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Daily electricity price rankings

Daily country electricity price ranking for 2026-05-16, 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 25.7 EUR/MWh
Highest wholesale avg 馃嚠馃嚜 Ireland 146.3 EUR/MWh
Largest wholesale spread 馃嚘馃嚬 Austria 194.0 EUR/MWh

On Saturday, May 16, 2026, Brazil ranked cheapest by average wholesale reference price among 33 current wholesale country groups, while Ireland ranked highest by the same average wholesale reference measure. The largest wholesale spread was in Austria: 194.0 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, May 16, 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 		25.7 9.8- 59.3- 49.5 07:00-10:00 9.8 EUR/MWh Low 9.8 路 High 59.3 High 59.3 Low 9.8 Low 9.8 路 High 59.3
2
馃嚜馃嚫 Spain
41.6 -6.7- 113.7- 120.4 13:00-16:00 -2.3 EUR/MWh Low -6.7 路 High 113.7 High 113.7 Low -6.7 Low -6.7 路 High 113.7
3
馃嚨馃嚬 Portugal
51.2 -1.0- 113.7- 114.7 13:00-16:00 -0.8 EUR/MWh Low -1.0 路 High 113.7 High 113.7 Low -1.0 Low -1.0 路 High 113.7
4
馃嚝馃嚪 France
59.0 -0.1- 137.9- 138.0 13:00-16:00 -0.1 EUR/MWh Low -0.1 路 High 137.9 High 137.9 Low -0.1 Low -0.1 路 High 137.9
5
馃嚥馃嚢 North Macedonia
70.1 2.1- 134.5- 132.4 10:00-13:00 5.7 EUR/MWh Low 2.1 路 High 134.5 High 134.5 Low 2.1 Low 2.1 路 High 134.5
6
馃嚘馃嚤 Albania
71.8 24.0- 111.1- 87.1 13:00-16:00 25.8 EUR/MWh Low 24.0 路 High 111.1 High 111.1 Low 24.0 Low 24.0 路 High 111.1
7
馃嚙馃嚜 Belgium
75.9 -0.9- 145.7- 146.5 13:00-16:00 -0.6 EUR/MWh Low -0.9 路 High 145.7 High 145.7 Low -0.9 Low -0.9 路 High 145.7
8
馃嚫馃嚜 Sweden
4 price areas 		77.8 16.6- 123.6- 107.0 12:00-15:00 34.4 EUR/MWh Low 16.6 路 High 123.6 High 123.6 Low 16.6 Low 16.6 路 High 123.6
9
馃嚤馃嚭 Luxembourg
78.3 -2.2- 140.7- 142.9 12:00-15:00 -1.8 EUR/MWh Low -2.2 路 High 140.7 High 140.7 Low -2.2 Low -2.2 路 High 140.7
10
馃嚝馃嚠 Finland
78.4 18.5- 123.2- 104.7 13:00-16:00 37.3 EUR/MWh Low 18.5 路 High 123.2 High 123.2 Low 18.5 Low 18.5 路 High 123.2
11
馃嚞馃嚪 Greece
79.6 0.0- 148.7- 148.7 14:00-17:00 6.8 EUR/MWh Low 0.0 路 High 148.7 High 148.7 Low 0.0 Low 0.0 路 High 148.7
12
馃嚦馃嚤 Netherlands
79.7 -1.5- 146.1- 147.6 12:00-15:00 -1.1 EUR/MWh Low -1.5 路 High 146.1 High 146.1 Low -1.5 Low -1.5 路 High 146.1
13
馃嚙馃嚞 Bulgaria
80.1 3.2- 158.3- 155.1 14:00-17:00 6.8 EUR/MWh Low 3.2 路 High 158.3 High 158.3 Low 3.2 Low 3.2 路 High 158.3
14
馃嚫馃嚢 Slovakia
82.5 0.5- 147.2- 146.8 12:00-15:00 7.1 EUR/MWh Low 0.5 路 High 147.2 High 147.2 Low 0.5 Low 0.5 路 High 147.2
15
馃嚛馃嚜 Germany / Lux.
82.7 -12.6- 168.6- 181.2 13:00-16:00 0.7 EUR/MWh Low -12.6 路 High 168.6 High 168.6 Low -12.6 Low -12.6 路 High 168.6
16
馃嚚馃嚟 Switzerland
82.8 -5.0- 143.0- 148.0 12:00-15:00 -3.6 EUR/MWh Low -5.0 路 High 143.0 High 143.0 Low -5.0 Low -5.0 路 High 143.0
17
馃嚚馃嚳 Czechia
83.6 -0.4- 147.0- 147.3 14:00-17:00 8.0 EUR/MWh Low -0.4 路 High 147.0 High 147.0 Low -0.4 Low -0.4 路 High 147.0
18
馃嚪馃嚧 Romania
83.8 3.2- 158.3- 155.1 14:00-17:00 6.8 EUR/MWh Low 3.2 路 High 158.3 High 158.3 Low 3.2 Low 3.2 路 High 158.3
19
馃嚥馃嚜 Montenegro
84.2 18.0- 133.6- 115.6 12:00-15:00 21.3 EUR/MWh Low 18.0 路 High 133.6 High 133.6 Low 18.0 Low 18.0 路 High 133.6
20
馃嚜馃嚜 Estonia
84.3 18.5- 140.3- 121.8 12:00-15:00 36.6 EUR/MWh Low 18.5 路 High 140.3 High 140.3 Low 18.5 Low 18.5 路 High 140.3
21
馃嚟馃嚪 Croatia
84.5 1.8- 147.9- 146.2 13:00-16:00 6.1 EUR/MWh Low 1.8 路 High 147.9 High 147.9 Low 1.8 Low 1.8 路 High 147.9
22
馃嚫馃嚠 Slovenia
84.6 1.4- 148.0- 146.6 13:00-16:00 5.9 EUR/MWh Low 1.4 路 High 148.0 High 148.0 Low 1.4 Low 1.4 路 High 148.0
23
馃嚟馃嚭 Hungary
85.0 3.2- 155.1- 151.8 12:00-15:00 7.2 EUR/MWh Low 3.2 路 High 155.1 High 155.1 Low 3.2 Low 3.2 路 High 155.1
24
馃嚛馃嚢 Denmark
2 price areas 		85.7 6.2- 144.3- 138.0 14:00-17:00 14.0 EUR/MWh Low 6.2 路 High 144.3 High 144.3 Low 6.2 Low 6.2 路 High 144.3
25
馃嚦馃嚧 Norway
5 price areas 		86.5 57.3- 113.5- 56.2 12:00-15:00 64.3 EUR/MWh Low 57.3 路 High 113.5 High 113.5 Low 57.3 Low 57.3 路 High 113.5
26
馃嚤馃嚬 Lithuania
87.9 18.5- 142.4- 123.9 12:00-15:00 36.6 EUR/MWh Low 18.5 路 High 142.4 High 142.4 Low 18.5 Low 18.5 路 High 142.4
27
馃嚤馃嚮 Latvia
87.9 18.5- 142.4- 123.9 12:00-15:00 36.6 EUR/MWh Low 18.5 路 High 142.4 High 142.4 Low 18.5 Low 18.5 路 High 142.4
28
馃嚘馃嚬 Austria
91.1 -34.6- 159.4- 194.0 13:00-16:00 5.5 EUR/MWh Low -34.6 路 High 159.4 High 159.4 Low -34.6 Low -34.6 路 High 159.4
29
馃嚪馃嚫 Serbia
95.5 24.9- 160.0- 135.1 12:00-15:00 25.0 EUR/MWh Low 24.9 路 High 160.0 High 160.0 Low 24.9 Low 24.9 路 High 160.0
30
馃嚨馃嚤 Poland
115.1 91.8- 149.2- 57.3 10:00-13:00 95.2 EUR/MWh Low 91.8 路 High 149.2 High 149.2 Low 91.8 Low 91.8 路 High 149.2
31
馃嚠馃嚬 Italy
7 price areas 		120.8 3.7- 160.4- 156.6 15:00-18:00 29.9 EUR/MWh Low 3.7 路 High 160.4 High 160.4 Low 3.7 Low 3.7 路 High 160.4
32
馃嚞馃嚙 Great Britain wholesale
126.1 112.5- 144.3- 31.8 04:00-07:00 116.4 EUR/MWh Low 112.5 路 High 144.3 High 144.3 Low 112.5 Low 112.5 路 High 144.3
33
馃嚠馃嚜 Ireland
146.3 124.4- 187.7- 63.3 14:00-17:00 125.6 EUR/MWh Low 124.4 路 High 187.7 High 187.7 Low 124.4 Low 124.4 路 High 187.7

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