Wholesale electricity prices

Wholesale market prices only. They show what generators were paid, not what households pay. Compare household prices by country.

32 countriesPublished wholesale pricesUpdated May 31, 18:23 GMT+2Monthly archiveVolatility report
Lowest average🇩🇪 Germany / Lux.9.8 EUR/MWh
Highest average🇮🇹 Italy106.4 EUR/MWh
Widest spread🇦🇱 Albania149.5 EUR/MWh

Country ranking

Average wholesale price; multi-area countries use a simple area average.

Daily wholesale reference electricity price country ranking for Thursday, January 1, 2026. Values are normalized to EUR/MWh, exclude supplier tariffs and use a simple price-area average for countries with multiple areas.
RankCountryAvg EUR/MWhLow EUR/MWhHigh EUR/MWhSpread EUR/MWhCheapest 3hMobile summary
1
🇩🇪Germany / Lux.
9.80.011:0058.304:0058.311:00-14:000.0 EUR/MWhLow 0.0 · High 58.3Lowest at 11:00Highest at 04:00Low 0.0 · High 58.3
2
🇱🇺Luxembourg
9.80.011:0058.304:0058.311:00-14:000.0 EUR/MWhLow 0.0 · High 58.3Lowest at 11:00Highest at 04:00Low 0.0 · High 58.3
3
🇸🇪Sweden
4 price areas
13.53.705:0034.404:0030.705:00-08:004.2 EUR/MWhLow 3.7 · High 34.4Lowest at 05:00Highest at 04:00Low 3.7 · High 34.4
4
🇩🇰Denmark
2 price areas
16.32.305:0063.604:0061.305:00-08:002.7 EUR/MWhLow 2.3 · High 63.6Lowest at 05:00Highest at 04:00Low 2.3 · High 63.6
5
🇧🇷Brazil
4 price areas
25.89.808:0033.800:0024.008:00-11:009.8 EUR/MWhLow 9.8 · High 33.8Lowest at 08:00Highest at 00:00Low 9.8 · High 33.8
6
🇱🇹Lithuania
38.415.209:00159.705:00144.509:00-12:0015.2 EUR/MWhLow 15.2 · High 159.7Lowest at 09:00Highest at 05:00Low 15.2 · High 159.7
7
🇳🇱Netherlands
47.22.305:0096.804:0094.505:00-08:0013.4 EUR/MWhLow 2.3 · High 96.8Lowest at 05:00Highest at 04:00Low 2.3 · High 96.8
8
🇫🇷France
48.710.404:0096.004:0085.604:00-07:0024.6 EUR/MWhLow 10.4 · High 96.0Lowest at 04:00Highest at 04:00Low 10.4 · High 96.0
9
🇳🇴Norway
5 price areas
49.737.204:0061.404:0024.204:00-07:0040.9 EUR/MWhLow 37.2 · High 61.4Lowest at 04:00Highest at 04:00Low 37.2 · High 61.4
10
🇧🇪Belgium
51.810.605:00106.304:0095.705:00-08:0023.3 EUR/MWhLow 10.6 · High 106.3Lowest at 05:00Highest at 04:00Low 10.6 · High 106.3
11
🇬🇧Great Britain wholesale
63.436.110:00105.403:0069.210:00-13:0039.2 EUR/MWhLow 36.1 · High 105.4Lowest at 10:00Highest at 03:00Low 36.1 · High 105.4
12
🇦🇹Austria
63.610.410:00136.904:00126.510:00-13:0026.4 EUR/MWhLow 10.4 · High 136.9Lowest at 10:00Highest at 04:00Low 10.4 · High 136.9
13
🇸🇰Slovakia
64.211.010:00109.404:0098.410:00-13:0029.0 EUR/MWhLow 11.0 · High 109.4Lowest at 10:00Highest at 04:00Low 11.0 · High 109.4
14
🇪🇪Estonia
65.820.021:00159.705:00139.721:00-00:0029.4 EUR/MWhLow 20.0 · High 159.7Lowest at 21:00Highest at 05:00Low 20.0 · High 159.7
15
🇱🇻Latvia
65.820.021:00159.705:00139.721:00-00:0029.4 EUR/MWhLow 20.0 · High 159.7Lowest at 21:00Highest at 05:00Low 20.0 · High 159.7
16
🇫🇮Finland
66.320.021:00159.605:00139.621:00-00:0029.3 EUR/MWhLow 20.0 · High 159.6Lowest at 21:00Highest at 05:00Low 20.0 · High 159.6
17
🇸🇮Slovenia
67.610.910:00123.804:00112.910:00-13:0028.1 EUR/MWhLow 10.9 · High 123.8Lowest at 10:00Highest at 04:00Low 10.9 · High 123.8
18
🇭🇷Croatia
68.910.810:00124.704:00114.010:00-13:0027.9 EUR/MWhLow 10.8 · High 124.7Lowest at 10:00Highest at 04:00Low 10.8 · High 124.7
19
🇷🇸Serbia
71.835.511:00102.704:0067.211:00-14:0041.8 EUR/MWhLow 35.5 · High 102.7Lowest at 11:00Highest at 04:00Low 35.5 · High 102.7
20
🇭🇺Hungary
72.810.710:00130.004:00119.310:00-13:0028.0 EUR/MWhLow 10.7 · High 130.0Lowest at 10:00Highest at 04:00Low 10.7 · High 130.0
21
🇷🇴Romania
74.310.211:00132.205:00122.011:00-14:0026.8 EUR/MWhLow 10.2 · High 132.2Lowest at 11:00Highest at 05:00Low 10.2 · High 132.2
22
🇧🇬Bulgaria
75.310.211:00132.205:00122.011:00-14:0024.3 EUR/MWhLow 10.2 · High 132.2Lowest at 11:00Highest at 05:00Low 10.2 · High 132.2
23
🇬🇷Greece
79.210.211:00140.505:00130.211:00-14:0024.3 EUR/MWhLow 10.2 · High 140.5Lowest at 11:00Highest at 05:00Low 10.2 · High 140.5
24
🇵🇹Portugal
80.852.009:00106.903:0054.909:00-12:0054.8 EUR/MWhLow 52.0 · High 106.9Lowest at 09:00Highest at 03:00Low 52.0 · High 106.9
25
🇪🇸Spain
82.052.009:00112.004:0060.009:00-12:0057.0 EUR/MWhLow 52.0 · High 112.0Lowest at 09:00Highest at 04:00Low 52.0 · High 112.0
26
🇲🇰North Macedonia
87.40.108:00124.004:00123.908:00-11:0038.1 EUR/MWhLow 0.1 · High 124.0Lowest at 08:00Highest at 04:00Low 0.1 · High 124.0
27
🇨🇿Czechia
88.314.010:00151.704:00137.710:00-13:0039.6 EUR/MWhLow 14.0 · High 151.7Lowest at 10:00Highest at 04:00Low 14.0 · High 151.7
28
🇲🇪Montenegro
98.164.012:00121.904:0057.912:00-15:0072.6 EUR/MWhLow 64.0 · High 121.9Lowest at 12:00Highest at 04:00Low 64.0 · High 121.9
29
🇦🇱Albania
99.00.507:00150.004:00149.507:00-10:0017.5 EUR/MWhLow 0.5 · High 150.0Lowest at 07:00Highest at 04:00Low 0.5 · High 150.0
30
🇮🇪Ireland
99.473.805:00180.203:00106.505:00-08:0075.7 EUR/MWhLow 73.8 · High 180.2Lowest at 05:00Highest at 03:00Low 73.8 · High 180.2
31
🇨🇭Switzerland
105.693.711:00113.804:0020.111:00-14:0094.6 EUR/MWhLow 93.7 · High 113.8Lowest at 11:00Highest at 04:00Low 93.7 · High 113.8
32
🇮🇹Italy
7 price areas
106.492.811:00123.004:0030.211:00-14:0097.0 EUR/MWhLow 92.8 · High 123.0Lowest at 11:00Highest at 04:00Low 92.8 · High 123.0

On Thursday, January 1, 2026, Germany / Luxembourg ranked lowest by average wholesale reference price, while Italy ranked highest. The widest price spread was in Albania: 149.5 EUR/MWh.

Daily country electricity price ranking for 2026-01-01, based on published wholesale reference prices in EUR/MWh.

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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
SMARD Bundesnetzagentur, ENTSO-E Transparency Platform, CCEE Open Data, Elexon BMRS Open Data