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Daily electricity price rankings

Daily country electricity price ranking for 2026-05-18, based on published wholesale reference prices in EUR/MWh.

published actuals 32 countries 49 price series Wholesale only Latest source update: May 31, 18:35 GMT+2
Lowest wholesale avg 馃嚙馃嚪 Brazil 34.6 EUR/MWh
Highest wholesale avg 馃嚪馃嚧 Romania 144.2 EUR/MWh
Largest wholesale spread 馃嚞馃嚪 Greece 257.6 EUR/MWh

On Monday, May 18, 2026, Brazil ranked cheapest by average wholesale reference price among 32 current wholesale country groups, while Romania ranked highest by the same average wholesale reference measure. The largest wholesale spread was in Greece: 257.6 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 Monday, May 18, 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 		34.6 21.0- 63.1- 42.0 08:00-11:00 27.2 EUR/MWh Low 21.0 路 High 63.1 High 63.1 Low 21.0 Low 21.0 路 High 63.1
2
馃嚜馃嚫 Spain
67.6 0.0- 133.0- 133.0 16:00-19:00 11.4 EUR/MWh Low 0.0 路 High 133.0 High 133.0 Low 0.0 Low 0.0 路 High 133.0
3
馃嚘馃嚤 Albania
69.9 1.5- 139.0- 137.5 07:00-10:00 40.8 EUR/MWh Low 1.5 路 High 139.0 High 139.0 Low 1.5 Low 1.5 路 High 139.0
4
馃嚨馃嚬 Portugal
73.7 0.0- 133.0- 133.0 15:00-18:00 5.2 EUR/MWh Low 0.0 路 High 133.0 High 133.0 Low 0.0 Low 0.0 路 High 133.0
5
馃嚝馃嚪 France
79.5 1.4- 144.9- 143.5 15:00-18:00 32.8 EUR/MWh Low 1.4 路 High 144.9 High 144.9 Low 1.4 Low 1.4 路 High 144.9
6
馃嚪馃嚫 Serbia
82.3 11.0- 199.0- 188.0 12:00-15:00 19.7 EUR/MWh Low 11.0 路 High 199.0 High 199.0 Low 11.0 Low 11.0 路 High 199.0
7
馃嚥馃嚜 Montenegro
84.2 10.0- 170.0- 160.0 12:00-15:00 10.3 EUR/MWh Low 10.0 路 High 170.0 High 170.0 Low 10.0 Low 10.0 路 High 170.0
8
馃嚥馃嚢 North Macedonia
95.4 0.1- 216.5- 216.4 13:00-16:00 16.7 EUR/MWh Low 0.1 路 High 216.5 High 216.5 Low 0.1 Low 0.1 路 High 216.5
9
馃嚝馃嚠 Finland
98.5 43.0- 150.0- 107.0 02:00-05:00 50.4 EUR/MWh Low 43.0 路 High 150.0 High 150.0 Low 43.0 Low 43.0 路 High 150.0
10
馃嚜馃嚜 Estonia
105.0 43.0- 150.0- 107.0 03:00-06:00 70.8 EUR/MWh Low 43.0 路 High 150.0 High 150.0 Low 43.0 Low 43.0 路 High 150.0
11
馃嚫馃嚜 Sweden
4 price areas 		106.2 66.7- 164.5- 97.8 01:00-04:00 80.2 EUR/MWh Low 66.7 路 High 164.5 High 164.5 Low 66.7 Low 66.7 路 High 164.5
12
馃嚦馃嚧 Norway
5 price areas 		113.6 83.4- 182.6- 99.2 01:00-04:00 97.4 EUR/MWh Low 83.4 路 High 182.6 High 182.6 Low 83.4 Low 83.4 路 High 182.6
13
馃嚤馃嚬 Lithuania
127.8 88.7- 190.5- 101.8 13:00-16:00 96.5 EUR/MWh Low 88.7 路 High 190.5 High 190.5 Low 88.7 Low 88.7 路 High 190.5
14
馃嚤馃嚮 Latvia
127.8 88.7- 190.5- 101.8 13:00-16:00 96.5 EUR/MWh Low 88.7 路 High 190.5 High 190.5 Low 88.7 Low 88.7 路 High 190.5
15
馃嚛馃嚜 Germany / Lux.
132.3 80.4- 250.0- 169.7 12:00-15:00 86.2 EUR/MWh Low 80.4 路 High 250.0 High 250.0 Low 80.4 Low 80.4 路 High 250.0
16
馃嚘馃嚬 Austria
132.7 69.5- 246.1- 176.6 12:00-15:00 81.6 EUR/MWh Low 69.5 路 High 246.1 High 246.1 Low 69.5 Low 69.5 路 High 246.1
17
馃嚙馃嚜 Belgium
133.6 83.2- 237.3- 154.1 12:00-15:00 93.1 EUR/MWh Low 83.2 路 High 237.3 High 237.3 Low 83.2 Low 83.2 路 High 237.3
18
馃嚛馃嚢 Denmark
2 price areas 		135.1 88.4- 237.6- 149.2 12:00-15:00 96.0 EUR/MWh Low 88.4 路 High 237.6 High 237.6 Low 88.4 Low 88.4 路 High 237.6
19
馃嚞馃嚪 Greece
135.2 0.0- 257.6- 257.6 16:00-19:00 63.7 EUR/MWh Low 0.0 路 High 257.6 High 257.6 Low 0.0 Low 0.0 路 High 257.6
20
馃嚚馃嚟 Switzerland
136.0 97.8- 190.0- 92.2 12:00-15:00 99.3 EUR/MWh Low 97.8 路 High 190.0 High 190.0 Low 97.8 Low 97.8 路 High 190.0
21
馃嚦馃嚤 Netherlands
136.1 85.1- 255.4- 170.2 12:00-15:00 93.6 EUR/MWh Low 85.1 路 High 255.4 High 255.4 Low 85.1 Low 85.1 路 High 255.4
22
馃嚞馃嚙 Great Britain wholesale
136.4 113.7- 159.5- 45.7 13:00-16:00 116.7 EUR/MWh Low 113.7 路 High 159.5 High 159.5 Low 113.7 Low 113.7 路 High 159.5
23
馃嚠馃嚬 Italy
7 price areas 		137.9 62.0- 199.8- 137.8 11:00-14:00 92.8 EUR/MWh Low 62.0 路 High 199.8 High 199.8 Low 62.0 Low 62.0 路 High 199.8
24
馃嚨馃嚤 Poland
138.7 100.8- 255.7- 154.9 11:00-14:00 101.3 EUR/MWh Low 100.8 路 High 255.7 High 255.7 Low 100.8 Low 100.8 路 High 255.7
25
馃嚤馃嚭 Luxembourg
138.9 94.9- 250.9- 156.0 12:00-15:00 95.6 EUR/MWh Low 94.9 路 High 250.9 High 250.9 Low 94.9 Low 94.9 路 High 250.9
26
馃嚙馃嚞 Bulgaria
140.5 20.0- 257.6- 237.6 12:00-15:00 95.6 EUR/MWh Low 20.0 路 High 257.6 High 257.6 Low 20.0 Low 20.0 路 High 257.6
27
馃嚚馃嚳 Czechia
140.5 88.9- 284.9- 196.0 12:00-15:00 96.7 EUR/MWh Low 88.9 路 High 284.9 High 284.9 Low 88.9 Low 88.9 路 High 284.9
28
馃嚫馃嚢 Slovakia
140.7 89.2- 287.0- 197.9 12:00-15:00 97.0 EUR/MWh Low 89.2 路 High 287.0 High 287.0 Low 89.2 Low 89.2 路 High 287.0
29
馃嚟馃嚭 Hungary
143.2 89.5- 311.8- 222.3 12:00-15:00 97.3 EUR/MWh Low 89.5 路 High 311.8 High 311.8 Low 89.5 Low 89.5 路 High 311.8
30
馃嚫馃嚠 Slovenia
143.2 90.2- 294.0- 203.9 11:00-14:00 97.4 EUR/MWh Low 90.2 路 High 294.0 High 294.0 Low 90.2 Low 90.2 路 High 294.0
31
馃嚟馃嚪 Croatia
143.4 90.1- 293.3- 203.3 11:00-14:00 97.2 EUR/MWh Low 90.1 路 High 293.3 High 293.3 Low 90.1 Low 90.1 路 High 293.3
32
馃嚪馃嚧 Romania
144.2 80.0- 320.7- 240.7 12:00-15:00 95.6 EUR/MWh Low 80.0 路 High 320.7 High 320.7 Low 80.0 Low 80.0 路 High 320.7

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, Elexon BMRS Open Data, PSE Reports API, SMARD Bundesnetzagentur
Methodology