Daily electricity price rankings

Daily country electricity price ranking for 2026-01-20, 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 55.6 EUR/MWh
Highest wholesale avg 馃嚜馃嚜 Estonia 209.5 EUR/MWh
Largest wholesale spread 馃嚟馃嚭 Hungary 373.7 EUR/MWh

On Tuesday, January 20, 2026, Brazil ranked cheapest by average wholesale reference price among 32 current wholesale country groups, while Estonia ranked highest by the same average wholesale reference measure. The largest wholesale spread was in Hungary: 373.7 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 Tuesday, January 20, 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
55.6 50.711:00 68.500:00 17.8 11:00-14:00 51.4 EUR/MWh Low 50.7 路 High 68.5 Lowest at 11:00 Highest at 00:00 Low 50.7 路 High 68.5
2
馃嚘馃嚤 Albania
99.3 51.500:00 209.004:00 157.5 00:00-03:00 54.2 EUR/MWh Low 51.5 路 High 209.0 Lowest at 00:00 Highest at 04:00 Low 51.5 路 High 209.0
3
馃嚞馃嚙 Great Britain wholesale
100.4 85.504:00 127.103:00 41.7 04:00-07:00 89.5 EUR/MWh Low 85.5 路 High 127.1 Lowest at 04:00 Highest at 03:00 Low 85.5 路 High 127.1
4
馃嚨馃嚬 Portugal
100.8 76.602:00 132.003:00 55.4 02:00-05:00 85.9 EUR/MWh Low 76.6 路 High 132.0 Lowest at 02:00 Highest at 03:00 Low 76.6 路 High 132.0
5
馃嚝馃嚪 France
101.3 82.403:00 144.204:00 61.8 03:00-06:00 85.9 EUR/MWh Low 82.4 路 High 144.2 Lowest at 03:00 Highest at 04:00 Low 82.4 路 High 144.2
6
馃嚜馃嚫 Spain
101.6 82.403:00 132.004:00 49.6 03:00-06:00 85.9 EUR/MWh Low 82.4 路 High 132.0 Lowest at 03:00 Highest at 04:00 Low 82.4 路 High 132.0
7
馃嚪馃嚫 Serbia
101.6 34.011:00 180.104:00 146.1 11:00-14:00 43.7 EUR/MWh Low 34.0 路 High 180.1 Lowest at 11:00 Highest at 04:00 Low 34.0 路 High 180.1
8
馃嚠馃嚜 Ireland
108.2 89.612:00 137.003:00 47.4 12:00-15:00 95.5 EUR/MWh Low 89.6 路 High 137.0 Lowest at 12:00 Highest at 03:00 Low 89.6 路 High 137.0
9
馃嚞馃嚪 Greece
111.2 83.209:00 168.905:00 85.7 09:00-12:00 89.0 EUR/MWh Low 83.2 路 High 168.9 Lowest at 09:00 Highest at 05:00 Low 83.2 路 High 168.9
10
馃嚙馃嚜 Belgium
119.9 88.811:00 183.004:00 94.2 11:00-14:00 97.8 EUR/MWh Low 88.8 路 High 183.0 Lowest at 11:00 Highest at 04:00 Low 88.8 路 High 183.0
11
馃嚦馃嚤 Netherlands
122.8 75.101:00 250.004:00 174.9 01:00-04:00 91.4 EUR/MWh Low 75.1 路 High 250.0 Lowest at 01:00 Highest at 04:00 Low 75.1 路 High 250.0
12
馃嚥馃嚜 Montenegro
131.6 100.011:00 175.204:00 75.2 11:00-14:00 105.4 EUR/MWh Low 100.0 路 High 175.2 Lowest at 11:00 Highest at 04:00 Low 100.0 路 High 175.2
13
馃嚦馃嚧 Norway
5 price areas
138.0 94.502:00 284.804:00 190.2 02:00-05:00 97.7 EUR/MWh Low 94.5 路 High 284.8 Lowest at 02:00 Highest at 04:00 Low 94.5 路 High 284.8
14
馃嚠馃嚬 Italy
7 price areas
138.4 103.011:00 199.204:00 96.2 11:00-14:00 117.9 EUR/MWh Low 103.0 路 High 199.2 Lowest at 11:00 Highest at 04:00 Low 103.0 路 High 199.2
15
馃嚛馃嚜 Germany / Lux.
150.8 87.802:00 311.404:00 223.6 02:00-05:00 102.9 EUR/MWh Low 87.8 路 High 311.4 Lowest at 02:00 Highest at 04:00 Low 87.8 路 High 311.4
16
馃嚚馃嚳 Czechia
151.9 100.111:00 340.704:00 240.6 11:00-14:00 104.5 EUR/MWh Low 100.1 路 High 340.7 Lowest at 11:00 Highest at 04:00 Low 100.1 路 High 340.7
17
馃嚥馃嚢 North Macedonia
154.4 92.011:00 276.004:00 184.0 11:00-14:00 97.0 EUR/MWh Low 92.0 路 High 276.0 Lowest at 11:00 Highest at 04:00 Low 92.0 路 High 276.0
18
馃嚚馃嚟 Switzerland
156.0 108.002:00 252.704:00 144.7 02:00-05:00 108.6 EUR/MWh Low 108.0 路 High 252.7 Lowest at 02:00 Highest at 04:00 Low 108.0 路 High 252.7
19
馃嚤馃嚭 Luxembourg
156.2 103.611:00 276.704:00 173.1 11:00-14:00 105.8 EUR/MWh Low 103.6 路 High 276.7 Lowest at 11:00 Highest at 04:00 Low 103.6 路 High 276.7
20
馃嚘馃嚬 Austria
157.5 105.601:00 322.704:00 217.1 01:00-04:00 114.1 EUR/MWh Low 105.6 路 High 322.7 Lowest at 01:00 Highest at 04:00 Low 105.6 路 High 322.7
21
馃嚫馃嚠 Slovenia
159.8 105.901:00 327.704:00 221.9 01:00-04:00 114.0 EUR/MWh Low 105.9 路 High 327.7 Lowest at 01:00 Highest at 04:00 Low 105.9 路 High 327.7
22
馃嚫馃嚜 Sweden
4 price areas
162.0 95.502:00 347.204:00 251.7 02:00-05:00 107.2 EUR/MWh Low 95.5 路 High 347.2 Lowest at 02:00 Highest at 04:00 Low 95.5 路 High 347.2
23
馃嚝馃嚠 Finland
164.2 101.103:00 346.405:00 245.3 03:00-06:00 107.0 EUR/MWh Low 101.1 路 High 346.4 Lowest at 03:00 Highest at 05:00 Low 101.1 路 High 346.4
24
馃嚛馃嚢 Denmark
2 price areas
164.5 98.102:00 355.804:00 257.7 02:00-05:00 111.1 EUR/MWh Low 98.1 路 High 355.8 Lowest at 02:00 Highest at 04:00 Low 98.1 路 High 355.8
25
馃嚫馃嚢 Slovakia
165.1 106.011:00 353.904:00 248.0 11:00-14:00 110.6 EUR/MWh Low 106.0 路 High 353.9 Lowest at 11:00 Highest at 04:00 Low 106.0 路 High 353.9
26
馃嚟馃嚪 Croatia
166.8 105.901:00 340.704:00 234.8 01:00-04:00 113.8 EUR/MWh Low 105.9 路 High 340.7 Lowest at 01:00 Highest at 04:00 Low 105.9 路 High 340.7
27
馃嚟馃嚭 Hungary
183.9 105.911:00 479.604:00 373.7 11:00-14:00 112.7 EUR/MWh Low 105.9 路 High 479.6 Lowest at 11:00 Highest at 04:00 Low 105.9 路 High 479.6
28
馃嚙馃嚞 Bulgaria
187.2 104.312:00 471.805:00 367.5 12:00-15:00 112.7 EUR/MWh Low 104.3 路 High 471.8 Lowest at 12:00 Highest at 05:00 Low 104.3 路 High 471.8
29
馃嚪馃嚧 Romania
187.2 104.312:00 471.805:00 367.5 12:00-15:00 112.7 EUR/MWh Low 104.3 路 High 471.8 Lowest at 12:00 Highest at 05:00 Low 104.3 路 High 471.8
30
馃嚜馃嚜 Estonia
209.5 101.100:00 350.805:00 249.8 00:00-03:00 110.9 EUR/MWh Low 101.1 路 High 350.8 Lowest at 00:00 Highest at 05:00 Low 101.1 路 High 350.8
31
馃嚤馃嚬 Lithuania
209.5 101.100:00 350.805:00 249.8 00:00-03:00 110.9 EUR/MWh Low 101.1 路 High 350.8 Lowest at 00:00 Highest at 05:00 Low 101.1 路 High 350.8
32
馃嚤馃嚮 Latvia
209.5 101.100:00 350.805:00 249.8 00:00-03:00 110.9 EUR/MWh Low 101.1 路 High 350.8 Lowest at 00:00 Highest at 05:00 Low 101.1 路 High 350.8

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, Elexon BMRS Open Data, SMARD Bundesnetzagentur
Methodology