Daily electricity price rankings

Daily country electricity price ranking for 2026-01-16, based on published wholesale reference prices in EUR/MWh.

published actuals 31 countries 48 price series Wholesale only Latest source update: May 31, 18:23 GMT+2
Lowest wholesale avg 馃嚝馃嚠 Finland 46.3 EUR/MWh
Highest wholesale avg 馃嚟馃嚭 Hungary 153.4 EUR/MWh
Largest wholesale spread 馃嚛馃嚜 Germany / Lux. 144.4 EUR/MWh

On Friday, January 16, 2026, Finland ranked cheapest by average wholesale reference price among 31 current wholesale country groups, while Hungary ranked highest by the same average wholesale reference measure. The largest wholesale spread was in Germany / Luxembourg: 144.4 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 Friday, January 16, 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
馃嚝馃嚠 Finland
46.3 18.421:00 79.105:00 60.6 21:00-00:00 22.8 EUR/MWh Low 18.4 路 High 79.1 Lowest at 21:00 Highest at 05:00 Low 18.4 路 High 79.1
2
馃嚙馃嚪 Brazil
4 price areas
50.9 46.410:00 58.000:00 11.7 10:00-13:00 48.1 EUR/MWh Low 46.4 路 High 58.0 Lowest at 10:00 Highest at 00:00 Low 46.4 路 High 58.0
3
馃嚫馃嚜 Sweden
4 price areas
55.5 31.002:00 86.504:00 55.5 02:00-05:00 43.2 EUR/MWh Low 31.0 路 High 86.5 Lowest at 02:00 Highest at 04:00 Low 31.0 路 High 86.5
4
馃嚦馃嚧 Norway
5 price areas
76.0 59.602:00 90.804:00 31.3 02:00-05:00 65.9 EUR/MWh Low 59.6 路 High 90.8 Lowest at 02:00 Highest at 04:00 Low 59.6 路 High 90.8
5
馃嚛馃嚢 Denmark
2 price areas
98.4 50.903:00 193.104:00 142.2 03:00-06:00 59.1 EUR/MWh Low 50.9 路 High 193.1 Lowest at 03:00 Highest at 04:00 Low 50.9 路 High 193.1
6
馃嚦馃嚤 Netherlands
107.6 66.802:00 200.104:00 133.3 02:00-05:00 69.5 EUR/MWh Low 66.8 路 High 200.1 Lowest at 02:00 Highest at 04:00 Low 66.8 路 High 200.1
7
馃嚤馃嚭 Luxembourg
109.7 67.202:00 170.304:00 103.1 02:00-05:00 69.7 EUR/MWh Low 67.2 路 High 170.3 Lowest at 02:00 Highest at 04:00 Low 67.2 路 High 170.3
8
馃嚛馃嚜 Germany / Lux.
110.0 58.902:00 203.304:00 144.4 02:00-05:00 64.2 EUR/MWh Low 58.9 路 High 203.3 Lowest at 02:00 Highest at 04:00 Low 58.9 路 High 203.3
9
馃嚝馃嚪 France
112.8 71.302:00 163.204:00 91.9 02:00-05:00 74.9 EUR/MWh Low 71.3 路 High 163.2 Lowest at 02:00 Highest at 04:00 Low 71.3 路 High 163.2
10
馃嚙馃嚜 Belgium
114.7 68.201:00 162.704:00 94.6 01:00-04:00 71.8 EUR/MWh Low 68.2 路 High 162.7 Lowest at 01:00 Highest at 04:00 Low 68.2 路 High 162.7
11
馃嚞馃嚙 Great Britain wholesale
116.8 97.511:00 155.503:00 58.0 11:00-14:00 100.5 EUR/MWh Low 97.5 路 High 155.5 Lowest at 11:00 Highest at 03:00 Low 97.5 路 High 155.5
12
馃嚜馃嚫 Spain
119.3 94.301:00 163.204:00 68.9 01:00-04:00 95.8 EUR/MWh Low 94.3 路 High 163.2 Lowest at 01:00 Highest at 04:00 Low 94.3 路 High 163.2
13
馃嚨馃嚬 Portugal
121.3 94.301:00 163.203:00 68.9 01:00-04:00 94.8 EUR/MWh Low 94.3 路 High 163.2 Lowest at 01:00 Highest at 03:00 Low 94.3 路 High 163.2
14
馃嚞馃嚪 Greece
127.4 75.011:00 207.305:00 132.3 11:00-14:00 77.4 EUR/MWh Low 75.0 路 High 207.3 Lowest at 11:00 Highest at 05:00 Low 75.0 路 High 207.3
15
馃嚜馃嚜 Estonia
128.5 88.121:00 211.405:00 123.3 21:00-00:00 91.8 EUR/MWh Low 88.1 路 High 211.4 Lowest at 21:00 Highest at 05:00 Low 88.1 路 High 211.4
16
馃嚤馃嚬 Lithuania
128.5 88.121:00 211.405:00 123.3 21:00-00:00 91.8 EUR/MWh Low 88.1 路 High 211.4 Lowest at 21:00 Highest at 05:00 Low 88.1 路 High 211.4
17
馃嚤馃嚮 Latvia
128.5 88.121:00 211.405:00 123.3 21:00-00:00 91.8 EUR/MWh Low 88.1 路 High 211.4 Lowest at 21:00 Highest at 05:00 Low 88.1 路 High 211.4
18
馃嚪馃嚫 Serbia
136.1 73.512:00 210.004:00 136.5 12:00-15:00 80.2 EUR/MWh Low 73.5 路 High 210.0 Lowest at 12:00 Highest at 04:00 Low 73.5 路 High 210.0
19
馃嚠馃嚬 Italy
7 price areas
139.1 117.602:00 192.404:00 74.8 02:00-05:00 119.8 EUR/MWh Low 117.6 路 High 192.4 Lowest at 02:00 Highest at 04:00 Low 117.6 路 High 192.4
20
馃嚚馃嚟 Switzerland
140.5 120.401:00 170.804:00 50.4 01:00-04:00 121.4 EUR/MWh Low 120.4 路 High 170.8 Lowest at 01:00 Highest at 04:00 Low 120.4 路 High 170.8
21
馃嚥馃嚜 Montenegro
143.0 96.101:00 200.004:00 103.9 01:00-04:00 102.4 EUR/MWh Low 96.1 路 High 200.0 Lowest at 01:00 Highest at 04:00 Low 96.1 路 High 200.0
22
馃嚥馃嚢 North Macedonia
143.6 96.611:00 225.104:00 128.5 11:00-14:00 108.9 EUR/MWh Low 96.6 路 High 225.1 Lowest at 11:00 Highest at 04:00 Low 96.6 路 High 225.1
23
馃嚚馃嚳 Czechia
145.8 91.900:00 221.004:00 129.1 00:00-03:00 104.0 EUR/MWh Low 91.9 路 High 221.0 Lowest at 00:00 Highest at 04:00 Low 91.9 路 High 221.0
24
馃嚠馃嚜 Ireland
146.9 97.103:00 229.503:00 132.4 03:00-06:00 98.0 EUR/MWh Low 97.1 路 High 229.5 Lowest at 03:00 Highest at 03:00 Low 97.1 路 High 229.5
25
馃嚫馃嚢 Slovakia
147.4 95.701:00 209.204:00 113.5 01:00-04:00 111.2 EUR/MWh Low 95.7 路 High 209.2 Lowest at 01:00 Highest at 04:00 Low 95.7 路 High 209.2
26
馃嚫馃嚠 Slovenia
150.4 95.902:00 203.404:00 107.6 02:00-05:00 119.8 EUR/MWh Low 95.9 路 High 203.4 Lowest at 02:00 Highest at 04:00 Low 95.9 路 High 203.4
27
馃嚟馃嚪 Croatia
150.6 95.802:00 204.404:00 108.5 02:00-05:00 117.8 EUR/MWh Low 95.8 路 High 204.4 Lowest at 02:00 Highest at 04:00 Low 95.8 路 High 204.4
28
馃嚘馃嚬 Austria
153.2 96.402:00 206.604:00 110.2 02:00-05:00 120.4 EUR/MWh Low 96.4 路 High 206.6 Lowest at 02:00 Highest at 04:00 Low 96.4 路 High 206.6
29
馃嚙馃嚞 Bulgaria
153.2 110.203:00 208.005:00 97.9 03:00-06:00 116.4 EUR/MWh Low 110.2 路 High 208.0 Lowest at 03:00 Highest at 05:00 Low 110.2 路 High 208.0
30
馃嚪馃嚧 Romania
153.2 110.203:00 208.005:00 97.9 03:00-06:00 116.4 EUR/MWh Low 110.2 路 High 208.0 Lowest at 03:00 Highest at 05:00 Low 110.2 路 High 208.0
31
馃嚟馃嚭 Hungary
153.4 95.802:00 213.304:00 117.5 02:00-05:00 117.1 EUR/MWh Low 95.8 路 High 213.3 Lowest at 02:00 Highest at 04:00 Low 95.8 路 High 213.3

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
ENTSO-E Transparency Platform, CCEE Open Data, SMARD Bundesnetzagentur, Elexon BMRS Open Data
Methodology