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Daily electricity price rankings

Daily country electricity price ranking for 2026-05-12, based on published wholesale reference prices in EUR/MWh.

published actuals 33 countries 50 price series Wholesale only Latest source update: May 31, 18:35 GMT+2
Lowest wholesale avg 馃嚙馃嚪 Brazil 33.6 EUR/MWh
Highest wholesale avg 馃嚪馃嚧 Romania 127.8 EUR/MWh
Largest wholesale spread 馃嚙馃嚞 Bulgaria 287.2 EUR/MWh

On Tuesday, May 12, 2026, Brazil ranked cheapest by average wholesale reference price among 33 current wholesale country groups, while Romania ranked highest by the same average wholesale reference measure. The largest wholesale spread was in Bulgaria: 287.2 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 Tuesday, May 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
馃嚙馃嚪 Brazil
4 price areas 		33.6 9.8- 49.0- 39.2 10:00-13:00 9.8 EUR/MWh Low 9.8 路 High 49.0 High 49.0 Low 9.8 Low 9.8 路 High 49.0
2
馃嚜馃嚫 Spain
69.7 -6.4- 126.5- 132.9 14:00-17:00 -0.4 EUR/MWh Low -6.4 路 High 126.5 High 126.5 Low -6.4 Low -6.4 路 High 126.5
3
馃嚝馃嚪 France
71.9 0.0- 153.0- 153.0 14:00-17:00 0.5 EUR/MWh Low 0.0 路 High 153.0 High 153.0 Low 0.0 Low 0.0 路 High 153.0
4
馃嚘馃嚤 Albania
72.9 0.1- 151.2- 151.1 14:00-17:00 5.0 EUR/MWh Low 0.1 路 High 151.2 High 151.2 Low 0.1 Low 0.1 路 High 151.2
5
馃嚨馃嚬 Portugal
76.0 2.0- 126.5- 124.5 13:00-16:00 2.7 EUR/MWh Low 2.0 路 High 126.5 High 126.5 Low 2.0 Low 2.0 路 High 126.5
6
馃嚛馃嚜 Germany / Lux.
89.5 12.5- 163.6- 151.1 13:00-16:00 19.7 EUR/MWh Low 12.5 路 High 163.6 High 163.6 Low 12.5 Low 12.5 路 High 163.6
7
馃嚙馃嚜 Belgium
91.1 22.2- 153.8- 131.6 12:00-15:00 33.7 EUR/MWh Low 22.2 路 High 153.8 High 153.8 Low 22.2 Low 22.2 路 High 153.8
8
馃嚫馃嚢 Slovakia
91.4 34.2- 142.7- 108.5 12:00-15:00 46.0 EUR/MWh Low 34.2 路 High 142.7 High 142.7 Low 34.2 Low 34.2 路 High 142.7
9
馃嚦馃嚤 Netherlands
92.9 21.9- 153.5- 131.6 12:00-15:00 32.3 EUR/MWh Low 21.9 路 High 153.5 High 153.5 Low 21.9 Low 21.9 路 High 153.5
10
馃嚥馃嚢 North Macedonia
93.1 2.1- 172.4- 170.3 08:00-11:00 11.7 EUR/MWh Low 2.1 路 High 172.4 High 172.4 Low 2.1 Low 2.1 路 High 172.4
11
馃嚤馃嚭 Luxembourg
93.3 20.0- 143.0- 123.0 13:00-16:00 30.7 EUR/MWh Low 20.0 路 High 143.0 High 143.0 Low 20.0 Low 20.0 路 High 143.0
12
馃嚚馃嚳 Czechia
94.7 29.4- 146.8- 117.4 12:00-15:00 40.9 EUR/MWh Low 29.4 路 High 146.8 High 146.8 Low 29.4 Low 29.4 路 High 146.8
13
馃嚥馃嚜 Montenegro
96.2 13.4- 189.0- 175.6 14:00-17:00 20.8 EUR/MWh Low 13.4 路 High 189.0 High 189.0 Low 13.4 Low 13.4 路 High 189.0
14
馃嚛馃嚢 Denmark
2 price areas 		100.0 47.6- 151.7- 104.1 13:00-16:00 59.6 EUR/MWh Low 47.6 路 High 151.7 High 151.7 Low 47.6 Low 47.6 路 High 151.7
15
馃嚘馃嚬 Austria
101.5 23.2- 151.0- 127.8 12:00-15:00 56.8 EUR/MWh Low 23.2 路 High 151.0 High 151.0 Low 23.2 Low 23.2 路 High 151.0
16
馃嚨馃嚤 Poland
104.8 65.4- 142.8- 77.4 13:00-16:00 76.8 EUR/MWh Low 65.4 路 High 142.8 High 142.8 Low 65.4 Low 65.4 路 High 142.8
17
馃嚫馃嚜 Sweden
4 price areas 		105.5 74.2- 150.3- 76.1 02:00-05:00 86.5 EUR/MWh Low 74.2 路 High 150.3 High 150.3 Low 74.2 Low 74.2 路 High 150.3
18
馃嚝馃嚠 Finland
106.0 77.2- 150.3- 73.1 03:00-06:00 88.4 EUR/MWh Low 77.2 路 High 150.3 High 150.3 Low 77.2 Low 77.2 路 High 150.3
19
馃嚜馃嚜 Estonia
106.0 77.2- 150.3- 73.1 03:00-06:00 88.4 EUR/MWh Low 77.2 路 High 150.3 High 150.3 Low 77.2 Low 77.2 路 High 150.3
20
馃嚤馃嚬 Lithuania
106.1 77.2- 150.4- 73.2 03:00-06:00 88.6 EUR/MWh Low 77.2 路 High 150.4 High 150.4 Low 77.2 Low 77.2 路 High 150.4
21
馃嚤馃嚮 Latvia
106.1 77.2- 150.4- 73.2 03:00-06:00 88.6 EUR/MWh Low 77.2 路 High 150.4 High 150.4 Low 77.2 Low 77.2 路 High 150.4
22
馃嚫馃嚠 Slovenia
107.4 39.1- 180.9- 141.8 12:00-15:00 50.9 EUR/MWh Low 39.1 路 High 180.9 High 180.9 Low 39.1 Low 39.1 路 High 180.9
23
馃嚪馃嚫 Serbia
110.6 59.8- 225.0- 165.2 12:00-15:00 61.8 EUR/MWh Low 59.8 路 High 225.0 High 225.0 Low 59.8 Low 59.8 路 High 225.0
24
馃嚠馃嚜 Ireland
110.7 79.7- 136.1- 56.4 13:00-16:00 81.9 EUR/MWh Low 79.7 路 High 136.1 High 136.1 Low 79.7 Low 79.7 路 High 136.1
25
馃嚚馃嚟 Switzerland
110.7 66.0- 142.4- 76.4 12:00-15:00 67.7 EUR/MWh Low 66.0 路 High 142.4 High 142.4 Low 66.0 Low 66.0 路 High 142.4
26
馃嚞馃嚪 Greece
110.9 -0.1- 196.7- 196.8 11:00-14:00 0.0 EUR/MWh Low -0.1 路 High 196.7 High 196.7 Low -0.1 Low -0.1 路 High 196.7
27
馃嚟馃嚪 Croatia
111.6 38.3- 203.0- 164.8 12:00-15:00 49.8 EUR/MWh Low 38.3 路 High 203.0 High 203.0 Low 38.3 Low 38.3 路 High 203.0
28
馃嚦馃嚧 Norway
5 price areas 		113.2 80.1- 160.2- 80.1 01:00-04:00 94.6 EUR/MWh Low 80.1 路 High 160.2 High 160.2 Low 80.1 Low 80.1 路 High 160.2
29
馃嚙馃嚞 Bulgaria
113.4 12.8- 300.0- 287.2 13:00-16:00 48.2 EUR/MWh Low 12.8 路 High 300.0 High 300.0 Low 12.8 Low 12.8 路 High 300.0
30
馃嚞馃嚙 Great Britain wholesale
116.6 64.1- 179.4- 115.2 11:00-14:00 75.0 EUR/MWh Low 64.1 路 High 179.4 High 179.4 Low 64.1 Low 64.1 路 High 179.4
31
馃嚠馃嚬 Italy
7 price areas 		122.2 11.2- 169.5- 158.3 12:00-15:00 50.7 EUR/MWh Low 11.2 路 High 169.5 High 169.5 Low 11.2 Low 11.2 路 High 169.5
32
馃嚟馃嚭 Hungary
123.2 36.5- 264.9- 228.4 12:00-15:00 47.8 EUR/MWh Low 36.5 路 High 264.9 High 264.9 Low 36.5 Low 36.5 路 High 264.9
33
馃嚪馃嚧 Romania
127.8 36.7- 300.0- 263.3 13:00-16:00 48.2 EUR/MWh Low 36.7 路 High 300.0 High 300.0 Low 36.7 Low 36.7 路 High 300.0

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
CCEE Open Data, ENTSO-E Transparency Platform, SMARD Bundesnetzagentur, PSE Reports API, Elexon BMRS Open Data
Methodology