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 | 46.3 | 18.421:00 | 79.105:00 | 60.6 | 21:00-00:0022.8 EUR/MWh | Low 18.4 · High 79.1Lowest at 21:00Highest at 05:00Low 18.4 · High 79.1 |
| 2 | 🇧🇷Brazil 4 price areas | 50.9 | 46.410:00 | 58.000:00 | 11.7 | 10:00-13:0048.1 EUR/MWh | Low 46.4 · High 58.0Lowest at 10:00Highest at 00:00Low 46.4 · High 58.0 |
| 3 | 🇸🇪Sweden 4 price areas | 55.5 | 31.002:00 | 86.504:00 | 55.5 | 02:00-05:0043.2 EUR/MWh | Low 31.0 · High 86.5Lowest at 02:00Highest at 04:00Low 31.0 · High 86.5 |
| 4 | 🇳🇴Norway 5 price areas | 76.0 | 59.602:00 | 90.804:00 | 31.3 | 02:00-05:0065.9 EUR/MWh | Low 59.6 · High 90.8Lowest at 02:00Highest at 04:00Low 59.6 · High 90.8 |
| 5 | 🇩🇰Denmark 2 price areas | 98.4 | 50.903:00 | 193.104:00 | 142.2 | 03:00-06:0059.1 EUR/MWh | Low 50.9 · High 193.1Lowest at 03:00Highest at 04:00Low 50.9 · High 193.1 |
| 6 | 🇳🇱Netherlands | 107.6 | 66.802:00 | 200.104:00 | 133.3 | 02:00-05:0069.5 EUR/MWh | Low 66.8 · High 200.1Lowest at 02:00Highest at 04:00Low 66.8 · High 200.1 |
| 7 | 🇱🇺Luxembourg | 109.7 | 67.202:00 | 170.304:00 | 103.1 | 02:00-05:0069.7 EUR/MWh | Low 67.2 · High 170.3Lowest at 02:00Highest at 04:00Low 67.2 · High 170.3 |
| 8 | 🇩🇪Germany / Lux. | 110.0 | 58.902:00 | 203.304:00 | 144.4 | 02:00-05:0064.2 EUR/MWh | Low 58.9 · High 203.3Lowest at 02:00Highest at 04:00Low 58.9 · High 203.3 |
| 9 | 🇫🇷France | 112.8 | 71.302:00 | 163.204:00 | 91.9 | 02:00-05:0074.9 EUR/MWh | Low 71.3 · High 163.2Lowest at 02:00Highest at 04:00Low 71.3 · High 163.2 |
| 10 | 🇧🇪Belgium | 114.7 | 68.201:00 | 162.704:00 | 94.6 | 01:00-04:0071.8 EUR/MWh | Low 68.2 · High 162.7Lowest at 01:00Highest at 04:00Low 68.2 · High 162.7 |
| 11 | 🇬🇧Great Britain wholesale | 116.8 | 97.511:00 | 155.503:00 | 58.0 | 11:00-14:00100.5 EUR/MWh | Low 97.5 · High 155.5Lowest at 11:00Highest at 03:00Low 97.5 · High 155.5 |
| 12 | 🇪🇸Spain | 119.3 | 94.301:00 | 163.204:00 | 68.9 | 01:00-04:0095.8 EUR/MWh | Low 94.3 · High 163.2Lowest at 01:00Highest at 04:00Low 94.3 · High 163.2 |
| 13 | 🇵🇹Portugal | 121.3 | 94.301:00 | 163.203:00 | 68.9 | 01:00-04:0094.8 EUR/MWh | Low 94.3 · High 163.2Lowest at 01:00Highest at 03:00Low 94.3 · High 163.2 |
| 14 | 🇬🇷Greece | 127.4 | 75.011:00 | 207.305:00 | 132.3 | 11:00-14:0077.4 EUR/MWh | Low 75.0 · High 207.3Lowest at 11:00Highest at 05:00Low 75.0 · High 207.3 |
| 15 | 🇪🇪Estonia | 128.5 | 88.121:00 | 211.405:00 | 123.3 | 21:00-00:0091.8 EUR/MWh | Low 88.1 · High 211.4Lowest at 21:00Highest at 05:00Low 88.1 · High 211.4 |
| 16 | 🇱🇹Lithuania | 128.5 | 88.121:00 | 211.405:00 | 123.3 | 21:00-00:0091.8 EUR/MWh | Low 88.1 · High 211.4Lowest at 21:00Highest at 05:00Low 88.1 · High 211.4 |
| 17 | 🇱🇻Latvia | 128.5 | 88.121:00 | 211.405:00 | 123.3 | 21:00-00:0091.8 EUR/MWh | Low 88.1 · High 211.4Lowest at 21:00Highest at 05:00Low 88.1 · High 211.4 |
| 18 | 🇷🇸Serbia | 136.1 | 73.512:00 | 210.004:00 | 136.5 | 12:00-15:0080.2 EUR/MWh | Low 73.5 · High 210.0Lowest at 12:00Highest at 04:00Low 73.5 · High 210.0 |
| 19 | 🇮🇹Italy 7 price areas | 139.1 | 117.602:00 | 192.404:00 | 74.8 | 02:00-05:00119.8 EUR/MWh | Low 117.6 · High 192.4Lowest at 02:00Highest at 04:00Low 117.6 · High 192.4 |
| 20 | 🇨🇭Switzerland | 140.5 | 120.401:00 | 170.804:00 | 50.4 | 01:00-04:00121.4 EUR/MWh | Low 120.4 · High 170.8Lowest at 01:00Highest at 04:00Low 120.4 · High 170.8 |
| 21 | 🇲🇪Montenegro | 143.0 | 96.101:00 | 200.004:00 | 103.9 | 01:00-04:00102.4 EUR/MWh | Low 96.1 · High 200.0Lowest at 01:00Highest at 04:00Low 96.1 · High 200.0 |
| 22 | 🇲🇰North Macedonia | 143.6 | 96.611:00 | 225.104:00 | 128.5 | 11:00-14:00108.9 EUR/MWh | Low 96.6 · High 225.1Lowest at 11:00Highest at 04:00Low 96.6 · High 225.1 |
| 23 | 🇨🇿Czechia | 145.8 | 91.900:00 | 221.004:00 | 129.1 | 00:00-03:00104.0 EUR/MWh | Low 91.9 · High 221.0Lowest at 00:00Highest at 04:00Low 91.9 · High 221.0 |
| 24 | 🇮🇪Ireland | 146.9 | 97.103:00 | 229.503:00 | 132.4 | 03:00-06:0098.0 EUR/MWh | Low 97.1 · High 229.5Lowest at 03:00Highest at 03:00Low 97.1 · High 229.5 |
| 25 | 🇸🇰Slovakia | 147.4 | 95.701:00 | 209.204:00 | 113.5 | 01:00-04:00111.2 EUR/MWh | Low 95.7 · High 209.2Lowest at 01:00Highest at 04:00Low 95.7 · High 209.2 |
| 26 | 🇸🇮Slovenia | 150.4 | 95.902:00 | 203.404:00 | 107.6 | 02:00-05:00119.8 EUR/MWh | Low 95.9 · High 203.4Lowest at 02:00Highest at 04:00Low 95.9 · High 203.4 |
| 27 | 🇭🇷Croatia | 150.6 | 95.802:00 | 204.404:00 | 108.5 | 02:00-05:00117.8 EUR/MWh | Low 95.8 · High 204.4Lowest at 02:00Highest at 04:00Low 95.8 · High 204.4 |
| 28 | 🇦🇹Austria | 153.2 | 96.402:00 | 206.604:00 | 110.2 | 02:00-05:00120.4 EUR/MWh | Low 96.4 · High 206.6Lowest at 02:00Highest at 04:00Low 96.4 · High 206.6 |
| 29 | 🇧🇬Bulgaria | 153.2 | 110.203:00 | 208.005:00 | 97.9 | 03:00-06:00116.4 EUR/MWh | Low 110.2 · High 208.0Lowest at 03:00Highest at 05:00Low 110.2 · High 208.0 |
| 30 | 🇷🇴Romania | 153.2 | 110.203:00 | 208.005:00 | 97.9 | 03:00-06:00116.4 EUR/MWh | Low 110.2 · High 208.0Lowest at 03:00Highest at 05:00Low 110.2 · High 208.0 |
| 31 | 🇭🇺Hungary | 153.4 | 95.802:00 | 213.304:00 | 117.5 | 02:00-05:00117.1 EUR/MWh | Low 95.8 · High 213.3Lowest at 02:00Highest at 04:00Low 95.8 · High 213.3 |
On Friday, January 16, 2026, Finland ranked lowest by average wholesale reference price, while Hungary ranked highest. The widest price spread was in Germany / Luxembourg: 144.4 EUR/MWh.
Daily country electricity price ranking for 2026-01-16, 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
- ENTSO-E Transparency Platform, CCEE Open Data, SMARD Bundesnetzagentur, Elexon BMRS Open Data
MethodologyMonthly archiveEuropean volatility reportHousehold prices by country