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Wholesale electricity prices

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

31 countries Published wholesale prices Updated May 31, 18:23 GMT+2 Monthly archive
Lowest average 🇫🇮 Finland 46.3 EUR/MWh
Highest average 🇭🇺 Hungary 153.4 EUR/MWh
Widest spread 🇩🇪 Germany / Lux. 144.4 EUR/MWh

Country ranking

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

Daily wholesale reference electricity price country ranking for Friday, January 16, 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
🇫🇮 Finland
46.3 18.421:00 79.105:00 60.6 21:00-00:00 22.8 EUR/MWh Low 18.4 · High 79.1 Lowest at 21:00 Highest at 05:00 Low 18.4 · High 79.1
2
🇧🇷 Brazil
4 price areas 		50.9 46.410:00 58.000:00 11.7 10:00-13:00 48.1 EUR/MWh Low 46.4 · High 58.0 Lowest at 10:00 Highest at 00:00 Low 46.4 · High 58.0
3
🇸🇪 Sweden
4 price areas 		55.5 31.002:00 86.504:00 55.5 02:00-05:00 43.2 EUR/MWh Low 31.0 · High 86.5 Lowest at 02:00 Highest at 04:00 Low 31.0 · High 86.5
4
🇳🇴 Norway
5 price areas 		76.0 59.602:00 90.804:00 31.3 02:00-05:00 65.9 EUR/MWh Low 59.6 · High 90.8 Lowest at 02:00 Highest at 04:00 Low 59.6 · High 90.8
5
🇩🇰 Denmark
2 price areas 		98.4 50.903:00 193.104:00 142.2 03:00-06:00 59.1 EUR/MWh Low 50.9 · High 193.1 Lowest at 03:00 Highest at 04:00 Low 50.9 · High 193.1
6
🇳🇱 Netherlands
107.6 66.802:00 200.104:00 133.3 02:00-05:00 69.5 EUR/MWh Low 66.8 · High 200.1 Lowest at 02:00 Highest at 04:00 Low 66.8 · High 200.1
7
🇱🇺 Luxembourg
109.7 67.202:00 170.304:00 103.1 02:00-05:00 69.7 EUR/MWh Low 67.2 · High 170.3 Lowest at 02:00 Highest at 04:00 Low 67.2 · High 170.3
8
🇩🇪 Germany / Lux.
110.0 58.902:00 203.304:00 144.4 02:00-05:00 64.2 EUR/MWh Low 58.9 · High 203.3 Lowest at 02:00 Highest at 04:00 Low 58.9 · High 203.3
9
🇫🇷 France
112.8 71.302:00 163.204:00 91.9 02:00-05:00 74.9 EUR/MWh Low 71.3 · High 163.2 Lowest at 02:00 Highest at 04:00 Low 71.3 · High 163.2
10
🇧🇪 Belgium
114.7 68.201:00 162.704:00 94.6 01:00-04:00 71.8 EUR/MWh Low 68.2 · High 162.7 Lowest at 01:00 Highest at 04:00 Low 68.2 · High 162.7
11
🇬🇧 Great Britain wholesale
116.8 97.511:00 155.503:00 58.0 11:00-14:00 100.5 EUR/MWh Low 97.5 · High 155.5 Lowest at 11:00 Highest at 03:00 Low 97.5 · High 155.5
12
🇪🇸 Spain
119.3 94.301:00 163.204:00 68.9 01:00-04:00 95.8 EUR/MWh Low 94.3 · High 163.2 Lowest at 01:00 Highest at 04:00 Low 94.3 · High 163.2
13
🇵🇹 Portugal
121.3 94.301:00 163.203:00 68.9 01:00-04:00 94.8 EUR/MWh Low 94.3 · High 163.2 Lowest at 01:00 Highest at 03:00 Low 94.3 · High 163.2
14
🇬🇷 Greece
127.4 75.011:00 207.305:00 132.3 11:00-14:00 77.4 EUR/MWh Low 75.0 · High 207.3 Lowest at 11:00 Highest at 05:00 Low 75.0 · High 207.3
15
🇪🇪 Estonia
128.5 88.121:00 211.405:00 123.3 21:00-00:00 91.8 EUR/MWh Low 88.1 · High 211.4 Lowest at 21:00 Highest at 05:00 Low 88.1 · High 211.4
16
🇱🇹 Lithuania
128.5 88.121:00 211.405:00 123.3 21:00-00:00 91.8 EUR/MWh Low 88.1 · High 211.4 Lowest at 21:00 Highest at 05:00 Low 88.1 · High 211.4
17
🇱🇻 Latvia
128.5 88.121:00 211.405:00 123.3 21:00-00:00 91.8 EUR/MWh Low 88.1 · High 211.4 Lowest at 21:00 Highest at 05:00 Low 88.1 · High 211.4
18
🇷🇸 Serbia
136.1 73.512:00 210.004:00 136.5 12:00-15:00 80.2 EUR/MWh Low 73.5 · High 210.0 Lowest at 12:00 Highest at 04:00 Low 73.5 · High 210.0
19
🇮🇹 Italy
7 price areas 		139.1 117.602:00 192.404:00 74.8 02:00-05:00 119.8 EUR/MWh Low 117.6 · High 192.4 Lowest at 02:00 Highest at 04:00 Low 117.6 · High 192.4
20
🇨🇭 Switzerland
140.5 120.401:00 170.804:00 50.4 01:00-04:00 121.4 EUR/MWh Low 120.4 · High 170.8 Lowest at 01:00 Highest at 04:00 Low 120.4 · High 170.8
21
🇲🇪 Montenegro
143.0 96.101:00 200.004:00 103.9 01:00-04:00 102.4 EUR/MWh Low 96.1 · High 200.0 Lowest at 01:00 Highest at 04:00 Low 96.1 · High 200.0
22
🇲🇰 North Macedonia
143.6 96.611:00 225.104:00 128.5 11:00-14:00 108.9 EUR/MWh Low 96.6 · High 225.1 Lowest at 11:00 Highest at 04:00 Low 96.6 · High 225.1
23
🇨🇿 Czechia
145.8 91.900:00 221.004:00 129.1 00:00-03:00 104.0 EUR/MWh Low 91.9 · High 221.0 Lowest at 00:00 Highest at 04:00 Low 91.9 · High 221.0
24
🇮🇪 Ireland
146.9 97.103:00 229.503:00 132.4 03:00-06:00 98.0 EUR/MWh Low 97.1 · High 229.5 Lowest at 03:00 Highest at 03:00 Low 97.1 · High 229.5
25
🇸🇰 Slovakia
147.4 95.701:00 209.204:00 113.5 01:00-04:00 111.2 EUR/MWh Low 95.7 · High 209.2 Lowest at 01:00 Highest at 04:00 Low 95.7 · High 209.2
26
🇸🇮 Slovenia
150.4 95.902:00 203.404:00 107.6 02:00-05:00 119.8 EUR/MWh Low 95.9 · High 203.4 Lowest at 02:00 Highest at 04:00 Low 95.9 · High 203.4
27
🇭🇷 Croatia
150.6 95.802:00 204.404:00 108.5 02:00-05:00 117.8 EUR/MWh Low 95.8 · High 204.4 Lowest at 02:00 Highest at 04:00 Low 95.8 · High 204.4
28
🇦🇹 Austria
153.2 96.402:00 206.604:00 110.2 02:00-05:00 120.4 EUR/MWh Low 96.4 · High 206.6 Lowest at 02:00 Highest at 04:00 Low 96.4 · High 206.6
29
🇧🇬 Bulgaria
153.2 110.203:00 208.005:00 97.9 03:00-06:00 116.4 EUR/MWh Low 110.2 · High 208.0 Lowest at 03:00 Highest at 05:00 Low 110.2 · High 208.0
30
🇷🇴 Romania
153.2 110.203:00 208.005:00 97.9 03:00-06:00 116.4 EUR/MWh Low 110.2 · High 208.0 Lowest at 03:00 Highest at 05:00 Low 110.2 · High 208.0
31
🇭🇺 Hungary
153.4 95.802:00 213.304:00 117.5 02:00-05:00 117.1 EUR/MWh Low 95.8 · High 213.3 Lowest at 02:00 Highest at 04:00 Low 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.

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

Methodology Monthly archive Household prices by country