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 | 🇧🇷Brazil 4 price areas | 55.6 | 50.711:00 | 68.500:00 | 17.8 | 11:00-14:0051.4 EUR/MWh | Low 50.7 · High 68.5Lowest at 11:00Highest at 00:00Low 50.7 · High 68.5 |
| 2 | 🇦🇱Albania | 99.3 | 51.500:00 | 209.004:00 | 157.5 | 00:00-03:0054.2 EUR/MWh | Low 51.5 · High 209.0Lowest at 00:00Highest at 04:00Low 51.5 · High 209.0 |
| 3 | 🇬🇧Great Britain wholesale | 100.4 | 85.504:00 | 127.103:00 | 41.7 | 04:00-07:0089.5 EUR/MWh | Low 85.5 · High 127.1Lowest at 04:00Highest at 03:00Low 85.5 · High 127.1 |
| 4 | 🇵🇹Portugal | 100.8 | 76.602:00 | 132.003:00 | 55.4 | 02:00-05:0085.9 EUR/MWh | Low 76.6 · High 132.0Lowest at 02:00Highest at 03:00Low 76.6 · High 132.0 |
| 5 | 🇫🇷France | 101.3 | 82.403:00 | 144.204:00 | 61.8 | 03:00-06:0085.9 EUR/MWh | Low 82.4 · High 144.2Lowest at 03:00Highest at 04:00Low 82.4 · High 144.2 |
| 6 | 🇪🇸Spain | 101.6 | 82.403:00 | 132.004:00 | 49.6 | 03:00-06:0085.9 EUR/MWh | Low 82.4 · High 132.0Lowest at 03:00Highest at 04:00Low 82.4 · High 132.0 |
| 7 | 🇷🇸Serbia | 101.6 | 34.011:00 | 180.104:00 | 146.1 | 11:00-14:0043.7 EUR/MWh | Low 34.0 · High 180.1Lowest at 11:00Highest at 04:00Low 34.0 · High 180.1 |
| 8 | 🇮🇪Ireland | 108.2 | 89.612:00 | 137.003:00 | 47.4 | 12:00-15:0095.5 EUR/MWh | Low 89.6 · High 137.0Lowest at 12:00Highest at 03:00Low 89.6 · High 137.0 |
| 9 | 🇬🇷Greece | 111.2 | 83.209:00 | 168.905:00 | 85.7 | 09:00-12:0089.0 EUR/MWh | Low 83.2 · High 168.9Lowest at 09:00Highest at 05:00Low 83.2 · High 168.9 |
| 10 | 🇧🇪Belgium | 119.9 | 88.811:00 | 183.004:00 | 94.2 | 11:00-14:0097.8 EUR/MWh | Low 88.8 · High 183.0Lowest at 11:00Highest at 04:00Low 88.8 · High 183.0 |
| 11 | 🇳🇱Netherlands | 122.8 | 75.101:00 | 250.004:00 | 174.9 | 01:00-04:0091.4 EUR/MWh | Low 75.1 · High 250.0Lowest at 01:00Highest at 04:00Low 75.1 · High 250.0 |
| 12 | 🇲🇪Montenegro | 131.6 | 100.011:00 | 175.204:00 | 75.2 | 11:00-14:00105.4 EUR/MWh | Low 100.0 · High 175.2Lowest at 11:00Highest at 04:00Low 100.0 · High 175.2 |
| 13 | 🇳🇴Norway 5 price areas | 138.0 | 94.502:00 | 284.804:00 | 190.2 | 02:00-05:0097.7 EUR/MWh | Low 94.5 · High 284.8Lowest at 02:00Highest at 04:00Low 94.5 · High 284.8 |
| 14 | 🇮🇹Italy 7 price areas | 138.4 | 103.011:00 | 199.204:00 | 96.2 | 11:00-14:00117.9 EUR/MWh | Low 103.0 · High 199.2Lowest at 11:00Highest at 04:00Low 103.0 · High 199.2 |
| 15 | 🇩🇪Germany / Lux. | 150.8 | 87.802:00 | 311.404:00 | 223.6 | 02:00-05:00102.9 EUR/MWh | Low 87.8 · High 311.4Lowest at 02:00Highest at 04:00Low 87.8 · High 311.4 |
| 16 | 🇨🇿Czechia | 151.9 | 100.111:00 | 340.704:00 | 240.6 | 11:00-14:00104.5 EUR/MWh | Low 100.1 · High 340.7Lowest at 11:00Highest at 04:00Low 100.1 · High 340.7 |
| 17 | 🇲🇰North Macedonia | 154.4 | 92.011:00 | 276.004:00 | 184.0 | 11:00-14:0097.0 EUR/MWh | Low 92.0 · High 276.0Lowest at 11:00Highest at 04:00Low 92.0 · High 276.0 |
| 18 | 🇨🇭Switzerland | 156.0 | 108.002:00 | 252.704:00 | 144.7 | 02:00-05:00108.6 EUR/MWh | Low 108.0 · High 252.7Lowest at 02:00Highest at 04:00Low 108.0 · High 252.7 |
| 19 | 🇱🇺Luxembourg | 156.2 | 103.611:00 | 276.704:00 | 173.1 | 11:00-14:00105.8 EUR/MWh | Low 103.6 · High 276.7Lowest at 11:00Highest at 04:00Low 103.6 · High 276.7 |
| 20 | 🇦🇹Austria | 157.5 | 105.601:00 | 322.704:00 | 217.1 | 01:00-04:00114.1 EUR/MWh | Low 105.6 · High 322.7Lowest at 01:00Highest at 04:00Low 105.6 · High 322.7 |
| 21 | 🇸🇮Slovenia | 159.8 | 105.901:00 | 327.704:00 | 221.9 | 01:00-04:00114.0 EUR/MWh | Low 105.9 · High 327.7Lowest at 01:00Highest at 04:00Low 105.9 · High 327.7 |
| 22 | 🇸🇪Sweden 4 price areas | 162.0 | 95.502:00 | 347.204:00 | 251.7 | 02:00-05:00107.2 EUR/MWh | Low 95.5 · High 347.2Lowest at 02:00Highest at 04:00Low 95.5 · High 347.2 |
| 23 | 🇫🇮Finland | 164.2 | 101.103:00 | 346.405:00 | 245.3 | 03:00-06:00107.0 EUR/MWh | Low 101.1 · High 346.4Lowest at 03:00Highest at 05:00Low 101.1 · High 346.4 |
| 24 | 🇩🇰Denmark 2 price areas | 164.5 | 98.102:00 | 355.804:00 | 257.7 | 02:00-05:00111.1 EUR/MWh | Low 98.1 · High 355.8Lowest at 02:00Highest at 04:00Low 98.1 · High 355.8 |
| 25 | 🇸🇰Slovakia | 165.1 | 106.011:00 | 353.904:00 | 248.0 | 11:00-14:00110.6 EUR/MWh | Low 106.0 · High 353.9Lowest at 11:00Highest at 04:00Low 106.0 · High 353.9 |
| 26 | 🇭🇷Croatia | 166.8 | 105.901:00 | 340.704:00 | 234.8 | 01:00-04:00113.8 EUR/MWh | Low 105.9 · High 340.7Lowest at 01:00Highest at 04:00Low 105.9 · High 340.7 |
| 27 | 🇭🇺Hungary | 183.9 | 105.911:00 | 479.604:00 | 373.7 | 11:00-14:00112.7 EUR/MWh | Low 105.9 · High 479.6Lowest at 11:00Highest at 04:00Low 105.9 · High 479.6 |
| 28 | 🇧🇬Bulgaria | 187.2 | 104.312:00 | 471.805:00 | 367.5 | 12:00-15:00112.7 EUR/MWh | Low 104.3 · High 471.8Lowest at 12:00Highest at 05:00Low 104.3 · High 471.8 |
| 29 | 🇷🇴Romania | 187.2 | 104.312:00 | 471.805:00 | 367.5 | 12:00-15:00112.7 EUR/MWh | Low 104.3 · High 471.8Lowest at 12:00Highest at 05:00Low 104.3 · High 471.8 |
| 30 | 🇪🇪Estonia | 209.5 | 101.100:00 | 350.805:00 | 249.8 | 00:00-03:00110.9 EUR/MWh | Low 101.1 · High 350.8Lowest at 00:00Highest at 05:00Low 101.1 · High 350.8 |
| 31 | 🇱🇹Lithuania | 209.5 | 101.100:00 | 350.805:00 | 249.8 | 00:00-03:00110.9 EUR/MWh | Low 101.1 · High 350.8Lowest at 00:00Highest at 05:00Low 101.1 · High 350.8 |
| 32 | 🇱🇻Latvia | 209.5 | 101.100:00 | 350.805:00 | 249.8 | 00:00-03:00110.9 EUR/MWh | Low 101.1 · High 350.8Lowest at 00:00Highest at 05:00Low 101.1 · High 350.8 |
On Tuesday, January 20, 2026, Brazil ranked lowest by average wholesale reference price, while Estonia ranked highest. The widest price spread was in Hungary: 373.7 EUR/MWh.
Daily country electricity price ranking for 2026-01-20, 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, Elexon BMRS Open Data, SMARD Bundesnetzagentur
MethodologyMonthly archiveEuropean volatility reportHousehold prices by country