Daily electricity price rankings
Daily country electricity price ranking for 2026-01-26, 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 Monday, January 26, 2026, Spain 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 Estonia: 412.1 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 | 38.0 | -0.202:00 | 96.504:00 | 96.7 | 02:00-05:00 2.0 EUR/MWh | Low -0.2 路 High 96.5 Lowest at 02:00 Highest at 04:00 Low -0.2 路 High 96.5 |
| 2 | 馃嚨馃嚬 Portugal | 39.4 | 1.300:00 | 90.003:00 | 88.7 | 00:00-03:00 2.7 EUR/MWh | Low 1.3 路 High 90.0 Lowest at 00:00 Highest at 03:00 Low 1.3 路 High 90.0 |
| 3 | 馃嚙馃嚪 Brazil 4 price areas | 48.7 | 44.608:00 | 56.300:00 | 11.7 | 08:00-11:00 45.3 EUR/MWh | Low 44.6 路 High 56.3 Lowest at 08:00 Highest at 00:00 Low 44.6 路 High 56.3 |
| 4 | 馃嚞馃嚪 Greece | 105.9 | 30.000:00 | 209.805:00 | 179.8 | 00:00-03:00 81.8 EUR/MWh | Low 30.0 路 High 209.8 Lowest at 00:00 Highest at 05:00 Low 30.0 路 High 209.8 |
| 5 | 馃嚪馃嚫 Serbia | 106.5 | 10.302:00 | 230.004:00 | 219.7 | 02:00-05:00 12.4 EUR/MWh | Low 10.3 路 High 230.0 Lowest at 02:00 Highest at 04:00 Low 10.3 路 High 230.0 |
| 6 | 馃嚥馃嚢 North Macedonia | 109.5 | 30.902:00 | 161.904:00 | 131.1 | 02:00-05:00 36.4 EUR/MWh | Low 30.9 路 High 161.9 Lowest at 02:00 Highest at 04:00 Low 30.9 路 High 161.9 |
| 7 | 馃嚝馃嚪 France | 116.6 | 80.803:00 | 189.704:00 | 108.9 | 03:00-06:00 94.7 EUR/MWh | Low 80.8 路 High 189.7 Lowest at 03:00 Highest at 04:00 Low 80.8 路 High 189.7 |
| 8 | 馃嚥馃嚜 Montenegro | 122.7 | 63.005:00 | 188.804:00 | 125.8 | 05:00-08:00 76.9 EUR/MWh | Low 63.0 路 High 188.8 Lowest at 05:00 Highest at 04:00 Low 63.0 路 High 188.8 |
| 9 | 馃嚞馃嚙 Great Britain wholesale | 123.6 | 99.402:00 | 155.403:00 | 56.1 | 02:00-05:00 104.1 EUR/MWh | Low 99.4 路 High 155.4 Lowest at 02:00 Highest at 03:00 Low 99.4 路 High 155.4 |
| 10 | 馃嚠馃嚜 Ireland | 123.9 | 99.203:00 | 178.003:00 | 78.8 | 03:00-06:00 100.0 EUR/MWh | Low 99.2 路 High 178.0 Lowest at 03:00 Highest at 03:00 Low 99.2 路 High 178.0 |
| 11 | 馃嚦馃嚧 Norway 5 price areas | 129.8 | 84.203:00 | 197.204:00 | 113.0 | 03:00-06:00 91.2 EUR/MWh | Low 84.2 路 High 197.2 Lowest at 03:00 Highest at 04:00 Low 84.2 路 High 197.2 |
| 12 | 馃嚫馃嚜 Sweden 4 price areas | 131.0 | 81.802:00 | 199.804:00 | 118.0 | 02:00-05:00 93.9 EUR/MWh | Low 81.8 路 High 199.8 Lowest at 02:00 Highest at 04:00 Low 81.8 路 High 199.8 |
| 13 | 馃嚘馃嚤 Albania | 132.7 | 54.303:00 | 216.004:00 | 161.7 | 03:00-06:00 55.2 EUR/MWh | Low 54.3 路 High 216.0 Lowest at 03:00 Highest at 04:00 Low 54.3 路 High 216.0 |
| 14 | 馃嚛馃嚢 Denmark 2 price areas | 136.5 | 93.403:00 | 200.004:00 | 106.6 | 03:00-06:00 95.7 EUR/MWh | Low 93.4 路 High 200.0 Lowest at 03:00 Highest at 04:00 Low 93.4 路 High 200.0 |
| 15 | 馃嚙馃嚜 Belgium | 136.9 | 93.603:00 | 191.504:00 | 97.9 | 03:00-06:00 96.1 EUR/MWh | Low 93.6 路 High 191.5 Lowest at 03:00 Highest at 04:00 Low 93.6 路 High 191.5 |
| 16 | 馃嚦馃嚤 Netherlands | 138.3 | 93.603:00 | 200.004:00 | 106.4 | 03:00-06:00 96.9 EUR/MWh | Low 93.6 路 High 200.0 Lowest at 03:00 Highest at 04:00 Low 93.6 路 High 200.0 |
| 17 | 馃嚤馃嚭 Luxembourg | 141.3 | 95.003:00 | 178.704:00 | 83.7 | 03:00-06:00 96.0 EUR/MWh | Low 95.0 路 High 178.7 Lowest at 03:00 Highest at 04:00 Low 95.0 路 High 178.7 |
| 18 | 馃嚙馃嚞 Bulgaria | 147.2 | 93.603:00 | 261.505:00 | 167.8 | 03:00-06:00 97.3 EUR/MWh | Low 93.6 路 High 261.5 Lowest at 03:00 Highest at 05:00 Low 93.6 路 High 261.5 |
| 19 | 馃嚠馃嚬 Italy 7 price areas | 148.8 | 114.502:00 | 186.004:00 | 71.5 | 02:00-05:00 120.7 EUR/MWh | Low 114.5 路 High 186.0 Lowest at 02:00 Highest at 04:00 Low 114.5 路 High 186.0 |
| 20 | 馃嚪馃嚧 Romania | 148.8 | 93.603:00 | 261.505:00 | 167.8 | 03:00-06:00 97.3 EUR/MWh | Low 93.6 路 High 261.5 Lowest at 03:00 Highest at 05:00 Low 93.6 路 High 261.5 |
| 21 | 馃嚚馃嚟 Switzerland | 149.8 | 108.302:00 | 179.004:00 | 70.7 | 02:00-05:00 110.5 EUR/MWh | Low 108.3 路 High 179.0 Lowest at 02:00 Highest at 04:00 Low 108.3 路 High 179.0 |
| 22 | 馃嚘馃嚬 Austria | 154.9 | 93.602:00 | 230.904:00 | 137.3 | 02:00-05:00 97.5 EUR/MWh | Low 93.6 路 High 230.9 Lowest at 02:00 Highest at 04:00 Low 93.6 路 High 230.9 |
| 23 | 馃嚚馃嚳 Czechia | 155.1 | 93.602:00 | 239.704:00 | 146.1 | 02:00-05:00 97.1 EUR/MWh | Low 93.6 路 High 239.7 Lowest at 02:00 Highest at 04:00 Low 93.6 路 High 239.7 |
| 24 | 馃嚫馃嚠 Slovenia | 155.8 | 93.602:00 | 242.104:00 | 148.5 | 02:00-05:00 97.4 EUR/MWh | Low 93.6 路 High 242.1 Lowest at 02:00 Highest at 04:00 Low 93.6 路 High 242.1 |
| 25 | 馃嚟馃嚪 Croatia | 156.4 | 93.602:00 | 247.404:00 | 153.7 | 02:00-05:00 97.4 EUR/MWh | Low 93.6 路 High 247.4 Lowest at 02:00 Highest at 04:00 Low 93.6 路 High 247.4 |
| 26 | 馃嚝馃嚠 Finland | 160.5 | 93.003:00 | 275.805:00 | 182.8 | 03:00-06:00 95.3 EUR/MWh | Low 93.0 路 High 275.8 Lowest at 03:00 Highest at 05:00 Low 93.0 路 High 275.8 |
| 27 | 馃嚟馃嚭 Hungary | 161.9 | 93.602:00 | 266.404:00 | 172.8 | 02:00-05:00 97.3 EUR/MWh | Low 93.6 路 High 266.4 Lowest at 02:00 Highest at 04:00 Low 93.6 路 High 266.4 |
| 28 | 馃嚫馃嚢 Slovakia | 162.2 | 93.602:00 | 268.504:00 | 174.9 | 02:00-05:00 97.3 EUR/MWh | Low 93.6 路 High 268.5 Lowest at 02:00 Highest at 04:00 Low 93.6 路 High 268.5 |
| 29 | 馃嚛馃嚜 Germany / Lux. | 169.3 | 107.001:00 | 302.804:00 | 195.8 | 01:00-04:00 111.3 EUR/MWh | Low 107.0 路 High 302.8 Lowest at 01:00 Highest at 04:00 Low 107.0 路 High 302.8 |
| 30 | 馃嚜馃嚜 Estonia | 227.9 | 93.003:00 | 505.105:00 | 412.1 | 03:00-06:00 95.6 EUR/MWh | Low 93.0 路 High 505.1 Lowest at 03:00 Highest at 05:00 Low 93.0 路 High 505.1 |
| 31 | 馃嚤馃嚬 Lithuania | 227.9 | 93.003:00 | 505.105:00 | 412.1 | 03:00-06:00 95.6 EUR/MWh | Low 93.0 路 High 505.1 Lowest at 03:00 Highest at 05:00 Low 93.0 路 High 505.1 |
| 32 | 馃嚤馃嚮 Latvia | 227.9 | 93.003:00 | 505.105:00 | 412.1 | 03:00-06:00 95.6 EUR/MWh | Low 93.0 路 High 505.1 Lowest at 03:00 Highest at 05:00 Low 93.0 路 High 505.1 |
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