Wholesale electricity prices
Wholesale market prices only. They show what generators were paid, not what households pay. Compare household prices by country.
| Rank | Country | Avg EUR/MWh | Low EUR/MWh | High EUR/MWh | Spread EUR/MWh | Cheapest 3h | Mobile summary |
|---|---|---|---|---|---|---|---|
| 1 | 🇧🇷 Brazil 4 price areas | 21.9 | 9.808:00 | 28.700:00 | 18.9 | 08:00-11:00 9.8 EUR/MWh | Low 9.8 · High 28.7 Lowest at 08:00 Highest at 00:00 Low 9.8 · High 28.7 |
| 2 | 🇵🇹 Portugal | 68.0 | 50.003:00 | 100.303:00 | 50.3 | 03:00-06:00 52.8 EUR/MWh | Low 50.0 · High 100.3 Lowest at 03:00 Highest at 03:00 Low 50.0 · High 100.3 |
| 3 | 🇪🇸 Spain | 69.8 | 50.004:00 | 100.304:00 | 50.3 | 04:00-07:00 54.8 EUR/MWh | Low 50.0 · High 100.3 Lowest at 04:00 Highest at 04:00 Low 50.0 · High 100.3 |
| 4 | 🇷🇸 Serbia | 85.5 | 0.019:00 | 119.304:00 | 119.3 | 19:00-22:00 71.4 EUR/MWh | Low 0.0 · High 119.3 Lowest at 19:00 Highest at 04:00 Low 0.0 · High 119.3 |
| 5 | 🇲🇪 Montenegro | 91.6 | 73.004:00 | 111.704:00 | 38.6 | 04:00-07:00 74.6 EUR/MWh | Low 73.0 · High 111.7 Lowest at 04:00 Highest at 04:00 Low 73.0 · High 111.7 |
| 6 | 🇬🇷 Greece | 92.5 | 60.004:00 | 123.305:00 | 63.3 | 04:00-07:00 83.3 EUR/MWh | Low 60.0 · High 123.3 Lowest at 04:00 Highest at 05:00 Low 60.0 · High 123.3 |
| 7 | 🇳🇴 Norway 5 price areas | 93.0 | 80.003:00 | 123.504:00 | 43.5 | 03:00-06:00 80.7 EUR/MWh | Low 80.0 · High 123.5 Lowest at 03:00 Highest at 04:00 Low 80.0 · High 123.5 |
| 8 | 🇸🇪 Sweden 4 price areas | 93.1 | 80.003:00 | 123.504:00 | 43.5 | 03:00-06:00 80.7 EUR/MWh | Low 80.0 · High 123.5 Lowest at 03:00 Highest at 04:00 Low 80.0 · High 123.5 |
| 9 | 🇩🇰 Denmark 2 price areas | 94.1 | 81.104:00 | 123.504:00 | 42.4 | 04:00-07:00 82.0 EUR/MWh | Low 81.1 · High 123.5 Lowest at 04:00 Highest at 04:00 Low 81.1 · High 123.5 |
| 10 | 🇫🇷 France | 94.2 | 80.003:00 | 123.504:00 | 43.5 | 03:00-06:00 83.2 EUR/MWh | Low 80.0 · High 123.5 Lowest at 03:00 Highest at 04:00 Low 80.0 · High 123.5 |
| 11 | 🇳🇱 Netherlands | 94.3 | 82.203:00 | 123.504:00 | 41.3 | 03:00-06:00 83.2 EUR/MWh | Low 82.2 · High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 · High 123.5 |
| 12 | 🇧🇪 Belgium | 94.4 | 82.203:00 | 123.504:00 | 41.3 | 03:00-06:00 83.2 EUR/MWh | Low 82.2 · High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 · High 123.5 |
| 13 | 🇱🇺 Luxembourg | 94.4 | 82.603:00 | 121.204:00 | 38.6 | 03:00-06:00 83.2 EUR/MWh | Low 82.6 · High 121.2 Lowest at 03:00 Highest at 04:00 Low 82.6 · High 121.2 |
| 14 | 🇩🇪 Germany / Lux. | 94.5 | 72.603:00 | 127.804:00 | 55.2 | 03:00-06:00 76.8 EUR/MWh | Low 72.6 · High 127.8 Lowest at 03:00 Highest at 04:00 Low 72.6 · High 127.8 |
| 15 | 🇧🇬 Bulgaria | 94.7 | 77.404:00 | 123.505:00 | 46.1 | 04:00-07:00 83.3 EUR/MWh | Low 77.4 · High 123.5 Lowest at 04:00 Highest at 05:00 Low 77.4 · High 123.5 |
| 16 | 🇨🇿 Czechia | 95.1 | 82.203:00 | 123.504:00 | 41.3 | 03:00-06:00 83.3 EUR/MWh | Low 82.2 · High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 · High 123.5 |
| 17 | 🇷🇴 Romania | 95.3 | 81.304:00 | 123.505:00 | 42.2 | 04:00-07:00 83.3 EUR/MWh | Low 81.3 · High 123.5 Lowest at 04:00 Highest at 05:00 Low 81.3 · High 123.5 |
| 18 | 🇸🇰 Slovakia | 95.3 | 82.203:00 | 123.504:00 | 41.3 | 03:00-06:00 83.3 EUR/MWh | Low 82.2 · High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 · High 123.5 |
| 19 | 🇲🇰 North Macedonia | 95.3 | 80.202:00 | 118.304:00 | 38.1 | 02:00-05:00 82.0 EUR/MWh | Low 80.2 · High 118.3 Lowest at 02:00 Highest at 04:00 Low 80.2 · High 118.3 |
| 20 | 🇭🇺 Hungary | 95.4 | 82.203:00 | 123.504:00 | 41.3 | 03:00-06:00 83.3 EUR/MWh | Low 82.2 · High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 · High 123.5 |
| 21 | 🇭🇷 Croatia | 95.4 | 82.203:00 | 123.504:00 | 41.3 | 03:00-06:00 83.3 EUR/MWh | Low 82.2 · High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 · High 123.5 |
| 22 | 🇸🇮 Slovenia | 95.5 | 82.203:00 | 123.504:00 | 41.3 | 03:00-06:00 83.3 EUR/MWh | Low 82.2 · High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 · High 123.5 |
| 23 | 🇦🇹 Austria | 95.8 | 82.203:00 | 123.504:00 | 41.3 | 03:00-06:00 83.3 EUR/MWh | Low 82.2 · High 123.5 Lowest at 03:00 Highest at 04:00 Low 82.2 · High 123.5 |
| 24 | 🇫🇮 Finland | 96.1 | 74.704:00 | 136.705:00 | 61.9 | 04:00-07:00 80.7 EUR/MWh | Low 74.7 · High 136.7 Lowest at 04:00 Highest at 05:00 Low 74.7 · High 136.7 |
| 25 | 🇬🇧 Great Britain wholesale | 103.0 | 84.803:00 | 131.703:00 | 47.0 | 03:00-06:00 92.2 EUR/MWh | Low 84.8 · High 131.7 Lowest at 03:00 Highest at 03:00 Low 84.8 · High 131.7 |
| 26 | 🇪🇪 Estonia | 104.5 | 75.804:00 | 190.005:00 | 114.2 | 04:00-07:00 80.7 EUR/MWh | Low 75.8 · High 190.0 Lowest at 04:00 Highest at 05:00 Low 75.8 · High 190.0 |
| 27 | 🇱🇹 Lithuania | 104.5 | 75.804:00 | 190.005:00 | 114.2 | 04:00-07:00 80.7 EUR/MWh | Low 75.8 · High 190.0 Lowest at 04:00 Highest at 05:00 Low 75.8 · High 190.0 |
| 28 | 🇱🇻 Latvia | 104.5 | 75.804:00 | 190.005:00 | 114.2 | 04:00-07:00 80.7 EUR/MWh | Low 75.8 · High 190.0 Lowest at 04:00 Highest at 05:00 Low 75.8 · High 190.0 |
| 29 | 🇮🇹 Italy 7 price areas | 107.5 | 85.301:00 | 125.004:00 | 39.7 | 01:00-04:00 93.0 EUR/MWh | Low 85.3 · High 125.0 Lowest at 01:00 Highest at 04:00 Low 85.3 · High 125.0 |
| 30 | 🇨🇭 Switzerland | 109.6 | 97.311:00 | 126.004:00 | 28.7 | 11:00-14:00 98.2 EUR/MWh | Low 97.3 · High 126.0 Lowest at 11:00 Highest at 04:00 Low 97.3 · High 126.0 |
| 31 | 🇦🇱 Albania | 110.3 | 74.003:00 | 140.004:00 | 66.0 | 03:00-06:00 75.0 EUR/MWh | Low 74.0 · High 140.0 Lowest at 03:00 Highest at 04:00 Low 74.0 · High 140.0 |
| 32 | 🇮🇪 Ireland | 128.4 | 89.904:00 | 198.303:00 | 108.5 | 04:00-07:00 93.2 EUR/MWh | Low 89.9 · High 198.3 Lowest at 04:00 Highest at 03:00 Low 89.9 · High 198.3 |
On Sunday, January 4, 2026, Brazil ranked lowest by average wholesale reference price, while Ireland ranked highest. The widest price spread was in Serbia: 119.3 EUR/MWh.
Daily country electricity price ranking for 2026-01-04, based on published wholesale reference prices in EUR/MWh.
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, Elexon BMRS Open Data