41.3 03:00-06:00 83.2 EUR/MWh Low 82.2 路 High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 路 High 123.5
12
馃嚙馃嚜 Belgium
94.4 82.203:00 123.504:00 41.3 03:00-06:00 83.2 EUR/MWh Low 82.2 路 High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 路 High 123.5
13
馃嚤馃嚭 Luxembourg
94.4 82.603:00 121.204:00 38.6 03:00-06:00 83.2 EUR/MWh Low 82.6 路 High 121.2 Lowest at 03:00 Highest at 04:00 Low 82.6 路 High 121.2
14
馃嚛馃嚜 Germany / Lux.
94.5 72.603:00 127.804:00 55.2 03:00-06:00 76.8 EUR/MWh Low 72.6 路 High 127.8 Lowest at 03:00 Highest at 04:00 Low 72.6 路 High 127.8
15
馃嚙馃嚞 Bulgaria
94.7 77.404:00 123.505:00 46.1 04:00-07:00 83.3 EUR/MWh Low 77.4 路 High 123.5 Lowest at 04:00 Highest at 05:00 Low 77.4 路 High 123.5
16
馃嚚馃嚳 Czechia
95.1 82.203:00 123.504:00 41.3 03:00-06:00 83.3 EUR/MWh Low 82.2 路 High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 路 High 123.5
17
馃嚪馃嚧 Romania
95.3 81.304:00 123.505:00 42.2 04:00-07:00 83.3 EUR/MWh Low 81.3 路 High 123.5 Lowest at 04:00 Highest at 05:00 Low 81.3 路 High 123.5
18
馃嚫馃嚢 Slovakia
95.3 82.203:00 123.504:00 41.3 03:00-06:00 83.3 EUR/MWh Low 82.2 路 High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 路 High 123.5
19
馃嚥馃嚢 North Macedonia
95.3 80.202:00 118.304:00 38.1 02:00-05:00 82.0 EUR/MWh Low 80.2 路 High 118.3 Lowest at 02:00 Highest at 04:00 Low 80.2 路 High 118.3
20
馃嚟馃嚭 Hungary
95.4 82.203:00 123.504:00 41.3 03:00-06:00 83.3 EUR/MWh Low 82.2 路 High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 路 High 123.5
21
馃嚟馃嚪 Croatia
95.4 82.203:00 123.504:00 41.3 03:00-06:00 83.3 EUR/MWh Low 82.2 路 High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 路 High 123.5
22
馃嚫馃嚠 Slovenia
95.5 82.203:00 123.504:00 41.3 03:00-06:00 83.3 EUR/MWh Low 82.2 路 High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 路 High 123.5
23
馃嚘馃嚬 Austria
95.8 82.203:00 123.504:00 41.3 03:00-06:00 83.3 EUR/MWh Low 82.2 路 High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 路 High 123.5
24
馃嚝馃嚠 Finland
96.1 74.704:00 136.705:00 61.9 04:00-07:00 80.7 EUR/MWh Low 74.7 路 High 136.7 Lowest at 04:00 Highest at 05:00 Low 74.7 路 High 136.7
25
馃嚞馃嚙 Great Britain wholesale
103.0 84.803:00 131.703:00 47.0 03:00-06:00 92.2 EUR/MWh Low 84.8 路 High 131.7 Lowest at 03:00 Highest at 03:00 Low 84.8 路 High 131.7
26
馃嚜馃嚜 Estonia
104.5 75.804:00 190.005:00 114.2 04:00-07:00 80.7 EUR/MWh Low 75.8 路 High 190.0 Lowest at 04:00 Highest at 05:00 Low 75.8 路 High 190.0
27
馃嚤馃嚬 Lithuania
104.5 75.804:00 190.005:00 114.2 04:00-07:00 80.7 EUR/MWh Low 75.8 路 High 190.0 Lowest at 04:00 Highest at 05:00 Low 75.8 路 High 190.0
28
馃嚤馃嚮 Latvia
104.5 75.804:00 190.005:00 114.2 04:00-07:00 80.7 EUR/MWh Low 75.8 路 High 190.0 Lowest at 04:00 Highest at 05:00 Low 75.8 路 High 190.0
29
馃嚠馃嚬 Italy
7 price areas
107.5 85.301:00 125.004:00 39.7 01:00-04:00 93.0 EUR/MWh Low 85.3 路 High 125.0 Lowest at 01:00 Highest at 04:00 Low 85.3 路 High 125.0
30
馃嚚馃嚟 Switzerland
109.6 97.311:00 126.004:00 28.7 11:00-14:00 98.2 EUR/MWh Low 97.3 路 High 126.0 Lowest at 11:00 Highest at 04:00 Low 97.3 路 High 126.0
31
馃嚘馃嚤 Albania
110.3 74.003:00 140.004:00 66.0 03:00-06:00 75.0 EUR/MWh Low 74.0 路 High 140.0 Lowest at 03:00 Highest at 04:00 Low 74.0 路 High 140.0
32
馃嚠馃嚜 Ireland
128.4 89.904:00 198.303:00 108.5 04:00-07:00 93.2 EUR/MWh Low 89.9 路 High 198.3 Lowest at 04:00 Highest at 03:00 Low 89.9 路 High 198.3

Methodology and source caveats

Included
Current wholesale reference markets only. Multi-area countries use a simple price-area average, not a load-weighted national average.
Excluded
Supplier tariffs, consumer estimates, stale data and historical benchmarks.
Sources
CCEE Open Data, ENTSO-E Transparency Platform, SMARD Bundesnetzagentur, Elexon BMRS Open Data
Methodology