Daily electricity price rankings
Daily country electricity price ranking for 2026-01-23, 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
On Friday, January 23, 2026, Spain ranked cheapest by average wholesale reference price among 32 current wholesale country groups, while Hungary ranked highest by the same average wholesale reference measure. The largest wholesale spread was in Slovakia: 381.3 EUR/MWh.
| Rank | Country | Avg EUR/MWh | Low EUR/MWh | High EUR/MWh | Spread EUR/MWh | Cheapest 3h | Mobile summary |
|---|---|---|---|---|---|---|---|
| 1 | 馃嚜馃嚫 Spain | 38.7 | 0.812:00 | 112.004:00 | 111.2 | 12:00-15:00 1.3 EUR/MWh | Low 0.8 路 High 112.0 Lowest at 12:00 Highest at 04:00 Low 0.8 路 High 112.0 |
| 2 | 馃嚨馃嚬 Portugal | 41.9 | 0.810:00 | 112.003:00 | 111.2 | 10:00-13:00 1.0 EUR/MWh | Low 0.8 路 High 112.0 Lowest at 10:00 Highest at 03:00 Low 0.8 路 High 112.0 |
| 3 | 馃嚙馃嚪 Brazil 4 price areas | 50.0 | 47.711:00 | 51.900:00 | 4.2 | 11:00-14:00 48.3 EUR/MWh | Low 47.7 路 High 51.9 Lowest at 11:00 Highest at 00:00 Low 47.7 路 High 51.9 |
| 4 | 馃嚦馃嚧 Norway 5 price areas | 99.4 | 77.500:00 | 158.304:00 | 80.9 | 00:00-03:00 81.7 EUR/MWh | Low 77.5 路 High 158.3 Lowest at 00:00 Highest at 04:00 Low 77.5 路 High 158.3 |
| 5 | 馃嚛馃嚢 Denmark 2 price areas | 102.0 | 80.503:00 | 153.004:00 | 72.5 | 03:00-06:00 84.8 EUR/MWh | Low 80.5 路 High 153.0 Lowest at 03:00 Highest at 04:00 Low 80.5 路 High 153.0 |
| 6 | 馃嚝馃嚪 France | 102.7 | 52.303:00 | 138.204:00 | 85.9 | 03:00-06:00 72.2 EUR/MWh | Low 52.3 路 High 138.2 Lowest at 03:00 Highest at 04:00 Low 52.3 路 High 138.2 |
| 7 | 馃嚫馃嚜 Sweden 4 price areas | 107.0 | 86.802:00 | 157.904:00 | 71.1 | 02:00-05:00 91.1 EUR/MWh | Low 86.8 路 High 157.9 Lowest at 02:00 Highest at 04:00 Low 86.8 路 High 157.9 |
| 8 | 馃嚞馃嚙 Great Britain wholesale | 109.1 | 83.303:00 | 133.803:00 | 50.5 | 03:00-06:00 85.9 EUR/MWh | Low 83.3 路 High 133.8 Lowest at 03:00 Highest at 03:00 Low 83.3 路 High 133.8 |
| 9 | 馃嚦馃嚤 Netherlands | 109.3 | 90.402:00 | 160.504:00 | 70.1 | 02:00-05:00 93.6 EUR/MWh | Low 90.4 路 High 160.5 Lowest at 02:00 Highest at 04:00 Low 90.4 路 High 160.5 |
| 10 | 馃嚛馃嚜 Germany / Lux. | 109.7 | 87.112:00 | 178.504:00 | 91.4 | 12:00-15:00 95.6 EUR/MWh | Low 87.1 路 High 178.5 Lowest at 12:00 Highest at 04:00 Low 87.1 路 High 178.5 |
| 11 | 馃嚙馃嚜 Belgium | 109.9 | 86.202:00 | 160.704:00 | 74.5 | 02:00-05:00 91.1 EUR/MWh | Low 86.2 路 High 160.7 Lowest at 02:00 Highest at 04:00 Low 86.2 路 High 160.7 |
| 12 | 馃嚤馃嚭 Luxembourg | 110.3 | 95.002:00 | 152.904:00 | 57.9 | 02:00-05:00 95.5 EUR/MWh | Low 95.0 路 High 152.9 Lowest at 02:00 Highest at 04:00 Low 95.0 路 High 152.9 |
| 13 | 馃嚠馃嚜 Ireland | 115.5 | 92.021:00 | 145.203:00 | 53.2 | 21:00-00:00 96.1 EUR/MWh | Low 92.0 路 High 145.2 Lowest at 21:00 Highest at 03:00 Low 92.0 路 High 145.2 |
| 14 | 馃嚘馃嚤 Albania | 134.4 | 35.009:00 | 240.004:00 | 205.0 | 09:00-12:00 53.7 EUR/MWh | Low 35.0 路 High 240.0 Lowest at 09:00 Highest at 04:00 Low 35.0 路 High 240.0 |
| 15 | 馃嚚馃嚳 Czechia | 145.7 | 102.401:00 | 244.004:00 | 141.7 | 01:00-04:00 108.5 EUR/MWh | Low 102.4 路 High 244.0 Lowest at 01:00 Highest at 04:00 Low 102.4 路 High 244.0 |
| 16 | 馃嚥馃嚜 Montenegro | 157.5 | 115.001:00 | 248.004:00 | 133.0 | 01:00-04:00 117.7 EUR/MWh | Low 115.0 路 High 248.0 Lowest at 01:00 Highest at 04:00 Low 115.0 路 High 248.0 |
| 17 | 馃嚝馃嚠 Finland | 157.6 | 87.300:00 | 227.605:00 | 140.4 | 00:00-03:00 104.3 EUR/MWh | Low 87.3 路 High 227.6 Lowest at 00:00 Highest at 05:00 Low 87.3 路 High 227.6 |
| 18 | 馃嚚馃嚟 Switzerland | 158.0 | 135.201:00 | 181.004:00 | 45.8 | 01:00-04:00 135.7 EUR/MWh | Low 135.2 路 High 181.0 Lowest at 01:00 Highest at 04:00 Low 135.2 路 High 181.0 |
| 19 | 馃嚜馃嚜 Estonia | 158.2 | 87.300:00 | 227.805:00 | 140.6 | 00:00-03:00 104.4 EUR/MWh | Low 87.3 路 High 227.8 Lowest at 00:00 Highest at 05:00 Low 87.3 路 High 227.8 |
| 20 | 馃嚤馃嚬 Lithuania | 158.2 | 87.300:00 | 227.805:00 | 140.6 | 00:00-03:00 104.4 EUR/MWh | Low 87.3 路 High 227.8 Lowest at 00:00 Highest at 05:00 Low 87.3 路 High 227.8 |
| 21 | 馃嚤馃嚮 Latvia | 158.2 | 87.300:00 | 227.805:00 | 140.6 | 00:00-03:00 104.4 EUR/MWh | Low 87.3 路 High 227.8 Lowest at 00:00 Highest at 05:00 Low 87.3 路 High 227.8 |
| 22 | 馃嚠馃嚬 Italy 7 price areas | 158.5 | 134.802:00 | 210.804:00 | 76.0 | 02:00-05:00 136.8 EUR/MWh | Low 134.8 路 High 210.8 Lowest at 02:00 Highest at 04:00 Low 134.8 路 High 210.8 |
| 23 | 馃嚞馃嚪 Greece | 171.2 | 99.412:00 | 341.005:00 | 241.6 | 12:00-15:00 112.2 EUR/MWh | Low 99.4 路 High 341.0 Lowest at 12:00 Highest at 05:00 Low 99.4 路 High 341.0 |
| 24 | 馃嚪馃嚫 Serbia | 183.1 | 120.103:00 | 265.004:00 | 145.0 | 03:00-06:00 136.3 EUR/MWh | Low 120.1 路 High 265.0 Lowest at 03:00 Highest at 04:00 Low 120.1 路 High 265.0 |
| 25 | 馃嚥馃嚢 North Macedonia | 184.4 | 130.001:00 | 290.004:00 | 160.0 | 01:00-04:00 135.3 EUR/MWh | Low 130.0 路 High 290.0 Lowest at 01:00 Highest at 04:00 Low 130.0 路 High 290.0 |
| 26 | 馃嚫馃嚠 Slovenia | 196.5 | 119.201:00 | 400.804:00 | 281.6 | 01:00-04:00 137.4 EUR/MWh | Low 119.2 路 High 400.8 Lowest at 01:00 Highest at 04:00 Low 119.2 路 High 400.8 |
| 27 | 馃嚫馃嚢 Slovakia | 198.8 | 110.100:00 | 491.404:00 | 381.3 | 00:00-03:00 131.6 EUR/MWh | Low 110.1 路 High 491.4 Lowest at 00:00 Highest at 04:00 Low 110.1 路 High 491.4 |
| 28 | 馃嚘馃嚬 Austria | 200.9 | 124.502:00 | 397.704:00 | 273.2 | 02:00-05:00 146.8 EUR/MWh | Low 124.5 路 High 397.7 Lowest at 02:00 Highest at 04:00 Low 124.5 路 High 397.7 |
| 29 | 馃嚟馃嚪 Croatia | 201.4 | 119.901:00 | 418.904:00 | 299.0 | 01:00-04:00 137.7 EUR/MWh | Low 119.9 路 High 418.9 Lowest at 01:00 Highest at 04:00 Low 119.9 路 High 418.9 |
| 30 | 馃嚙馃嚞 Bulgaria | 225.6 | 134.802:00 | 471.205:00 | 336.4 | 02:00-05:00 139.6 EUR/MWh | Low 134.8 路 High 471.2 Lowest at 02:00 Highest at 05:00 Low 134.8 路 High 471.2 |
| 31 | 馃嚪馃嚧 Romania | 225.6 | 134.802:00 | 471.205:00 | 336.4 | 02:00-05:00 139.6 EUR/MWh | Low 134.8 路 High 471.2 Lowest at 02:00 Highest at 05:00 Low 134.8 路 High 471.2 |
| 32 | 馃嚟馃嚭 Hungary | 229.8 | 124.501:00 | 491.404:00 | 367.0 | 01:00-04:00 142.2 EUR/MWh | Low 124.5 路 High 491.4 Lowest at 01:00 Highest at 04:00 Low 124.5 路 High 491.4 |
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, Elexon BMRS Open Data, SMARD Bundesnetzagentur