Daily electricity price rankings

Daily country electricity price ranking for 2026-02-04, based on published wholesale reference prices in EUR/MWh.

published actuals 31 countries 48 price series Wholesale only Latest source update: May 31, 18:36 GMT+2
Lowest wholesale avg 馃嚨馃嚬 Portugal 8.0 EUR/MWh
Highest wholesale avg 馃嚝馃嚠 Finland 209.9 EUR/MWh
Largest wholesale spread 馃嚜馃嚜 Estonia 312.1 EUR/MWh

On Wednesday, February 4, 2026, Portugal ranked cheapest by average wholesale reference price among 31 current wholesale country groups, while Finland ranked highest by the same average wholesale reference measure. The largest wholesale spread was in Estonia: 312.1 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 Wednesday, February 4, 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
8.0 -0.104:00 38.403:00 38.4 04:00-07:00 0.0 EUR/MWh Low -0.1 路 High 38.4 Lowest at 04:00 Highest at 03:00 Low -0.1 路 High 38.4
2
馃嚜馃嚫 Spain
17.9 -9.712:00 65.104:00 74.8 12:00-15:00 -2.5 EUR/MWh Low -9.7 路 High 65.1 Lowest at 12:00 Highest at 04:00 Low -9.7 路 High 65.1
3
馃嚥馃嚜 Montenegro
74.3 41.202:00 99.004:00 57.8 02:00-05:00 42.4 EUR/MWh Low 41.2 路 High 99.0 Lowest at 02:00 Highest at 04:00 Low 41.2 路 High 99.0
4
馃嚥馃嚢 North Macedonia
84.8 43.102:00 111.704:00 68.6 02:00-05:00 45.7 EUR/MWh Low 43.1 路 High 111.7 Lowest at 02:00 Highest at 04:00 Low 43.1 路 High 111.7
5
馃嚘馃嚤 Albania
87.6 44.102:00 123.004:00 78.9 02:00-05:00 49.1 EUR/MWh Low 44.1 路 High 123.0 Lowest at 02:00 Highest at 04:00 Low 44.1 路 High 123.0
6
馃嚝馃嚪 France
88.7 49.903:00 137.604:00 87.7 03:00-06:00 72.2 EUR/MWh Low 49.9 路 High 137.6 Lowest at 03:00 Highest at 04:00 Low 49.9 路 High 137.6
7
馃嚙馃嚪 Brazil
4 price areas
92.7 56.111:00 266.900:00 210.8 11:00-14:00 59.2 EUR/MWh Low 56.1 路 High 266.9 Lowest at 11:00 Highest at 00:00 Low 56.1 路 High 266.9
8
馃嚛馃嚢 Denmark
2 price areas
98.2 78.203:00 130.004:00 51.7 03:00-06:00 87.0 EUR/MWh Low 78.2 路 High 130.0 Lowest at 03:00 Highest at 04:00 Low 78.2 路 High 130.0
9
馃嚪馃嚫 Serbia
99.7 53.002:00 150.204:00 97.2 02:00-05:00 59.3 EUR/MWh Low 53.0 路 High 150.2 Lowest at 02:00 Highest at 04:00 Low 53.0 路 High 150.2
10
馃嚙馃嚜 Belgium
101.0 79.821:00 138.104:00 58.4 21:00-00:00 89.5 EUR/MWh Low 79.8 路 High 138.1 Lowest at 21:00 Highest at 04:00 Low 79.8 路 High 138.1
11
馃嚦馃嚤 Netherlands
101.2 79.821:00 137.804:00 58.0 21:00-00:00 90.5 EUR/MWh Low 79.8 路 High 137.8 Lowest at 21:00 Highest at 04:00 Low 79.8 路 High 137.8
12
馃嚞馃嚪 Greece
101.5 0.014:00 137.705:00 137.7 14:00-17:00 73.8 EUR/MWh Low 0.0 路 High 137.7 Lowest at 14:00 Highest at 05:00 Low 0.0 路 High 137.7
13
馃嚦馃嚧 Norway
5 price areas
102.8 85.301:00 133.904:00 48.7 01:00-04:00 93.8 EUR/MWh Low 85.3 路 High 133.9 Lowest at 01:00 Highest at 04:00 Low 85.3 路 High 133.9
14
馃嚤馃嚭 Luxembourg
103.0 86.321:00 131.604:00 45.3 21:00-00:00 91.6 EUR/MWh Low 86.3 路 High 131.6 Lowest at 21:00 Highest at 04:00 Low 86.3 路 High 131.6
15
馃嚫馃嚜 Sweden
4 price areas
103.4 74.621:00 146.604:00 71.9 21:00-00:00 89.3 EUR/MWh Low 74.6 路 High 146.6 Lowest at 21:00 Highest at 04:00 Low 74.6 路 High 146.6
16
馃嚠馃嚜 Ireland
104.7 82.521:00 128.803:00 46.4 21:00-00:00 87.9 EUR/MWh Low 82.5 路 High 128.8 Lowest at 21:00 Highest at 03:00 Low 82.5 路 High 128.8
17
馃嚛馃嚜 Germany / Lux.
106.8 86.001:00 148.104:00 62.1 01:00-04:00 91.9 EUR/MWh Low 86.0 路 High 148.1 Lowest at 01:00 Highest at 04:00 Low 86.0 路 High 148.1
18
馃嚚馃嚳 Czechia
127.3 79.821:00 190.704:00 110.9 21:00-00:00 97.4 EUR/MWh Low 79.8 路 High 190.7 Lowest at 21:00 Highest at 04:00 Low 79.8 路 High 190.7
19
馃嚙馃嚞 Bulgaria
130.2 87.903:00 169.405:00 81.5 03:00-06:00 102.8 EUR/MWh Low 87.9 路 High 169.4 Lowest at 03:00 Highest at 05:00 Low 87.9 路 High 169.4
20
馃嚪馃嚧 Romania
130.2 87.903:00 169.405:00 81.5 03:00-06:00 102.8 EUR/MWh Low 87.9 路 High 169.4 Lowest at 03:00 Highest at 05:00 Low 87.9 路 High 169.4
21
馃嚟馃嚪 Croatia
130.4 79.821:00 165.804:00 86.0 21:00-00:00 100.9 EUR/MWh Low 79.8 路 High 165.8 Lowest at 21:00 Highest at 04:00 Low 79.8 路 High 165.8
22
馃嚫馃嚠 Slovenia
130.5 79.821:00 164.404:00 84.6 21:00-00:00 101.3 EUR/MWh Low 79.8 路 High 164.4 Lowest at 21:00 Highest at 04:00 Low 79.8 路 High 164.4
23
馃嚫馃嚢 Slovakia
132.4 79.821:00 173.604:00 93.8 21:00-00:00 100.0 EUR/MWh Low 79.8 路 High 173.6 Lowest at 21:00 Highest at 04:00 Low 79.8 路 High 173.6
24
馃嚟馃嚭 Hungary
132.6 79.821:00 170.504:00 90.8 21:00-00:00 100.7 EUR/MWh Low 79.8 路 High 170.5 Lowest at 21:00 Highest at 04:00 Low 79.8 路 High 170.5
25
馃嚠馃嚬 Italy
7 price areas
133.6 110.402:00 158.304:00 47.9 02:00-05:00 116.0 EUR/MWh Low 110.4 路 High 158.3 Lowest at 02:00 Highest at 04:00 Low 110.4 路 High 158.3
26
馃嚘馃嚬 Austria
134.3 75.001:00 169.704:00 94.6 01:00-04:00 102.4 EUR/MWh Low 75.0 路 High 169.7 Lowest at 01:00 Highest at 04:00 Low 75.0 路 High 169.7
27
馃嚚馃嚟 Switzerland
136.8 114.002:00 153.604:00 39.6 02:00-05:00 114.9 EUR/MWh Low 114.0 路 High 153.6 Lowest at 02:00 Highest at 04:00 Low 114.0 路 High 153.6
28
馃嚜馃嚜 Estonia
208.1 87.921:00 400.005:00 312.1 21:00-00:00 125.2 EUR/MWh Low 87.9 路 High 400.0 Lowest at 21:00 Highest at 05:00 Low 87.9 路 High 400.0
29
馃嚤馃嚬 Lithuania
208.1 87.921:00 400.005:00 312.1 21:00-00:00 125.2 EUR/MWh Low 87.9 路 High 400.0 Lowest at 21:00 Highest at 05:00 Low 87.9 路 High 400.0
30
馃嚤馃嚮 Latvia
208.1 87.921:00 400.005:00 312.1 21:00-00:00 125.2 EUR/MWh Low 87.9 路 High 400.0 Lowest at 21:00 Highest at 05:00 Low 87.9 路 High 400.0
31
馃嚝馃嚠 Finland
209.9 87.921:00 399.705:00 311.8 21:00-00:00 125.2 EUR/MWh Low 87.9 路 High 399.7 Lowest at 21:00 Highest at 05:00 Low 87.9 路 High 399.7

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
Methodology