Daily electricity price rankings

Daily country electricity price ranking for 2026-01-21, 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 55.6 EUR/MWh
Highest wholesale avg 馃嚜馃嚜 Estonia 177.2 EUR/MWh
Largest wholesale spread 馃嚜馃嚜 Estonia 300.5 EUR/MWh

On Wednesday, January 21, 2026, Brazil ranked cheapest by average wholesale reference price among 31 current wholesale country groups, while Estonia ranked highest by the same average wholesale reference measure. The largest wholesale spread was in Estonia: 300.5 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 Wednesday, January 21, 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
馃嚨馃嚬 Portugal
80.6 19.902:00 100.003:00 80.2 02:00-05:00 66.7 EUR/MWh Low 19.9 路 High 100.0 Lowest at 02:00 Highest at 03:00 Low 19.9 路 High 100.0
3
馃嚜馃嚫 Spain
82.6 64.303:00 100.004:00 35.7 03:00-06:00 66.7 EUR/MWh Low 64.3 路 High 100.0 Lowest at 03:00 Highest at 04:00 Low 64.3 路 High 100.0
4
馃嚝馃嚪 France
88.4 64.303:00 133.904:00 69.5 03:00-06:00 66.7 EUR/MWh Low 64.3 路 High 133.9 Lowest at 03:00 Highest at 04:00 Low 64.3 路 High 133.9
5
馃嚦馃嚧 Norway
5 price areas
105.6 83.202:00 153.804:00 70.6 02:00-05:00 88.3 EUR/MWh Low 83.2 路 High 153.8 Lowest at 02:00 Highest at 04:00 Low 83.2 路 High 153.8
6
馃嚙馃嚜 Belgium
106.6 87.003:00 165.004:00 78.1 03:00-06:00 91.0 EUR/MWh Low 87.0 路 High 165.0 Lowest at 03:00 Highest at 04:00 Low 87.0 路 High 165.0
7
馃嚦馃嚤 Netherlands
107.0 87.203:00 152.704:00 65.6 03:00-06:00 93.0 EUR/MWh Low 87.2 路 High 152.7 Lowest at 03:00 Highest at 04:00 Low 87.2 路 High 152.7
8
馃嚫馃嚜 Sweden
4 price areas
108.4 78.602:00 157.604:00 78.9 02:00-05:00 90.0 EUR/MWh Low 78.6 路 High 157.6 Lowest at 02:00 Highest at 04:00 Low 78.6 路 High 157.6
9
馃嚛馃嚢 Denmark
2 price areas
109.5 71.521:00 178.104:00 106.6 21:00-00:00 83.3 EUR/MWh Low 71.5 路 High 178.1 Lowest at 21:00 Highest at 04:00 Low 71.5 路 High 178.1
10
馃嚝馃嚠 Finland
112.4 87.803:00 157.505:00 69.7 03:00-06:00 90.6 EUR/MWh Low 87.8 路 High 157.5 Lowest at 03:00 Highest at 05:00 Low 87.8 路 High 157.5
11
馃嚛馃嚜 Germany / Lux.
115.6 70.011:00 185.904:00 115.9 11:00-14:00 97.3 EUR/MWh Low 70.0 路 High 185.9 Lowest at 11:00 Highest at 04:00 Low 70.0 路 High 185.9
12
馃嚠馃嚜 Ireland
115.8 88.702:00 157.703:00 68.9 02:00-05:00 89.0 EUR/MWh Low 88.7 路 High 157.7 Lowest at 02:00 Highest at 03:00 Low 88.7 路 High 157.7
13
馃嚤馃嚭 Luxembourg
117.0 98.703:00 176.404:00 77.7 03:00-06:00 99.5 EUR/MWh Low 98.7 路 High 176.4 Lowest at 03:00 Highest at 04:00 Low 98.7 路 High 176.4
14
馃嚥馃嚜 Montenegro
121.5 91.001:00 171.004:00 80.0 01:00-04:00 95.9 EUR/MWh Low 91.0 路 High 171.0 Lowest at 01:00 Highest at 04:00 Low 91.0 路 High 171.0
15
馃嚚馃嚳 Czechia
138.0 92.411:00 225.104:00 132.7 11:00-14:00 102.6 EUR/MWh Low 92.4 路 High 225.1 Lowest at 11:00 Highest at 04:00 Low 92.4 路 High 225.1
16
馃嚞馃嚪 Greece
145.3 98.303:00 219.705:00 121.4 03:00-06:00 118.7 EUR/MWh Low 98.3 路 High 219.7 Lowest at 03:00 Highest at 05:00 Low 98.3 路 High 219.7
17
馃嚚馃嚟 Switzerland
146.6 124.202:00 173.104:00 48.9 02:00-05:00 124.6 EUR/MWh Low 124.2 路 High 173.1 Lowest at 02:00 Highest at 04:00 Low 124.2 路 High 173.1
18
馃嚘馃嚤 Albania
148.3 75.303:00 300.004:00 224.7 03:00-06:00 78.0 EUR/MWh Low 75.3 路 High 300.0 Lowest at 03:00 Highest at 04:00 Low 75.3 路 High 300.0
19
馃嚠馃嚬 Italy
7 price areas
151.6 120.201:00 203.904:00 83.7 01:00-04:00 122.3 EUR/MWh Low 120.2 路 High 203.9 Lowest at 01:00 Highest at 04:00 Low 120.2 路 High 203.9
20
馃嚫馃嚠 Slovenia
155.4 113.301:00 220.304:00 107.0 01:00-04:00 118.7 EUR/MWh Low 113.3 路 High 220.3 Lowest at 01:00 Highest at 04:00 Low 113.3 路 High 220.3
21
馃嚟馃嚪 Croatia
155.8 113.702:00 230.604:00 116.9 02:00-05:00 118.4 EUR/MWh Low 113.7 路 High 230.6 Lowest at 02:00 Highest at 04:00 Low 113.7 路 High 230.6
22
馃嚘馃嚬 Austria
159.0 115.700:00 204.004:00 88.3 00:00-03:00 121.7 EUR/MWh Low 115.7 路 High 204.0 Lowest at 00:00 Highest at 04:00 Low 115.7 路 High 204.0
23
馃嚙馃嚞 Bulgaria
159.5 112.003:00 256.605:00 144.6 03:00-06:00 118.7 EUR/MWh Low 112.0 路 High 256.6 Lowest at 03:00 Highest at 05:00 Low 112.0 路 High 256.6
24
馃嚪馃嚧 Romania
159.5 112.003:00 256.605:00 144.6 03:00-06:00 118.7 EUR/MWh Low 112.0 路 High 256.6 Lowest at 03:00 Highest at 05:00 Low 112.0 路 High 256.6
25
馃嚟馃嚭 Hungary
159.7 111.602:00 255.704:00 144.1 02:00-05:00 117.4 EUR/MWh Low 111.6 路 High 255.7 Lowest at 02:00 Highest at 04:00 Low 111.6 路 High 255.7
26
馃嚥馃嚢 North Macedonia
159.8 114.002:00 277.104:00 163.1 02:00-05:00 115.0 EUR/MWh Low 114.0 路 High 277.1 Lowest at 02:00 Highest at 04:00 Low 114.0 路 High 277.1
27
馃嚫馃嚢 Slovakia
160.4 109.902:00 273.904:00 164.0 02:00-05:00 115.7 EUR/MWh Low 109.9 路 High 273.9 Lowest at 02:00 Highest at 04:00 Low 109.9 路 High 273.9
28
馃嚪馃嚫 Serbia
169.5 115.601:00 237.904:00 122.3 01:00-04:00 116.0 EUR/MWh Low 115.6 路 High 237.9 Lowest at 01:00 Highest at 04:00 Low 115.6 路 High 237.9
29
馃嚜馃嚜 Estonia
177.2 89.601:00 390.005:00 300.5 01:00-04:00 95.8 EUR/MWh Low 89.6 路 High 390.0 Lowest at 01:00 Highest at 05:00 Low 89.6 路 High 390.0
30
馃嚤馃嚬 Lithuania
177.2 89.601:00 390.005:00 300.5 01:00-04:00 95.8 EUR/MWh Low 89.6 路 High 390.0 Lowest at 01:00 Highest at 05:00 Low 89.6 路 High 390.0
31
馃嚤馃嚮 Latvia
177.2 89.601:00 390.005:00 300.5 01:00-04:00 95.8 EUR/MWh Low 89.6 路 High 390.0 Lowest at 01:00 Highest at 05:00 Low 89.6 路 High 390.0

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
Methodology