Daily electricity price rankings

Daily country electricity price ranking for 2026-01-31, 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 馃嚜馃嚫 Spain 1.0 EUR/MWh
Highest wholesale avg 馃嚜馃嚜 Estonia 158.8 EUR/MWh
Largest wholesale spread 馃嚤馃嚬 Lithuania 150.4 EUR/MWh

On Saturday, January 31, 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 Lithuania: 150.4 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 Saturday, January 31, 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
馃嚜馃嚫 Spain
1.0 -13.403:00 35.004:00 48.4 03:00-06:00 -7.1 EUR/MWh Low -13.4 路 High 35.0 Lowest at 03:00 Highest at 04:00 Low -13.4 路 High 35.0
2
馃嚨馃嚬 Portugal
5.9 -0.509:00 35.003:00 35.5 09:00-12:00 -0.4 EUR/MWh Low -0.5 路 High 35.0 Lowest at 09:00 Highest at 03:00 Low -0.5 路 High 35.0
3
馃嚙馃嚪 Brazil
4 price areas
54.1 19.810:00 68.100:00 48.3 10:00-13:00 19.9 EUR/MWh Low 19.8 路 High 68.1 Lowest at 10:00 Highest at 00:00 Low 19.8 路 High 68.1
4
馃嚘馃嚤 Albania
71.8 21.211:00 165.504:00 144.3 11:00-14:00 23.6 EUR/MWh Low 21.2 路 High 165.5 Lowest at 11:00 Highest at 04:00 Low 21.2 路 High 165.5
5
馃嚫馃嚜 Sweden
4 price areas
74.6 52.721:00 101.404:00 48.7 21:00-00:00 64.6 EUR/MWh Low 52.7 路 High 101.4 Lowest at 21:00 Highest at 04:00 Low 52.7 路 High 101.4
6
馃嚪馃嚫 Serbia
93.6 59.503:00 131.504:00 72.0 03:00-06:00 63.8 EUR/MWh Low 59.5 路 High 131.5 Lowest at 03:00 Highest at 04:00 Low 59.5 路 High 131.5
7
馃嚛馃嚢 Denmark
2 price areas
94.5 73.104:00 121.204:00 48.2 04:00-07:00 78.7 EUR/MWh Low 73.1 路 High 121.2 Lowest at 04:00 Highest at 04:00 Low 73.1 路 High 121.2
8
馃嚦馃嚧 Norway
5 price areas
94.8 84.604:00 107.604:00 22.9 04:00-07:00 90.7 EUR/MWh Low 84.6 路 High 107.6 Lowest at 04:00 Highest at 04:00 Low 84.6 路 High 107.6
9
馃嚥馃嚜 Montenegro
97.1 57.002:00 133.004:00 76.0 02:00-05:00 60.0 EUR/MWh Low 57.0 路 High 133.0 Lowest at 02:00 Highest at 04:00 Low 57.0 路 High 133.0
10
馃嚥馃嚢 North Macedonia
99.8 65.003:00 133.004:00 68.0 03:00-06:00 69.7 EUR/MWh Low 65.0 路 High 133.0 Lowest at 03:00 Highest at 04:00 Low 65.0 路 High 133.0
11
馃嚞馃嚪 Greece
106.6 47.512:00 155.005:00 107.5 12:00-15:00 75.3 EUR/MWh Low 47.5 路 High 155.0 Lowest at 12:00 Highest at 05:00 Low 47.5 路 High 155.0
12
馃嚛馃嚜 Germany / Lux.
107.2 84.603:00 140.704:00 56.1 03:00-06:00 89.8 EUR/MWh Low 84.6 路 High 140.7 Lowest at 03:00 Highest at 04:00 Low 84.6 路 High 140.7
13
馃嚤馃嚭 Luxembourg
109.4 92.905:00 138.004:00 45.1 05:00-08:00 93.5 EUR/MWh Low 92.9 路 High 138.0 Lowest at 05:00 Highest at 04:00 Low 92.9 路 High 138.0
14
馃嚞馃嚙 Great Britain wholesale
110.9 98.800:00 130.903:00 32.0 00:00-03:00 101.3 EUR/MWh Low 98.8 路 High 130.9 Lowest at 00:00 Highest at 03:00 Low 98.8 路 High 130.9
15
馃嚝馃嚪 France
111.6 91.002:00 145.504:00 54.5 02:00-05:00 96.0 EUR/MWh Low 91.0 路 High 145.5 Lowest at 02:00 Highest at 04:00 Low 91.0 路 High 145.5
16
馃嚙馃嚜 Belgium
112.8 90.602:00 146.504:00 55.9 02:00-05:00 96.6 EUR/MWh Low 90.6 路 High 146.5 Lowest at 02:00 Highest at 04:00 Low 90.6 路 High 146.5
17
馃嚦馃嚤 Netherlands
113.1 90.102:00 152.704:00 62.6 02:00-05:00 94.7 EUR/MWh Low 90.1 路 High 152.7 Lowest at 02:00 Highest at 04:00 Low 90.1 路 High 152.7
18
馃嚚馃嚳 Czechia
113.3 92.701:00 144.404:00 51.7 01:00-04:00 97.0 EUR/MWh Low 92.7 路 High 144.4 Lowest at 01:00 Highest at 04:00 Low 92.7 路 High 144.4
19
馃嚫馃嚢 Slovakia
116.0 95.101:00 149.204:00 54.2 01:00-04:00 97.6 EUR/MWh Low 95.1 路 High 149.2 Lowest at 01:00 Highest at 04:00 Low 95.1 路 High 149.2
20
馃嚙馃嚞 Bulgaria
117.5 95.802:00 155.005:00 59.3 02:00-05:00 97.9 EUR/MWh Low 95.8 路 High 155.0 Lowest at 02:00 Highest at 05:00 Low 95.8 路 High 155.0
21
馃嚪馃嚧 Romania
117.5 95.802:00 155.005:00 59.3 02:00-05:00 97.9 EUR/MWh Low 95.8 路 High 155.0 Lowest at 02:00 Highest at 05:00 Low 95.8 路 High 155.0
22
馃嚟馃嚭 Hungary
117.6 95.901:00 152.104:00 56.2 01:00-04:00 97.9 EUR/MWh Low 95.9 路 High 152.1 Lowest at 01:00 Highest at 04:00 Low 95.9 路 High 152.1
23
馃嚟馃嚪 Croatia
117.8 96.201:00 150.004:00 53.8 01:00-04:00 98.1 EUR/MWh Low 96.2 路 High 150.0 Lowest at 01:00 Highest at 04:00 Low 96.2 路 High 150.0
24
馃嚫馃嚠 Slovenia
118.2 96.201:00 148.804:00 52.6 01:00-04:00 98.2 EUR/MWh Low 96.2 路 High 148.8 Lowest at 01:00 Highest at 04:00 Low 96.2 路 High 148.8
25
馃嚘馃嚬 Austria
124.6 76.101:00 158.704:00 82.7 01:00-04:00 103.2 EUR/MWh Low 76.1 路 High 158.7 Lowest at 01:00 Highest at 04:00 Low 76.1 路 High 158.7
26
馃嚚馃嚟 Switzerland
129.6 120.003:00 144.204:00 24.2 03:00-06:00 121.0 EUR/MWh Low 120.0 路 High 144.2 Lowest at 03:00 Highest at 04:00 Low 120.0 路 High 144.2
27
馃嚠馃嚬 Italy
7 price areas
131.2 116.212:00 150.504:00 34.4 12:00-15:00 120.4 EUR/MWh Low 116.2 路 High 150.5 Lowest at 12:00 Highest at 04:00 Low 116.2 路 High 150.5
28
馃嚤馃嚬 Lithuania
134.3 71.100:00 221.505:00 150.4 00:00-03:00 93.7 EUR/MWh Low 71.1 路 High 221.5 Lowest at 00:00 Highest at 05:00 Low 71.1 路 High 221.5
29
馃嚤馃嚮 Latvia
134.3 71.100:00 221.505:00 150.4 00:00-03:00 93.7 EUR/MWh Low 71.1 路 High 221.5 Lowest at 00:00 Highest at 05:00 Low 71.1 路 High 221.5
30
馃嚠馃嚜 Ireland
148.6 102.903:00 231.003:00 128.1 03:00-06:00 104.6 EUR/MWh Low 102.9 路 High 231.0 Lowest at 03:00 Highest at 03:00 Low 102.9 路 High 231.0
31
馃嚝馃嚠 Finland
158.6 90.221:00 221.405:00 131.2 21:00-00:00 115.9 EUR/MWh Low 90.2 路 High 221.4 Lowest at 21:00 Highest at 05:00 Low 90.2 路 High 221.4
32
馃嚜馃嚜 Estonia
158.8 90.221:00 221.505:00 131.3 21:00-00:00 116.0 EUR/MWh Low 90.2 路 High 221.5 Lowest at 21:00 Highest at 05:00 Low 90.2 路 High 221.5

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