Daily electricity price rankings

Daily country electricity price ranking for 2026-03-12, based on published wholesale reference prices in EUR/MWh.

published actuals 32 countries 49 price series Wholesale only Latest source update: May 31, 18:25 GMT+2
Lowest wholesale avg 馃嚝馃嚠 Finland 11.7 EUR/MWh
Highest wholesale avg 馃嚠馃嚬 Italy 142.8 EUR/MWh
Largest wholesale spread 馃嚟馃嚭 Hungary 360.7 EUR/MWh

On Thursday, March 12, 2026, Finland ranked cheapest by average wholesale reference price among 32 current wholesale country groups, while Italy ranked highest by the same average wholesale reference measure. The largest wholesale spread was in Hungary: 360.7 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, March 12, 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
馃嚝馃嚠 Finland
11.7 2.721:00 31.505:00 28.8 21:00-00:00 4.8 EUR/MWh Low 2.7 路 High 31.5 Lowest at 21:00 Highest at 05:00 Low 2.7 路 High 31.5
2
馃嚫馃嚜 Sweden
4 price areas
18.0 0.821:00 47.704:00 46.9 21:00-00:00 4.0 EUR/MWh Low 0.8 路 High 47.7 Lowest at 21:00 Highest at 04:00 Low 0.8 路 High 47.7
3
馃嚜馃嚜 Estonia
27.1 5.603:00 101.705:00 96.1 03:00-06:00 7.2 EUR/MWh Low 5.6 路 High 101.7 Lowest at 03:00 Highest at 05:00 Low 5.6 路 High 101.7
4
馃嚤馃嚬 Lithuania
39.8 6.013:00 196.805:00 190.8 13:00-16:00 10.3 EUR/MWh Low 6.0 路 High 196.8 Lowest at 13:00 Highest at 05:00 Low 6.0 路 High 196.8
5
馃嚤馃嚮 Latvia
39.8 6.013:00 196.805:00 190.8 13:00-16:00 10.3 EUR/MWh Low 6.0 路 High 196.8 Lowest at 13:00 Highest at 05:00 Low 6.0 路 High 196.8
6
馃嚙馃嚪 Brazil
4 price areas
47.2 24.202:00 93.800:00 69.6 02:00-05:00 25.3 EUR/MWh Low 24.2 路 High 93.8 Lowest at 02:00 Highest at 00:00 Low 24.2 路 High 93.8
7
馃嚛馃嚢 Denmark
2 price areas
51.9 -0.112:00 131.004:00 131.2 12:00-15:00 0.0 EUR/MWh Low -0.1 路 High 131.0 Lowest at 12:00 Highest at 04:00 Low -0.1 路 High 131.0
8
馃嚝馃嚪 France
58.8 0.014:00 124.504:00 124.5 14:00-17:00 0.0 EUR/MWh Low 0.0 路 High 124.5 Lowest at 14:00 Highest at 04:00 Low 0.0 路 High 124.5
9
馃嚙馃嚜 Belgium
66.6 0.011:00 137.004:00 137.0 11:00-14:00 0.7 EUR/MWh Low 0.0 路 High 137.0 Lowest at 11:00 Highest at 04:00 Low 0.0 路 High 137.0
10
馃嚛馃嚜 Germany / Lux.
69.0 -3.012:00 164.304:00 167.3 12:00-15:00 -1.5 EUR/MWh Low -3.0 路 High 164.3 Lowest at 12:00 Highest at 04:00 Low -3.0 路 High 164.3
11
馃嚤馃嚭 Luxembourg
69.0 -2.512:00 137.104:00 139.6 12:00-15:00 -1.5 EUR/MWh Low -2.5 路 High 137.1 Lowest at 12:00 Highest at 04:00 Low -2.5 路 High 137.1
12
馃嚦馃嚤 Netherlands
69.2 -0.411:00 149.204:00 149.6 11:00-14:00 0.2 EUR/MWh Low -0.4 路 High 149.2 Lowest at 11:00 Highest at 04:00 Low -0.4 路 High 149.2
13
馃嚜馃嚫 Spain
69.8 -7.811:00 180.004:00 187.8 11:00-14:00 -0.8 EUR/MWh Low -7.8 路 High 180.0 Lowest at 11:00 Highest at 04:00 Low -7.8 路 High 180.0
14
馃嚦馃嚧 Norway
5 price areas
70.8 47.121:00 87.704:00 40.6 21:00-00:00 63.3 EUR/MWh Low 47.1 路 High 87.7 Lowest at 21:00 Highest at 04:00 Low 47.1 路 High 87.7
15
馃嚠馃嚜 Ireland
73.1 15.121:00 126.003:00 110.9 21:00-00:00 34.4 EUR/MWh Low 15.1 路 High 126.0 Lowest at 21:00 Highest at 03:00 Low 15.1 路 High 126.0
16
馃嚨馃嚬 Portugal
81.6 0.011:00 180.003:00 180.0 11:00-14:00 0.4 EUR/MWh Low 0.0 路 High 180.0 Lowest at 11:00 Highest at 03:00 Low 0.0 路 High 180.0
17
馃嚥馃嚜 Montenegro
88.1 5.111:00 186.204:00 181.1 11:00-14:00 5.1 EUR/MWh Low 5.1 路 High 186.2 Lowest at 11:00 Highest at 04:00 Low 5.1 路 High 186.2
18
馃嚞馃嚙 Great Britain wholesale
99.0 -1.221:00 161.503:00 162.7 21:00-00:00 42.1 EUR/MWh Low -1.2 路 High 161.5 Lowest at 21:00 Highest at 03:00 Low -1.2 路 High 161.5
19
馃嚘馃嚬 Austria
99.8 12.811:00 165.204:00 152.4 11:00-14:00 22.6 EUR/MWh Low 12.8 路 High 165.2 Lowest at 11:00 Highest at 04:00 Low 12.8 路 High 165.2
20
馃嚚馃嚳 Czechia
101.9 6.810:00 173.204:00 166.4 10:00-13:00 24.5 EUR/MWh Low 6.8 路 High 173.2 Lowest at 10:00 Highest at 04:00 Low 6.8 路 High 173.2
21
馃嚥馃嚢 North Macedonia
104.5 0.113:00 217.004:00 216.9 13:00-16:00 17.5 EUR/MWh Low 0.1 路 High 217.0 Lowest at 13:00 Highest at 04:00 Low 0.1 路 High 217.0
22
馃嚫馃嚠 Slovenia
109.8 7.711:00 231.704:00 224.0 11:00-14:00 17.0 EUR/MWh Low 7.7 路 High 231.7 Lowest at 11:00 Highest at 04:00 Low 7.7 路 High 231.7
23
馃嚟馃嚪 Croatia
113.5 7.911:00 243.204:00 235.3 11:00-14:00 16.3 EUR/MWh Low 7.9 路 High 243.2 Lowest at 11:00 Highest at 04:00 Low 7.9 路 High 243.2
24
馃嚪馃嚫 Serbia
116.2 44.811:00 210.004:00 165.2 11:00-14:00 44.9 EUR/MWh Low 44.8 路 High 210.0 Lowest at 11:00 Highest at 04:00 Low 44.8 路 High 210.0
25
馃嚘馃嚤 Albania
120.8 3.007:00 237.104:00 234.1 07:00-10:00 24.0 EUR/MWh Low 3.0 路 High 237.1 Lowest at 07:00 Highest at 04:00 Low 3.0 路 High 237.1
26
馃嚫馃嚢 Slovakia
123.6 9.211:00 317.404:00 308.2 11:00-14:00 21.7 EUR/MWh Low 9.2 路 High 317.4 Lowest at 11:00 Highest at 04:00 Low 9.2 路 High 317.4
27
馃嚙馃嚞 Bulgaria
124.4 3.512:00 278.805:00 275.3 12:00-15:00 7.8 EUR/MWh Low 3.5 路 High 278.8 Lowest at 12:00 Highest at 05:00 Low 3.5 路 High 278.8
28
馃嚞馃嚪 Greece
124.9 0.014:00 247.505:00 247.5 14:00-17:00 38.4 EUR/MWh Low 0.0 路 High 247.5 Lowest at 14:00 Highest at 05:00 Low 0.0 路 High 247.5
29
馃嚪馃嚧 Romania
126.9 3.512:00 289.905:00 286.4 12:00-15:00 7.8 EUR/MWh Low 3.5 路 High 289.9 Lowest at 12:00 Highest at 05:00 Low 3.5 路 High 289.9
30
馃嚟馃嚭 Hungary
134.7 8.811:00 369.504:00 360.7 11:00-14:00 21.4 EUR/MWh Low 8.8 路 High 369.5 Lowest at 11:00 Highest at 04:00 Low 8.8 路 High 369.5
31
馃嚚馃嚟 Switzerland
140.4 130.012:00 150.704:00 20.7 12:00-15:00 134.1 EUR/MWh Low 130.0 路 High 150.7 Lowest at 12:00 Highest at 04:00 Low 130.0 路 High 150.7
32
馃嚠馃嚬 Italy
7 price areas
142.8 106.402:00 181.804:00 75.4 02:00-05:00 128.0 EUR/MWh Low 106.4 路 High 181.8 Lowest at 02:00 Highest at 04:00 Low 106.4 路 High 181.8

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