Daily electricity price rankings

Daily country electricity price ranking for 2026-01-18, 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 馃嚙馃嚪 Brazil 44.6 EUR/MWh
Highest wholesale avg 馃嚠馃嚬 Italy 130.2 EUR/MWh
Largest wholesale spread 馃嚜馃嚜 Estonia 133.5 EUR/MWh

On Sunday, January 18, 2026, Brazil ranked cheapest by average wholesale reference price among 31 current wholesale country groups, while Italy ranked highest by the same average wholesale reference measure. The largest wholesale spread was in Estonia: 133.5 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 18, 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
44.6 9.809:00 56.300:00 46.5 09:00-12:00 9.8 EUR/MWh Low 9.8 路 High 56.3 Lowest at 09:00 Highest at 00:00 Low 9.8 路 High 56.3
2
馃嚝馃嚠 Finland
89.8 47.800:00 138.005:00 90.2 00:00-03:00 54.8 EUR/MWh Low 47.8 路 High 138.0 Lowest at 00:00 Highest at 05:00 Low 47.8 路 High 138.0
3
馃嚫馃嚜 Sweden
4 price areas
94.7 58.400:00 138.204:00 79.8 00:00-03:00 71.4 EUR/MWh Low 58.4 路 High 138.2 Lowest at 00:00 Highest at 04:00 Low 58.4 路 High 138.2
4
馃嚦馃嚧 Norway
5 price areas
96.4 77.801:00 141.304:00 63.5 01:00-04:00 80.7 EUR/MWh Low 77.8 路 High 141.3 Lowest at 01:00 Highest at 04:00 Low 77.8 路 High 141.3
5
馃嚞馃嚪 Greece
96.7 76.310:00 161.305:00 85.0 10:00-13:00 81.0 EUR/MWh Low 76.3 路 High 161.3 Lowest at 10:00 Highest at 05:00 Low 76.3 路 High 161.3
6
馃嚥馃嚜 Montenegro
104.8 80.102:00 130.004:00 49.9 02:00-05:00 82.0 EUR/MWh Low 80.1 路 High 130.0 Lowest at 02:00 Highest at 04:00 Low 80.1 路 High 130.0
7
馃嚛馃嚜 Germany / Lux.
106.1 84.602:00 146.204:00 61.6 02:00-05:00 95.0 EUR/MWh Low 84.6 路 High 146.2 Lowest at 02:00 Highest at 04:00 Low 84.6 路 High 146.2
8
馃嚛馃嚢 Denmark
2 price areas
108.1 96.111:00 146.204:00 50.1 11:00-14:00 97.4 EUR/MWh Low 96.1 路 High 146.2 Lowest at 11:00 Highest at 04:00 Low 96.1 路 High 146.2
9
馃嚦馃嚤 Netherlands
108.1 96.111:00 146.204:00 50.1 11:00-14:00 97.4 EUR/MWh Low 96.1 路 High 146.2 Lowest at 11:00 Highest at 04:00 Low 96.1 路 High 146.2
10
馃嚤馃嚭 Luxembourg
109.4 96.911:00 142.204:00 45.3 11:00-14:00 97.4 EUR/MWh Low 96.9 路 High 142.2 Lowest at 11:00 Highest at 04:00 Low 96.9 路 High 142.2
11
馃嚜馃嚜 Estonia
110.0 66.505:00 199.905:00 133.5 05:00-08:00 82.4 EUR/MWh Low 66.5 路 High 199.9 Lowest at 05:00 Highest at 05:00 Low 66.5 路 High 199.9
12
馃嚤馃嚬 Lithuania
110.0 66.505:00 199.905:00 133.5 05:00-08:00 82.4 EUR/MWh Low 66.5 路 High 199.9 Lowest at 05:00 Highest at 05:00 Low 66.5 路 High 199.9
13
馃嚤馃嚮 Latvia
110.0 66.505:00 199.905:00 133.5 05:00-08:00 82.4 EUR/MWh Low 66.5 路 High 199.9 Lowest at 05:00 Highest at 05:00 Low 66.5 路 High 199.9
14
馃嚚馃嚳 Czechia
110.1 96.111:00 145.304:00 49.2 11:00-14:00 97.6 EUR/MWh Low 96.1 路 High 145.3 Lowest at 11:00 Highest at 04:00 Low 96.1 路 High 145.3
15
馃嚫馃嚢 Slovakia
110.5 93.811:00 143.804:00 50.0 11:00-14:00 98.2 EUR/MWh Low 93.8 路 High 143.8 Lowest at 11:00 Highest at 04:00 Low 93.8 路 High 143.8
16
馃嚝馃嚪 France
110.5 96.111:00 147.604:00 51.5 11:00-14:00 97.6 EUR/MWh Low 96.1 路 High 147.6 Lowest at 11:00 Highest at 04:00 Low 96.1 路 High 147.6
17
馃嚙馃嚜 Belgium
111.4 96.111:00 153.504:00 57.3 11:00-14:00 97.5 EUR/MWh Low 96.1 路 High 153.5 Lowest at 11:00 Highest at 04:00 Low 96.1 路 High 153.5
18
馃嚪馃嚫 Serbia
112.3 95.011:00 145.004:00 50.0 11:00-14:00 97.4 EUR/MWh Low 95.0 路 High 145.0 Lowest at 11:00 Highest at 04:00 Low 95.0 路 High 145.0
19
馃嚫馃嚠 Slovenia
114.4 96.111:00 148.504:00 52.4 11:00-14:00 98.6 EUR/MWh Low 96.1 路 High 148.5 Lowest at 11:00 Highest at 04:00 Low 96.1 路 High 148.5
20
馃嚘馃嚬 Austria
114.7 96.111:00 152.504:00 56.4 11:00-14:00 99.2 EUR/MWh Low 96.1 路 High 152.5 Lowest at 11:00 Highest at 04:00 Low 96.1 路 High 152.5
21
馃嚟馃嚪 Croatia
115.7 96.111:00 157.104:00 60.9 11:00-14:00 98.5 EUR/MWh Low 96.1 路 High 157.1 Lowest at 11:00 Highest at 04:00 Low 96.1 路 High 157.1
22
馃嚥馃嚢 North Macedonia
115.9 96.005:00 156.004:00 60.0 05:00-08:00 99.4 EUR/MWh Low 96.0 路 High 156.0 Lowest at 05:00 Highest at 04:00 Low 96.0 路 High 156.0
23
馃嚨馃嚬 Portugal
116.7 96.110:00 180.503:00 84.4 10:00-13:00 97.6 EUR/MWh Low 96.1 路 High 180.5 Lowest at 10:00 Highest at 03:00 Low 96.1 路 High 180.5
24
馃嚙馃嚞 Bulgaria
117.6 96.112:00 192.705:00 96.6 12:00-15:00 98.4 EUR/MWh Low 96.1 路 High 192.7 Lowest at 12:00 Highest at 05:00 Low 96.1 路 High 192.7
25
馃嚪馃嚧 Romania
117.6 96.112:00 192.705:00 96.6 12:00-15:00 98.4 EUR/MWh Low 96.1 路 High 192.7 Lowest at 12:00 Highest at 05:00 Low 96.1 路 High 192.7
26
馃嚜馃嚫 Spain
118.4 96.111:00 184.904:00 88.8 11:00-14:00 97.6 EUR/MWh Low 96.1 路 High 184.9 Lowest at 11:00 Highest at 04:00 Low 96.1 路 High 184.9
27
馃嚟馃嚭 Hungary
118.6 96.111:00 200.604:00 104.5 11:00-14:00 98.4 EUR/MWh Low 96.1 路 High 200.6 Lowest at 11:00 Highest at 04:00 Low 96.1 路 High 200.6
28
馃嚞馃嚙 Great Britain wholesale
119.6 97.611:00 145.803:00 48.2 11:00-14:00 106.8 EUR/MWh Low 97.6 路 High 145.8 Lowest at 11:00 Highest at 03:00 Low 97.6 路 High 145.8
29
馃嚠馃嚜 Ireland
123.6 104.121:00 159.903:00 55.7 21:00-00:00 107.0 EUR/MWh Low 104.1 路 High 159.9 Lowest at 21:00 Highest at 03:00 Low 104.1 路 High 159.9
30
馃嚚馃嚟 Switzerland
125.2 115.103:00 142.204:00 27.1 03:00-06:00 116.2 EUR/MWh Low 115.1 路 High 142.2 Lowest at 03:00 Highest at 04:00 Low 115.1 路 High 142.2
31
馃嚠馃嚬 Italy
7 price areas
130.2 116.001:00 148.504:00 32.5 01:00-04:00 120.1 EUR/MWh Low 116.0 路 High 148.5 Lowest at 01:00 Highest at 04:00 Low 116.0 路 High 148.5

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