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Daily electricity price rankings

Daily country electricity price ranking for 2026-05-20, 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 30.9 EUR/MWh
Highest wholesale avg 馃嚠馃嚬 Italy 130.2 EUR/MWh
Largest wholesale spread 馃嚫馃嚠 Slovenia 261.2 EUR/MWh

On Wednesday, May 20, 2026, Brazil ranked cheapest by average wholesale reference price among 33 current wholesale country groups, while Italy ranked highest by the same average wholesale reference measure. The largest wholesale spread was in Slovenia: 261.2 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 Wednesday, May 20, 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 		30.9 9.9- 45.6- 35.8 10:00-13:00 14.2 EUR/MWh Low 9.9 路 High 45.6 High 45.6 Low 9.9 Low 9.9 路 High 45.6
2
馃嚝馃嚠 Finland
47.8 10.0- 100.8- 90.8 01:00-04:00 13.8 EUR/MWh Low 10.0 路 High 100.8 High 100.8 Low 10.0 Low 10.0 路 High 100.8
3
馃嚜馃嚫 Spain
57.0 -11.0- 139.4- 150.4 15:00-18:00 -0.2 EUR/MWh Low -11.0 路 High 139.4 High 139.4 Low -11.0 Low -11.0 路 High 139.4
4
馃嚝馃嚪 France
61.4 0.0- 139.4- 139.4 10:00-13:00 0.1 EUR/MWh Low 0.0 路 High 139.4 High 139.4 Low 0.0 Low 0.0 路 High 139.4
5
馃嚪馃嚫 Serbia
63.7 2.5- 165.0- 162.5 12:00-15:00 6.4 EUR/MWh Low 2.5 路 High 165.0 High 165.0 Low 2.5 Low 2.5 路 High 165.0
6
馃嚥馃嚜 Montenegro
67.0 0.0- 129.0- 129.0 08:00-11:00 8.0 EUR/MWh Low 0.0 路 High 129.0 High 129.0 Low 0.0 Low 0.0 路 High 129.0
7
馃嚫馃嚜 Sweden
4 price areas 		69.8 14.4- 123.4- 109.0 13:00-16:00 44.1 EUR/MWh Low 14.4 路 High 123.4 High 123.4 Low 14.4 Low 14.4 路 High 123.4
8
馃嚜馃嚜 Estonia
70.0 10.0- 147.8- 137.8 01:00-04:00 32.9 EUR/MWh Low 10.0 路 High 147.8 High 147.8 Low 10.0 Low 10.0 路 High 147.8
9
馃嚥馃嚢 North Macedonia
73.2 0.1- 130.0- 129.9 11:00-14:00 2.3 EUR/MWh Low 0.1 路 High 130.0 High 130.0 Low 0.1 Low 0.1 路 High 130.0
10
馃嚨馃嚬 Portugal
73.6 0.0- 139.4- 139.4 13:00-16:00 0.0 EUR/MWh Low 0.0 路 High 139.4 High 139.4 Low 0.0 Low 0.0 路 High 139.4
11
馃嚦馃嚧 Norway
5 price areas 		81.2 29.7- 122.6- 92.9 13:00-16:00 42.9 EUR/MWh Low 29.7 路 High 122.6 High 122.6 Low 29.7 Low 29.7 路 High 122.6
12
馃嚙馃嚜 Belgium
92.8 12.9- 175.5- 162.5 13:00-16:00 29.6 EUR/MWh Low 12.9 路 High 175.5 High 175.5 Low 12.9 Low 12.9 路 High 175.5
13
馃嚫馃嚠 Slovenia
97.5 -72.7- 188.5- 261.2 09:00-12:00 -11.0 EUR/MWh Low -72.7 路 High 188.5 High 188.5 Low -72.7 Low -72.7 路 High 188.5
14
馃嚘馃嚤 Albania
99.0 3.0- 259.7- 256.7 12:00-15:00 3.8 EUR/MWh Low 3.0 路 High 259.7 High 259.7 Low 3.0 Low 3.0 路 High 259.7
15
馃嚟馃嚪 Croatia
99.2 -38.8- 191.7- 230.5 09:00-12:00 1.1 EUR/MWh Low -38.8 路 High 191.7 High 191.7 Low -38.8 Low -38.8 路 High 191.7
16
馃嚞馃嚪 Greece
99.7 -0.1- 209.5- 209.6 10:00-13:00 0.0 EUR/MWh Low -0.1 路 High 209.5 High 209.5 Low -0.1 Low -0.1 路 High 209.5
17
馃嚦馃嚤 Netherlands
100.0 15.3- 177.4- 162.1 13:00-16:00 35.1 EUR/MWh Low 15.3 路 High 177.4 High 177.4 Low 15.3 Low 15.3 路 High 177.4
18
馃嚙馃嚞 Bulgaria
103.2 10.2- 214.3- 204.1 11:00-14:00 22.8 EUR/MWh Low 10.2 路 High 214.3 High 214.3 Low 10.2 Low 10.2 路 High 214.3
19
馃嚪馃嚧 Romania
103.8 10.2- 214.3- 204.1 11:00-14:00 22.8 EUR/MWh Low 10.2 路 High 214.3 High 214.3 Low 10.2 Low 10.2 路 High 214.3
20
馃嚛馃嚜 Germany / Lux.
104.7 22.2- 169.4- 147.2 13:00-16:00 38.9 EUR/MWh Low 22.2 路 High 169.4 High 169.4 Low 22.2 Low 22.2 路 High 169.4
21
馃嚤馃嚮 Latvia
106.7 18.3- 185.3- 167.1 14:00-17:00 44.2 EUR/MWh Low 18.3 路 High 185.3 High 185.3 Low 18.3 Low 18.3 路 High 185.3
22
馃嚟馃嚭 Hungary
107.0 19.8- 207.3- 187.4 10:00-13:00 30.1 EUR/MWh Low 19.8 路 High 207.3 High 207.3 Low 19.8 Low 19.8 路 High 207.3
23
馃嚤馃嚬 Lithuania
107.2 18.3- 185.3- 167.1 14:00-17:00 44.2 EUR/MWh Low 18.3 路 High 185.3 High 185.3 Low 18.3 Low 18.3 路 High 185.3
24
馃嚨馃嚤 Poland
107.5 26.0- 189.4- 163.5 12:00-15:00 35.5 EUR/MWh Low 26.0 路 High 189.4 High 189.4 Low 26.0 Low 26.0 路 High 189.4
25
馃嚫馃嚢 Slovakia
107.6 19.5- 186.4- 166.8 13:00-16:00 41.7 EUR/MWh Low 19.5 路 High 186.4 High 186.4 Low 19.5 Low 19.5 路 High 186.4
26
馃嚤馃嚭 Luxembourg
108.9 33.5- 167.9- 134.4 13:00-16:00 41.4 EUR/MWh Low 33.5 路 High 167.9 High 167.9 Low 33.5 Low 33.5 路 High 167.9
27
馃嚛馃嚢 Denmark
2 price areas 		109.0 18.2- 183.7- 165.5 13:00-16:00 43.1 EUR/MWh Low 18.2 路 High 183.7 High 183.7 Low 18.2 Low 18.2 路 High 183.7
28
馃嚚馃嚟 Switzerland
110.6 25.1- 155.8- 130.7 13:00-16:00 34.7 EUR/MWh Low 25.1 路 High 155.8 High 155.8 Low 25.1 Low 25.1 路 High 155.8
29
馃嚚馃嚳 Czechia
111.5 19.2- 185.7- 166.5 13:00-16:00 44.2 EUR/MWh Low 19.2 路 High 185.7 High 185.7 Low 19.2 Low 19.2 路 High 185.7
30
馃嚘馃嚬 Austria
113.3 30.0- 170.8- 140.8 13:00-16:00 47.5 EUR/MWh Low 30.0 路 High 170.8 High 170.8 Low 30.0 Low 30.0 路 High 170.8
31
馃嚠馃嚜 Ireland
129.0 100.4- 180.6- 80.3 13:00-16:00 101.9 EUR/MWh Low 100.4 路 High 180.6 High 180.6 Low 100.4 Low 100.4 路 High 180.6
32
馃嚞馃嚙 Great Britain wholesale
129.9 109.0- 148.5- 39.5 02:00-05:00 112.1 EUR/MWh Low 109.0 路 High 148.5 High 148.5 Low 109.0 Low 109.0 路 High 148.5
33
馃嚠馃嚬 Italy
7 price areas 		130.2 10.3- 188.5- 178.2 12:00-15:00 41.1 EUR/MWh Low 10.3 路 High 188.5 High 188.5 Low 10.3 Low 10.3 路 High 188.5

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