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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 🇧🇷 Brazil 44.6 EUR/MWh
Highest average 🇮🇹 Italy 130.2 EUR/MWh
Widest spread 🇪🇪 Estonia 133.5 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.
Rank Country Avg EUR/MWh Low EUR/MWh High EUR/MWh Spread EUR/MWh Cheapest 3h Mobile summary
1
🇧🇷 Brazil
4 price areas 		44.6 9.809:00 56.300:00 46.5 09:00-12:00 9.8 EUR/MWh Low 9.8 · High 56.3 Lowest at 09:00 Highest at 00:00 Low 9.8 · High 56.3
2
🇫🇮 Finland
89.8 47.800:00 138.005:00 90.2 00:00-03:00 54.8 EUR/MWh Low 47.8 · High 138.0 Lowest at 00:00 Highest at 05:00 Low 47.8 · High 138.0
3
🇸🇪 Sweden
4 price areas 		94.7 58.400:00 138.204:00 79.8 00:00-03:00 71.4 EUR/MWh Low 58.4 · High 138.2 Lowest at 00:00 Highest at 04:00 Low 58.4 · High 138.2
4
🇳🇴 Norway
5 price areas 		96.4 77.801:00 141.304:00 63.5 01:00-04:00 80.7 EUR/MWh Low 77.8 · High 141.3 Lowest at 01:00 Highest at 04:00 Low 77.8 · High 141.3
5
🇬🇷 Greece
96.7 76.310:00 161.305:00 85.0 10:00-13:00 81.0 EUR/MWh Low 76.3 · High 161.3 Lowest at 10:00 Highest at 05:00 Low 76.3 · High 161.3
6
🇲🇪 Montenegro
104.8 80.102:00 130.004:00 49.9 02:00-05:00 82.0 EUR/MWh Low 80.1 · High 130.0 Lowest at 02:00 Highest at 04:00 Low 80.1 · High 130.0
7
🇩🇪 Germany / Lux.
106.1 84.602:00 146.204:00 61.6 02:00-05:00 95.0 EUR/MWh Low 84.6 · High 146.2 Lowest at 02:00 Highest at 04:00 Low 84.6 · High 146.2
8
🇩🇰 Denmark
2 price areas 		108.1 96.111:00 146.204:00 50.1 11:00-14:00 97.4 EUR/MWh Low 96.1 · High 146.2 Lowest at 11:00 Highest at 04:00 Low 96.1 · High 146.2
9
🇳🇱 Netherlands
108.1 96.111:00 146.204:00 50.1 11:00-14:00 97.4 EUR/MWh Low 96.1 · High 146.2 Lowest at 11:00 Highest at 04:00 Low 96.1 · High 146.2
10
🇱🇺 Luxembourg
109.4 96.911:00 142.204:00 45.3 11:00-14:00 97.4 EUR/MWh Low 96.9 · High 142.2 Lowest at 11:00 Highest at 04:00 Low 96.9 · High 142.2
11
🇪🇪 Estonia
110.0 66.505:00 199.905:00 133.5 05:00-08:00 82.4 EUR/MWh Low 66.5 · High 199.9 Lowest at 05:00 Highest at 05:00 Low 66.5 · High 199.9
12
🇱🇹 Lithuania
110.0 66.505:00 199.905:00 133.5 05:00-08:00 82.4 EUR/MWh Low 66.5 · High 199.9 Lowest at 05:00 Highest at 05:00 Low 66.5 · High 199.9
13
🇱🇻 Latvia
110.0 66.505:00 199.905:00 133.5 05:00-08:00 82.4 EUR/MWh Low 66.5 · High 199.9 Lowest at 05:00 Highest at 05:00 Low 66.5 · High 199.9
14
🇨🇿 Czechia
110.1 96.111:00 145.304:00 49.2 11:00-14:00 97.6 EUR/MWh Low 96.1 · High 145.3 Lowest at 11:00 Highest at 04:00 Low 96.1 · High 145.3
15
🇸🇰 Slovakia
110.5 93.811:00 143.804:00 50.0 11:00-14:00 98.2 EUR/MWh Low 93.8 · High 143.8 Lowest at 11:00 Highest at 04:00 Low 93.8 · High 143.8
16
🇫🇷 France
110.5 96.111:00 147.604:00 51.5 11:00-14:00 97.6 EUR/MWh Low 96.1 · High 147.6 Lowest at 11:00 Highest at 04:00 Low 96.1 · High 147.6
17
🇧🇪 Belgium
111.4 96.111:00 153.504:00 57.3 11:00-14:00 97.5 EUR/MWh Low 96.1 · High 153.5 Lowest at 11:00 Highest at 04:00 Low 96.1 · High 153.5
18
🇷🇸 Serbia
112.3 95.011:00 145.004:00 50.0 11:00-14:00 97.4 EUR/MWh Low 95.0 · High 145.0 Lowest at 11:00 Highest at 04:00 Low 95.0 · High 145.0
19
🇸🇮 Slovenia
114.4 96.111:00 148.504:00 52.4 11:00-14:00 98.6 EUR/MWh Low 96.1 · High 148.5 Lowest at 11:00 Highest at 04:00 Low 96.1 · High 148.5
20
🇦🇹 Austria
114.7 96.111:00 152.504:00 56.4 11:00-14:00 99.2 EUR/MWh Low 96.1 · High 152.5 Lowest at 11:00 Highest at 04:00 Low 96.1 · High 152.5
21
🇭🇷 Croatia
115.7 96.111:00 157.104:00 60.9 11:00-14:00 98.5 EUR/MWh Low 96.1 · High 157.1 Lowest at 11:00 Highest at 04:00 Low 96.1 · High 157.1
22
🇲🇰 North Macedonia
115.9 96.005:00 156.004:00 60.0 05:00-08:00 99.4 EUR/MWh Low 96.0 · High 156.0 Lowest at 05:00 Highest at 04:00 Low 96.0 · High 156.0
23
🇵🇹 Portugal
116.7 96.110:00 180.503:00 84.4 10:00-13:00 97.6 EUR/MWh Low 96.1 · High 180.5 Lowest at 10:00 Highest at 03:00 Low 96.1 · High 180.5
24
🇧🇬 Bulgaria
117.6 96.112:00 192.705:00 96.6 12:00-15:00 98.4 EUR/MWh Low 96.1 · High 192.7 Lowest at 12:00 Highest at 05:00 Low 96.1 · High 192.7
25
🇷🇴 Romania
117.6 96.112:00 192.705:00 96.6 12:00-15:00 98.4 EUR/MWh Low 96.1 · High 192.7 Lowest at 12:00 Highest at 05:00 Low 96.1 · High 192.7
26
🇪🇸 Spain
118.4 96.111:00 184.904:00 88.8 11:00-14:00 97.6 EUR/MWh Low 96.1 · High 184.9 Lowest at 11:00 Highest at 04:00 Low 96.1 · High 184.9
27
🇭🇺 Hungary
118.6 96.111:00 200.604:00 104.5 11:00-14:00 98.4 EUR/MWh Low 96.1 · High 200.6 Lowest at 11:00 Highest at 04:00 Low 96.1 · High 200.6
28
🇬🇧 Great Britain wholesale
119.6 97.611:00 145.803:00 48.2 11:00-14:00 106.8 EUR/MWh Low 97.6 · High 145.8 Lowest at 11:00 Highest at 03:00 Low 97.6 · High 145.8
29
🇮🇪 Ireland
123.6 104.121:00 159.903:00 55.7 21:00-00:00 107.0 EUR/MWh Low 104.1 · High 159.9 Lowest at 21:00 Highest at 03:00 Low 104.1 · High 159.9
30
🇨🇭 Switzerland
125.2 115.103:00 142.204:00 27.1 03:00-06:00 116.2 EUR/MWh Low 115.1 · High 142.2 Lowest at 03:00 Highest at 04:00 Low 115.1 · High 142.2
31
🇮🇹 Italy
7 price areas 		130.2 116.001:00 148.504:00 32.5 01:00-04:00 120.1 EUR/MWh Low 116.0 · High 148.5 Lowest at 01:00 Highest at 04:00 Low 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.

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

Methodology Monthly archive Household prices by country