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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 countriesPublished wholesale pricesUpdated May 31, 18:23 GMT+2Monthly archiveVolatility report
Lowest average🇧🇷 Brazil44.6 EUR/MWh
Highest average🇮🇹 Italy130.2 EUR/MWh
Widest spread🇪🇪 Estonia133.5 EUR/MWh

Country ranking

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

Daily wholesale reference electricity price country ranking for Sunday, January 18, 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
🇧🇷Brazil
4 price areas		44.69.809:0056.300:0046.509:00-12:009.8 EUR/MWhLow 9.8 · High 56.3Lowest at 09:00Highest at 00:00Low 9.8 · High 56.3
2
🇫🇮Finland
89.847.800:00138.005:0090.200:00-03:0054.8 EUR/MWhLow 47.8 · High 138.0Lowest at 00:00Highest at 05:00Low 47.8 · High 138.0
3
🇸🇪Sweden
4 price areas		94.758.400:00138.204:0079.800:00-03:0071.4 EUR/MWhLow 58.4 · High 138.2Lowest at 00:00Highest at 04:00Low 58.4 · High 138.2
4
🇳🇴Norway
5 price areas		96.477.801:00141.304:0063.501:00-04:0080.7 EUR/MWhLow 77.8 · High 141.3Lowest at 01:00Highest at 04:00Low 77.8 · High 141.3
5
🇬🇷Greece
96.776.310:00161.305:0085.010:00-13:0081.0 EUR/MWhLow 76.3 · High 161.3Lowest at 10:00Highest at 05:00Low 76.3 · High 161.3
6
🇲🇪Montenegro
104.880.102:00130.004:0049.902:00-05:0082.0 EUR/MWhLow 80.1 · High 130.0Lowest at 02:00Highest at 04:00Low 80.1 · High 130.0
7
🇩🇪Germany / Lux.
106.184.602:00146.204:0061.602:00-05:0095.0 EUR/MWhLow 84.6 · High 146.2Lowest at 02:00Highest at 04:00Low 84.6 · High 146.2
8
🇩🇰Denmark
2 price areas		108.196.111:00146.204:0050.111:00-14:0097.4 EUR/MWhLow 96.1 · High 146.2Lowest at 11:00Highest at 04:00Low 96.1 · High 146.2
9
🇳🇱Netherlands
108.196.111:00146.204:0050.111:00-14:0097.4 EUR/MWhLow 96.1 · High 146.2Lowest at 11:00Highest at 04:00Low 96.1 · High 146.2
10
🇱🇺Luxembourg
109.496.911:00142.204:0045.311:00-14:0097.4 EUR/MWhLow 96.9 · High 142.2Lowest at 11:00Highest at 04:00Low 96.9 · High 142.2
11
🇪🇪Estonia
110.066.505:00199.905:00133.505:00-08:0082.4 EUR/MWhLow 66.5 · High 199.9Lowest at 05:00Highest at 05:00Low 66.5 · High 199.9
12
🇱🇹Lithuania
110.066.505:00199.905:00133.505:00-08:0082.4 EUR/MWhLow 66.5 · High 199.9Lowest at 05:00Highest at 05:00Low 66.5 · High 199.9
13
🇱🇻Latvia
110.066.505:00199.905:00133.505:00-08:0082.4 EUR/MWhLow 66.5 · High 199.9Lowest at 05:00Highest at 05:00Low 66.5 · High 199.9
14
🇨🇿Czechia
110.196.111:00145.304:0049.211:00-14:0097.6 EUR/MWhLow 96.1 · High 145.3Lowest at 11:00Highest at 04:00Low 96.1 · High 145.3
15
🇸🇰Slovakia
110.593.811:00143.804:0050.011:00-14:0098.2 EUR/MWhLow 93.8 · High 143.8Lowest at 11:00Highest at 04:00Low 93.8 · High 143.8
16
🇫🇷France
110.596.111:00147.604:0051.511:00-14:0097.6 EUR/MWhLow 96.1 · High 147.6Lowest at 11:00Highest at 04:00Low 96.1 · High 147.6
17
🇧🇪Belgium
111.496.111:00153.504:0057.311:00-14:0097.5 EUR/MWhLow 96.1 · High 153.5Lowest at 11:00Highest at 04:00Low 96.1 · High 153.5
18
🇷🇸Serbia
112.395.011:00145.004:0050.011:00-14:0097.4 EUR/MWhLow 95.0 · High 145.0Lowest at 11:00Highest at 04:00Low 95.0 · High 145.0
19
🇸🇮Slovenia
114.496.111:00148.504:0052.411:00-14:0098.6 EUR/MWhLow 96.1 · High 148.5Lowest at 11:00Highest at 04:00Low 96.1 · High 148.5
20
🇦🇹Austria
114.796.111:00152.504:0056.411:00-14:0099.2 EUR/MWhLow 96.1 · High 152.5Lowest at 11:00Highest at 04:00Low 96.1 · High 152.5
21
🇭🇷Croatia
115.796.111:00157.104:0060.911:00-14:0098.5 EUR/MWhLow 96.1 · High 157.1Lowest at 11:00Highest at 04:00Low 96.1 · High 157.1
22
🇲🇰North Macedonia
115.996.005:00156.004:0060.005:00-08:0099.4 EUR/MWhLow 96.0 · High 156.0Lowest at 05:00Highest at 04:00Low 96.0 · High 156.0
23
🇵🇹Portugal
116.796.110:00180.503:0084.410:00-13:0097.6 EUR/MWhLow 96.1 · High 180.5Lowest at 10:00Highest at 03:00Low 96.1 · High 180.5
24
🇧🇬Bulgaria
117.696.112:00192.705:0096.612:00-15:0098.4 EUR/MWhLow 96.1 · High 192.7Lowest at 12:00Highest at 05:00Low 96.1 · High 192.7
25
🇷🇴Romania
117.696.112:00192.705:0096.612:00-15:0098.4 EUR/MWhLow 96.1 · High 192.7Lowest at 12:00Highest at 05:00Low 96.1 · High 192.7
26
🇪🇸Spain
118.496.111:00184.904:0088.811:00-14:0097.6 EUR/MWhLow 96.1 · High 184.9Lowest at 11:00Highest at 04:00Low 96.1 · High 184.9
27
🇭🇺Hungary
118.696.111:00200.604:00104.511:00-14:0098.4 EUR/MWhLow 96.1 · High 200.6Lowest at 11:00Highest at 04:00Low 96.1 · High 200.6
28
🇬🇧Great Britain wholesale
119.697.611:00145.803:0048.211:00-14:00106.8 EUR/MWhLow 97.6 · High 145.8Lowest at 11:00Highest at 03:00Low 97.6 · High 145.8
29
🇮🇪Ireland
123.6104.121:00159.903:0055.721:00-00:00107.0 EUR/MWhLow 104.1 · High 159.9Lowest at 21:00Highest at 03:00Low 104.1 · High 159.9
30
🇨🇭Switzerland
125.2115.103:00142.204:0027.103:00-06:00116.2 EUR/MWhLow 115.1 · High 142.2Lowest at 03:00Highest at 04:00Low 115.1 · High 142.2
31
🇮🇹Italy
7 price areas		130.2116.001:00148.504:0032.501:00-04:00120.1 EUR/MWhLow 116.0 · High 148.5Lowest at 01:00Highest at 04:00Low 116.0 · High 148.5

On Sunday, January 18, 2026, Brazil ranked lowest by average wholesale reference price, while Italy ranked highest. The widest price spread was in Estonia: 133.5 EUR/MWh.

Daily country electricity price ranking for 2026-01-18, 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
CCEE Open Data, ENTSO-E Transparency Platform, SMARD Bundesnetzagentur, Elexon BMRS Open Data

MethodologyMonthly archiveEuropean volatility reportHousehold prices by country