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 | 🇫🇮 Finland | 42.5 | 21.717:00 | 79.205:00 | 57.5 | 17:00-20:00 27.8 EUR/MWh | Low 21.7 · High 79.2 Lowest at 17:00 Highest at 05:00 Low 21.7 · High 79.2 |
| 2 | 🇧🇷 Brazil 4 price areas | 49.6 | 37.208:00 | 62.000:00 | 24.7 | 08:00-11:00 41.1 EUR/MWh | Low 37.2 · High 62.0 Lowest at 08:00 Highest at 00:00 Low 37.2 · High 62.0 |
| 3 | 🇸🇪 Sweden 4 price areas | 57.7 | 25.103:00 | 98.304:00 | 73.2 | 03:00-06:00 30.8 EUR/MWh | Low 25.1 · High 98.3 Lowest at 03:00 Highest at 04:00 Low 25.1 · High 98.3 |
| 4 | 🇳🇴 Norway 5 price areas | 83.8 | 61.203:00 | 126.304:00 | 65.1 | 03:00-06:00 70.2 EUR/MWh | Low 61.2 · High 126.3 Lowest at 03:00 Highest at 04:00 Low 61.2 · High 126.3 |
| 5 | 🇮🇪 Ireland | 111.9 | 94.103:00 | 152.503:00 | 58.5 | 03:00-06:00 94.5 EUR/MWh | Low 94.1 · High 152.5 Lowest at 03:00 Highest at 03:00 Low 94.1 · High 152.5 |
| 6 | 🇫🇷 France | 112.5 | 84.602:00 | 184.604:00 | 100.0 | 02:00-05:00 88.7 EUR/MWh | Low 84.6 · High 184.6 Lowest at 02:00 Highest at 04:00 Low 84.6 · High 184.6 |
| 7 | 🇳🇱 Netherlands | 114.1 | 82.600:00 | 215.004:00 | 132.5 | 00:00-03:00 85.2 EUR/MWh | Low 82.6 · High 215.0 Lowest at 00:00 Highest at 04:00 Low 82.6 · High 215.0 |
| 8 | 🇩🇰 Denmark 2 price areas | 115.4 | 60.702:00 | 235.904:00 | 175.2 | 02:00-05:00 76.3 EUR/MWh | Low 60.7 · High 235.9 Lowest at 02:00 Highest at 04:00 Low 60.7 · High 235.9 |
| 9 | 🇪🇸 Spain | 115.6 | 84.602:00 | 184.604:00 | 100.0 | 02:00-05:00 89.5 EUR/MWh | Low 84.6 · High 184.6 Lowest at 02:00 Highest at 04:00 Low 84.6 · High 184.6 |
| 10 | 🇧🇪 Belgium | 115.8 | 85.402:00 | 193.104:00 | 107.7 | 02:00-05:00 87.3 EUR/MWh | Low 85.4 · High 193.1 Lowest at 02:00 Highest at 04:00 Low 85.4 · High 193.1 |
| 11 | 🇱🇺 Luxembourg | 118.1 | 84.300:00 | 200.004:00 | 115.7 | 00:00-03:00 85.2 EUR/MWh | Low 84.3 · High 200.0 Lowest at 00:00 Highest at 04:00 Low 84.3 · High 200.0 |
| 12 | 🇵🇹 Portugal | 118.7 | 87.301:00 | 184.603:00 | 97.3 | 01:00-04:00 89.2 EUR/MWh | Low 87.3 · High 184.6 Lowest at 01:00 Highest at 03:00 Low 87.3 · High 184.6 |
| 13 | 🇩🇪 Germany / Lux. | 119.1 | 68.601:00 | 224.204:00 | 155.6 | 01:00-04:00 82.4 EUR/MWh | Low 68.6 · High 224.2 Lowest at 01:00 Highest at 04:00 Low 68.6 · High 224.2 |
| 14 | 🇪🇪 Estonia | 128.6 | 67.703:00 | 239.905:00 | 172.2 | 03:00-06:00 89.9 EUR/MWh | Low 67.7 · High 239.9 Lowest at 03:00 Highest at 05:00 Low 67.7 · High 239.9 |
| 15 | 🇱🇹 Lithuania | 128.6 | 67.703:00 | 239.905:00 | 172.2 | 03:00-06:00 89.9 EUR/MWh | Low 67.7 · High 239.9 Lowest at 03:00 Highest at 05:00 Low 67.7 · High 239.9 |
| 16 | 🇱🇻 Latvia | 128.6 | 67.703:00 | 239.905:00 | 172.2 | 03:00-06:00 89.9 EUR/MWh | Low 67.7 · High 239.9 Lowest at 03:00 Highest at 05:00 Low 67.7 · High 239.9 |
| 17 | 🇨🇿 Czechia | 131.4 | 94.002:00 | 213.804:00 | 119.8 | 02:00-05:00 97.7 EUR/MWh | Low 94.0 · High 213.8 Lowest at 02:00 Highest at 04:00 Low 94.0 · High 213.8 |
| 18 | 🇬🇷 Greece | 133.6 | 75.011:00 | 314.405:00 | 239.5 | 11:00-14:00 77.6 EUR/MWh | Low 75.0 · High 314.4 Lowest at 11:00 Highest at 05:00 Low 75.0 · High 314.4 |
| 19 | 🇨🇭 Switzerland | 140.1 | 121.102:00 | 176.104:00 | 55.0 | 02:00-05:00 121.8 EUR/MWh | Low 121.1 · High 176.1 Lowest at 02:00 Highest at 04:00 Low 121.1 · High 176.1 |
| 20 | 🇮🇹 Italy 7 price areas | 140.8 | 112.002:00 | 215.004:00 | 103.0 | 02:00-05:00 117.4 EUR/MWh | Low 112.0 · High 215.0 Lowest at 02:00 Highest at 04:00 Low 112.0 · High 215.0 |
| 21 | 🇲🇪 Montenegro | 154.8 | 90.001:00 | 312.004:00 | 222.0 | 01:00-04:00 93.0 EUR/MWh | Low 90.0 · High 312.0 Lowest at 01:00 Highest at 04:00 Low 90.0 · High 312.0 |
| 22 | 🇷🇸 Serbia | 155.2 | 105.002:00 | 250.004:00 | 145.0 | 02:00-05:00 107.0 EUR/MWh | Low 105.0 · High 250.0 Lowest at 02:00 Highest at 04:00 Low 105.0 · High 250.0 |
| 23 | 🇦🇹 Austria | 165.0 | 112.002:00 | 264.404:00 | 152.4 | 02:00-05:00 120.2 EUR/MWh | Low 112.0 · High 264.4 Lowest at 02:00 Highest at 04:00 Low 112.0 · High 264.4 |
| 24 | 🇸🇮 Slovenia | 166.7 | 108.602:00 | 264.404:00 | 155.8 | 02:00-05:00 116.2 EUR/MWh | Low 108.6 · High 264.4 Lowest at 02:00 Highest at 04:00 Low 108.6 · High 264.4 |
| 25 | 🇸🇰 Slovakia | 168.4 | 102.703:00 | 259.004:00 | 156.3 | 03:00-06:00 116.6 EUR/MWh | Low 102.7 · High 259.0 Lowest at 03:00 Highest at 04:00 Low 102.7 · High 259.0 |
| 26 | 🇭🇷 Croatia | 171.1 | 108.702:00 | 282.304:00 | 173.6 | 02:00-05:00 116.4 EUR/MWh | Low 108.7 · High 282.3 Lowest at 02:00 Highest at 04:00 Low 108.7 · High 282.3 |
| 27 | 🇭🇺 Hungary | 182.1 | 109.602:00 | 346.304:00 | 236.7 | 02:00-05:00 118.3 EUR/MWh | Low 109.6 · High 346.3 Lowest at 02:00 Highest at 04:00 Low 109.6 · High 346.3 |
| 28 | 🇧🇬 Bulgaria | 189.7 | 110.603:00 | 393.005:00 | 282.3 | 03:00-06:00 119.0 EUR/MWh | Low 110.6 · High 393.0 Lowest at 03:00 Highest at 05:00 Low 110.6 · High 393.0 |
| 29 | 🇷🇴 Romania | 189.7 | 110.603:00 | 393.005:00 | 282.3 | 03:00-06:00 119.0 EUR/MWh | Low 110.6 · High 393.0 Lowest at 03:00 Highest at 05:00 Low 110.6 · High 393.0 |
| 30 | 🇲🇰 North Macedonia | 196.5 | 108.102:00 | 365.004:00 | 256.9 | 02:00-05:00 110.5 EUR/MWh | Low 108.1 · High 365.0 Lowest at 02:00 Highest at 04:00 Low 108.1 · High 365.0 |
On Wednesday, January 14, 2026, Finland ranked lowest by average wholesale reference price, while North Macedonia ranked highest. The widest price spread was in Bulgaria: 282.3 EUR/MWh.
Daily country electricity price ranking for 2026-01-14, 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
- ENTSO-E Transparency Platform, CCEE Open Data, SMARD Bundesnetzagentur