Daily electricity price rankings

Daily country electricity price ranking for 2026-01-29, 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 馃嚨馃嚬 Portugal 19.9 EUR/MWh
Highest wholesale avg 馃嚝馃嚠 Finland 205.5 EUR/MWh
Largest wholesale spread 馃嚝馃嚠 Finland 194.3 EUR/MWh

On Thursday, January 29, 2026, Portugal ranked cheapest by average wholesale reference price among 32 current wholesale country groups, while Finland ranked highest by the same average wholesale reference measure. The largest wholesale spread was in Finland: 194.3 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 29, 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
馃嚨馃嚬 Portugal
19.9 1.005:00 35.003:00 34.0 05:00-08:00 7.0 EUR/MWh Low 1.0 路 High 35.0 Lowest at 05:00 Highest at 03:00 Low 1.0 路 High 35.0
2
馃嚜馃嚫 Spain
25.9 0.902:00 81.504:00 80.6 02:00-05:00 9.0 EUR/MWh Low 0.9 路 High 81.5 Lowest at 02:00 Highest at 04:00 Low 0.9 路 High 81.5
3
馃嚙馃嚪 Brazil
4 price areas
52.5 44.611:00 66.900:00 22.3 11:00-14:00 46.7 EUR/MWh Low 44.6 路 High 66.9 Lowest at 11:00 Highest at 00:00 Low 44.6 路 High 66.9
4
馃嚘馃嚤 Albania
84.4 30.003:00 153.604:00 123.6 03:00-06:00 37.1 EUR/MWh Low 30.0 路 High 153.6 Lowest at 03:00 Highest at 04:00 Low 30.0 路 High 153.6
5
馃嚥馃嚜 Montenegro
98.1 32.000:00 171.104:00 139.1 00:00-03:00 42.0 EUR/MWh Low 32.0 路 High 171.1 Lowest at 00:00 Highest at 04:00 Low 32.0 路 High 171.1
6
馃嚞馃嚪 Greece
98.4 50.000:00 178.505:00 128.5 00:00-03:00 75.0 EUR/MWh Low 50.0 路 High 178.5 Lowest at 00:00 Highest at 05:00 Low 50.0 路 High 178.5
7
馃嚥馃嚢 North Macedonia
102.0 27.001:00 171.004:00 144.0 01:00-04:00 27.4 EUR/MWh Low 27.0 路 High 171.0 Lowest at 01:00 Highest at 04:00 Low 27.0 路 High 171.0
8
馃嚝馃嚪 France
117.2 85.103:00 170.304:00 85.2 03:00-06:00 96.1 EUR/MWh Low 85.1 路 High 170.3 Lowest at 03:00 Highest at 04:00 Low 85.1 路 High 170.3
9
馃嚠馃嚜 Ireland
118.0 102.602:00 144.203:00 41.6 02:00-05:00 104.0 EUR/MWh Low 102.6 路 High 144.2 Lowest at 02:00 Highest at 03:00 Low 102.6 路 High 144.2
10
馃嚪馃嚫 Serbia
118.2 29.001:00 206.004:00 177.0 01:00-04:00 29.5 EUR/MWh Low 29.0 路 High 206.0 Lowest at 01:00 Highest at 04:00 Low 29.0 路 High 206.0
11
馃嚦馃嚧 Norway
5 price areas
123.0 90.503:00 166.804:00 76.3 03:00-06:00 99.1 EUR/MWh Low 90.5 路 High 166.8 Lowest at 03:00 Highest at 04:00 Low 90.5 路 High 166.8
12
馃嚦馃嚤 Netherlands
126.1 87.502:00 167.504:00 80.0 02:00-05:00 99.8 EUR/MWh Low 87.5 路 High 167.5 Lowest at 02:00 Highest at 04:00 Low 87.5 路 High 167.5
13
馃嚛馃嚢 Denmark
2 price areas
127.4 96.302:00 169.804:00 73.4 02:00-05:00 100.9 EUR/MWh Low 96.3 路 High 169.8 Lowest at 02:00 Highest at 04:00 Low 96.3 路 High 169.8
14
馃嚙馃嚜 Belgium
131.0 93.902:00 173.104:00 79.2 02:00-05:00 100.1 EUR/MWh Low 93.9 路 High 173.1 Lowest at 02:00 Highest at 04:00 Low 93.9 路 High 173.1
15
馃嚤馃嚭 Luxembourg
132.4 100.002:00 168.004:00 68.0 02:00-05:00 100.9 EUR/MWh Low 100.0 路 High 168.0 Lowest at 02:00 Highest at 04:00 Low 100.0 路 High 168.0
16
馃嚞馃嚙 Great Britain wholesale
133.9 108.201:00 164.703:00 56.5 01:00-04:00 112.6 EUR/MWh Low 108.2 路 High 164.7 Lowest at 01:00 Highest at 03:00 Low 108.2 路 High 164.7
17
馃嚫馃嚜 Sweden
4 price areas
136.0 97.602:00 177.004:00 79.4 02:00-05:00 101.2 EUR/MWh Low 97.6 路 High 177.0 Lowest at 02:00 Highest at 04:00 Low 97.6 路 High 177.0
18
馃嚛馃嚜 Germany / Lux.
138.4 95.502:00 187.704:00 92.2 02:00-05:00 102.4 EUR/MWh Low 95.5 路 High 187.7 Lowest at 02:00 Highest at 04:00 Low 95.5 路 High 187.7
19
馃嚚馃嚳 Czechia
139.9 97.302:00 180.104:00 82.8 02:00-05:00 101.3 EUR/MWh Low 97.3 路 High 180.1 Lowest at 02:00 Highest at 04:00 Low 97.3 路 High 180.1
20
馃嚠馃嚬 Italy
7 price areas
140.9 118.200:00 177.004:00 58.8 00:00-03:00 124.3 EUR/MWh Low 118.2 路 High 177.0 Lowest at 00:00 Highest at 04:00 Low 118.2 路 High 177.0
21
馃嚫馃嚠 Slovenia
142.4 97.902:00 180.204:00 82.3 02:00-05:00 101.6 EUR/MWh Low 97.9 路 High 180.2 Lowest at 02:00 Highest at 04:00 Low 97.9 路 High 180.2
22
馃嚙馃嚞 Bulgaria
143.0 100.003:00 188.205:00 88.3 03:00-06:00 101.5 EUR/MWh Low 100.0 路 High 188.2 Lowest at 03:00 Highest at 05:00 Low 100.0 路 High 188.2
23
馃嚟馃嚪 Croatia
143.5 97.902:00 182.304:00 84.5 02:00-05:00 101.6 EUR/MWh Low 97.9 路 High 182.3 Lowest at 02:00 Highest at 04:00 Low 97.9 路 High 182.3
24
馃嚫馃嚢 Slovakia
144.3 97.402:00 188.204:00 90.8 02:00-05:00 101.4 EUR/MWh Low 97.4 路 High 188.2 Lowest at 02:00 Highest at 04:00 Low 97.4 路 High 188.2
25
馃嚟馃嚭 Hungary
144.3 97.602:00 188.204:00 90.7 02:00-05:00 101.4 EUR/MWh Low 97.6 路 High 188.2 Lowest at 02:00 Highest at 04:00 Low 97.6 路 High 188.2
26
馃嚪馃嚧 Romania
144.7 100.003:00 188.205:00 88.3 03:00-06:00 101.5 EUR/MWh Low 100.0 路 High 188.2 Lowest at 03:00 Highest at 05:00 Low 100.0 路 High 188.2
27
馃嚚馃嚟 Switzerland
151.1 122.002:00 173.704:00 51.7 02:00-05:00 122.5 EUR/MWh Low 122.0 路 High 173.7 Lowest at 02:00 Highest at 04:00 Low 122.0 路 High 173.7
28
馃嚘馃嚬 Austria
154.8 73.801:00 205.904:00 132.1 01:00-04:00 109.5 EUR/MWh Low 73.8 路 High 205.9 Lowest at 01:00 Highest at 04:00 Low 73.8 路 High 205.9
29
馃嚤馃嚬 Lithuania
198.8 99.803:00 290.005:00 190.2 03:00-06:00 101.3 EUR/MWh Low 99.8 路 High 290.0 Lowest at 03:00 Highest at 05:00 Low 99.8 路 High 290.0
30
馃嚤馃嚮 Latvia
198.8 99.803:00 290.005:00 190.2 03:00-06:00 101.3 EUR/MWh Low 99.8 路 High 290.0 Lowest at 03:00 Highest at 05:00 Low 99.8 路 High 290.0
31
馃嚜馃嚜 Estonia
204.8 99.802:00 290.005:00 190.2 02:00-05:00 102.3 EUR/MWh Low 99.8 路 High 290.0 Lowest at 02:00 Highest at 05:00 Low 99.8 路 High 290.0
32
馃嚝馃嚠 Finland
205.5 99.802:00 294.105:00 194.3 02:00-05:00 102.3 EUR/MWh Low 99.8 路 High 294.1 Lowest at 02:00 Highest at 05:00 Low 99.8 路 High 294.1

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, SMARD Bundesnetzagentur, Elexon BMRS Open Data
Methodology