Daily electricity price rankings

Daily country electricity price ranking for 2026-01-22, 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 50.2 EUR/MWh
Highest wholesale avg 馃嚙馃嚞 Bulgaria 275.9 EUR/MWh
Largest wholesale spread 馃嚙馃嚞 Bulgaria 403.8 EUR/MWh

On Thursday, January 22, 2026, Brazil ranked cheapest by average wholesale reference price among 32 current wholesale country groups, while Bulgaria ranked highest by the same average wholesale reference measure. The largest wholesale spread was in Bulgaria: 403.8 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 Thursday, January 22, 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
50.2 48.311:00 52.800:00 4.5 11:00-14:00 48.7 EUR/MWh Low 48.3 路 High 52.8 Lowest at 11:00 Highest at 00:00 Low 48.3 路 High 52.8
2
馃嚜馃嚫 Spain
58.8 1.503:00 92.004:00 90.5 03:00-06:00 36.1 EUR/MWh Low 1.5 路 High 92.0 Lowest at 03:00 Highest at 04:00 Low 1.5 路 High 92.0
3
馃嚨馃嚬 Portugal
59.2 20.002:00 92.003:00 72.1 02:00-05:00 36.1 EUR/MWh Low 20.0 路 High 92.0 Lowest at 02:00 Highest at 03:00 Low 20.0 路 High 92.0
4
馃嚝馃嚪 France
88.6 19.903:00 140.104:00 120.3 03:00-06:00 36.1 EUR/MWh Low 19.9 路 High 140.1 Lowest at 03:00 Highest at 04:00 Low 19.9 路 High 140.1
5
馃嚛馃嚢 Denmark
2 price areas
90.6 67.403:00 124.504:00 57.2 03:00-06:00 74.9 EUR/MWh Low 67.4 路 High 124.5 Lowest at 03:00 Highest at 04:00 Low 67.4 路 High 124.5
6
馃嚫馃嚜 Sweden
4 price areas
97.6 78.302:00 133.604:00 55.3 02:00-05:00 81.6 EUR/MWh Low 78.3 路 High 133.6 Lowest at 02:00 Highest at 04:00 Low 78.3 路 High 133.6
7
馃嚦馃嚧 Norway
5 price areas
97.9 79.203:00 126.204:00 46.9 03:00-06:00 83.6 EUR/MWh Low 79.2 路 High 126.2 Lowest at 03:00 Highest at 04:00 Low 79.2 路 High 126.2
8
馃嚦馃嚤 Netherlands
102.4 80.903:00 143.204:00 62.3 03:00-06:00 84.9 EUR/MWh Low 80.9 路 High 143.2 Lowest at 03:00 Highest at 04:00 Low 80.9 路 High 143.2
9
馃嚙馃嚜 Belgium
103.2 73.303:00 143.004:00 69.7 03:00-06:00 78.5 EUR/MWh Low 73.3 路 High 143.0 Lowest at 03:00 Highest at 04:00 Low 73.3 路 High 143.0
10
馃嚤馃嚭 Luxembourg
105.3 83.911:00 137.104:00 53.3 11:00-14:00 87.0 EUR/MWh Low 83.9 路 High 137.1 Lowest at 11:00 Highest at 04:00 Low 83.9 路 High 137.1
11
馃嚛馃嚜 Germany / Lux.
106.5 71.511:00 149.204:00 77.7 11:00-14:00 87.4 EUR/MWh Low 71.5 路 High 149.2 Lowest at 11:00 Highest at 04:00 Low 71.5 路 High 149.2
12
馃嚞馃嚙 Great Britain wholesale
111.7 71.900:00 138.703:00 66.8 00:00-03:00 79.4 EUR/MWh Low 71.9 路 High 138.7 Lowest at 00:00 Highest at 03:00 Low 71.9 路 High 138.7
13
馃嚝馃嚠 Finland
131.3 79.802:00 207.705:00 127.9 02:00-05:00 82.4 EUR/MWh Low 79.8 路 High 207.7 Lowest at 02:00 Highest at 05:00 Low 79.8 路 High 207.7
14
馃嚜馃嚜 Estonia
136.7 79.802:00 253.405:00 173.6 02:00-05:00 82.4 EUR/MWh Low 79.8 路 High 253.4 Lowest at 02:00 Highest at 05:00 Low 79.8 路 High 253.4
15
馃嚤馃嚬 Lithuania
136.7 79.802:00 253.405:00 173.6 02:00-05:00 82.4 EUR/MWh Low 79.8 路 High 253.4 Lowest at 02:00 Highest at 05:00 Low 79.8 路 High 253.4
16
馃嚤馃嚮 Latvia
136.7 79.802:00 253.405:00 173.6 02:00-05:00 82.4 EUR/MWh Low 79.8 路 High 253.4 Lowest at 02:00 Highest at 05:00 Low 79.8 路 High 253.4
17
馃嚚馃嚳 Czechia
139.3 80.511:00 260.004:00 179.5 11:00-14:00 104.2 EUR/MWh Low 80.5 路 High 260.0 Lowest at 11:00 Highest at 04:00 Low 80.5 路 High 260.0
18
馃嚚馃嚟 Switzerland
155.1 131.502:00 187.904:00 56.4 02:00-05:00 132.5 EUR/MWh Low 131.5 路 High 187.9 Lowest at 02:00 Highest at 04:00 Low 131.5 路 High 187.9
19
馃嚥馃嚜 Montenegro
156.2 115.002:00 204.004:00 89.0 02:00-05:00 117.4 EUR/MWh Low 115.0 路 High 204.0 Lowest at 02:00 Highest at 04:00 Low 115.0 路 High 204.0
20
馃嚠馃嚜 Ireland
156.7 95.900:00 225.503:00 129.6 00:00-03:00 97.7 EUR/MWh Low 95.9 路 High 225.5 Lowest at 00:00 Highest at 03:00 Low 95.9 路 High 225.5
21
馃嚠馃嚬 Italy
7 price areas
159.6 127.301:00 212.604:00 85.3 01:00-04:00 129.1 EUR/MWh Low 127.3 路 High 212.6 Lowest at 01:00 Highest at 04:00 Low 127.3 路 High 212.6
22
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
23
馃嚫馃嚢 Slovakia
162.1 97.501:00 401.404:00 303.9 01:00-04:00 118.8 EUR/MWh Low 97.5 路 High 401.4 Lowest at 01:00 Highest at 04:00 Low 97.5 路 High 401.4
24
馃嚘馃嚤 Albania
165.9 125.002:00 204.004:00 79.0 02:00-05:00 135.5 EUR/MWh Low 125.0 路 High 204.0 Lowest at 02:00 Highest at 04:00 Low 125.0 路 High 204.0
25
馃嚞馃嚪 Greece
166.7 120.902:00 303.205:00 182.3 02:00-05:00 127.4 EUR/MWh Low 120.9 路 High 303.2 Lowest at 02:00 Highest at 05:00 Low 120.9 路 High 303.2
26
馃嚪馃嚫 Serbia
172.6 122.202:00 261.104:00 138.9 02:00-05:00 122.5 EUR/MWh Low 122.2 路 High 261.1 Lowest at 02:00 Highest at 04:00 Low 122.2 路 High 261.1
27
馃嚫馃嚠 Slovenia
205.2 121.901:00 347.704:00 225.8 01:00-04:00 128.1 EUR/MWh Low 121.9 路 High 347.7 Lowest at 01:00 Highest at 04:00 Low 121.9 路 High 347.7
28
馃嚘馃嚬 Austria
218.5 128.801:00 378.404:00 249.6 01:00-04:00 137.8 EUR/MWh Low 128.8 路 High 378.4 Lowest at 01:00 Highest at 04:00 Low 128.8 路 High 378.4
29
馃嚟馃嚪 Croatia
220.3 122.001:00 391.104:00 269.1 01:00-04:00 127.1 EUR/MWh Low 122.0 路 High 391.1 Lowest at 01:00 Highest at 04:00 Low 122.0 路 High 391.1
30
馃嚟馃嚭 Hungary
246.5 117.702:00 500.104:00 382.5 02:00-05:00 125.2 EUR/MWh Low 117.7 路 High 500.1 Lowest at 02:00 Highest at 04:00 Low 117.7 路 High 500.1
31
馃嚙馃嚞 Bulgaria
275.9 120.902:00 524.805:00 403.8 02:00-05:00 127.4 EUR/MWh Low 120.9 路 High 524.8 Lowest at 02:00 Highest at 05:00 Low 120.9 路 High 524.8
32
馃嚪馃嚧 Romania
275.9 120.902:00 524.805:00 403.8 02:00-05:00 127.4 EUR/MWh Low 120.9 路 High 524.8 Lowest at 02:00 Highest at 05:00 Low 120.9 路 High 524.8

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, SMARD Bundesnetzagentur, Elexon BMRS Open Data
Methodology