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 | 50.2 | 48.311:00 | 52.800:00 | 4.5 | 11:00-14:0048.7 EUR/MWh | Low 48.3 · High 52.8Lowest at 11:00Highest at 00:00Low 48.3 · High 52.8 |
| 2 | 🇪🇸Spain | 58.8 | 1.503:00 | 92.004:00 | 90.5 | 03:00-06:0036.1 EUR/MWh | Low 1.5 · High 92.0Lowest at 03:00Highest at 04:00Low 1.5 · High 92.0 |
| 3 | 🇵🇹Portugal | 59.2 | 20.002:00 | 92.003:00 | 72.1 | 02:00-05:0036.1 EUR/MWh | Low 20.0 · High 92.0Lowest at 02:00Highest at 03:00Low 20.0 · High 92.0 |
| 4 | 🇫🇷France | 88.6 | 19.903:00 | 140.104:00 | 120.3 | 03:00-06:0036.1 EUR/MWh | Low 19.9 · High 140.1Lowest at 03:00Highest at 04:00Low 19.9 · High 140.1 |
| 5 | 🇩🇰Denmark 2 price areas | 90.6 | 67.403:00 | 124.504:00 | 57.2 | 03:00-06:0074.9 EUR/MWh | Low 67.4 · High 124.5Lowest at 03:00Highest at 04:00Low 67.4 · High 124.5 |
| 6 | 🇸🇪Sweden 4 price areas | 97.6 | 78.302:00 | 133.604:00 | 55.3 | 02:00-05:0081.6 EUR/MWh | Low 78.3 · High 133.6Lowest at 02:00Highest at 04:00Low 78.3 · High 133.6 |
| 7 | 🇳🇴Norway 5 price areas | 97.9 | 79.203:00 | 126.204:00 | 46.9 | 03:00-06:0083.6 EUR/MWh | Low 79.2 · High 126.2Lowest at 03:00Highest at 04:00Low 79.2 · High 126.2 |
| 8 | 🇳🇱Netherlands | 102.4 | 80.903:00 | 143.204:00 | 62.3 | 03:00-06:0084.9 EUR/MWh | Low 80.9 · High 143.2Lowest at 03:00Highest at 04:00Low 80.9 · High 143.2 |
| 9 | 🇧🇪Belgium | 103.2 | 73.303:00 | 143.004:00 | 69.7 | 03:00-06:0078.5 EUR/MWh | Low 73.3 · High 143.0Lowest at 03:00Highest at 04:00Low 73.3 · High 143.0 |
| 10 | 🇱🇺Luxembourg | 105.3 | 83.911:00 | 137.104:00 | 53.3 | 11:00-14:0087.0 EUR/MWh | Low 83.9 · High 137.1Lowest at 11:00Highest at 04:00Low 83.9 · High 137.1 |
| 11 | 🇩🇪Germany / Lux. | 106.5 | 71.511:00 | 149.204:00 | 77.7 | 11:00-14:0087.4 EUR/MWh | Low 71.5 · High 149.2Lowest at 11:00Highest at 04:00Low 71.5 · High 149.2 |
| 12 | 🇬🇧Great Britain wholesale | 111.7 | 71.900:00 | 138.703:00 | 66.8 | 00:00-03:0079.4 EUR/MWh | Low 71.9 · High 138.7Lowest at 00:00Highest at 03:00Low 71.9 · High 138.7 |
| 13 | 🇫🇮Finland | 131.3 | 79.802:00 | 207.705:00 | 127.9 | 02:00-05:0082.4 EUR/MWh | Low 79.8 · High 207.7Lowest at 02:00Highest at 05:00Low 79.8 · High 207.7 |
| 14 | 🇪🇪Estonia | 136.7 | 79.802:00 | 253.405:00 | 173.6 | 02:00-05:0082.4 EUR/MWh | Low 79.8 · High 253.4Lowest at 02:00Highest at 05:00Low 79.8 · High 253.4 |
| 15 | 🇱🇹Lithuania | 136.7 | 79.802:00 | 253.405:00 | 173.6 | 02:00-05:0082.4 EUR/MWh | Low 79.8 · High 253.4Lowest at 02:00Highest at 05:00Low 79.8 · High 253.4 |
| 16 | 🇱🇻Latvia | 136.7 | 79.802:00 | 253.405:00 | 173.6 | 02:00-05:0082.4 EUR/MWh | Low 79.8 · High 253.4Lowest at 02:00Highest at 05:00Low 79.8 · High 253.4 |
| 17 | 🇨🇿Czechia | 139.3 | 80.511:00 | 260.004:00 | 179.5 | 11:00-14:00104.2 EUR/MWh | Low 80.5 · High 260.0Lowest at 11:00Highest at 04:00Low 80.5 · High 260.0 |
| 18 | 🇨🇭Switzerland | 155.1 | 131.502:00 | 187.904:00 | 56.4 | 02:00-05:00132.5 EUR/MWh | Low 131.5 · High 187.9Lowest at 02:00Highest at 04:00Low 131.5 · High 187.9 |
| 19 | 🇲🇪Montenegro | 156.2 | 115.002:00 | 204.004:00 | 89.0 | 02:00-05:00117.4 EUR/MWh | Low 115.0 · High 204.0Lowest at 02:00Highest at 04:00Low 115.0 · High 204.0 |
| 20 | 🇮🇪Ireland | 156.7 | 95.900:00 | 225.503:00 | 129.6 | 00:00-03:0097.7 EUR/MWh | Low 95.9 · High 225.5Lowest at 00:00Highest at 03:00Low 95.9 · High 225.5 |
| 21 | 🇮🇹Italy 7 price areas | 159.6 | 127.301:00 | 212.604:00 | 85.3 | 01:00-04:00129.1 EUR/MWh | Low 127.3 · High 212.6Lowest at 01:00Highest at 04:00Low 127.3 · High 212.6 |
| 22 | 🇲🇰North Macedonia | 159.8 | 114.002:00 | 277.104:00 | 163.1 | 02:00-05:00115.0 EUR/MWh | Low 114.0 · High 277.1Lowest at 02:00Highest at 04:00Low 114.0 · High 277.1 |
| 23 | 🇸🇰Slovakia | 162.1 | 97.501:00 | 401.404:00 | 303.9 | 01:00-04:00118.8 EUR/MWh | Low 97.5 · High 401.4Lowest at 01:00Highest at 04:00Low 97.5 · High 401.4 |
| 24 | 🇦🇱Albania | 165.9 | 125.002:00 | 204.004:00 | 79.0 | 02:00-05:00135.5 EUR/MWh | Low 125.0 · High 204.0Lowest at 02:00Highest at 04:00Low 125.0 · High 204.0 |
| 25 | 🇬🇷Greece | 166.7 | 120.902:00 | 303.205:00 | 182.3 | 02:00-05:00127.4 EUR/MWh | Low 120.9 · High 303.2Lowest at 02:00Highest at 05:00Low 120.9 · High 303.2 |
| 26 | 🇷🇸Serbia | 172.6 | 122.202:00 | 261.104:00 | 138.9 | 02:00-05:00122.5 EUR/MWh | Low 122.2 · High 261.1Lowest at 02:00Highest at 04:00Low 122.2 · High 261.1 |
| 27 | 🇸🇮Slovenia | 205.2 | 121.901:00 | 347.704:00 | 225.8 | 01:00-04:00128.1 EUR/MWh | Low 121.9 · High 347.7Lowest at 01:00Highest at 04:00Low 121.9 · High 347.7 |
| 28 | 🇦🇹Austria | 218.5 | 128.801:00 | 378.404:00 | 249.6 | 01:00-04:00137.8 EUR/MWh | Low 128.8 · High 378.4Lowest at 01:00Highest at 04:00Low 128.8 · High 378.4 |
| 29 | 🇭🇷Croatia | 220.3 | 122.001:00 | 391.104:00 | 269.1 | 01:00-04:00127.1 EUR/MWh | Low 122.0 · High 391.1Lowest at 01:00Highest at 04:00Low 122.0 · High 391.1 |
| 30 | 🇭🇺Hungary | 246.5 | 117.702:00 | 500.104:00 | 382.5 | 02:00-05:00125.2 EUR/MWh | Low 117.7 · High 500.1Lowest at 02:00Highest at 04:00Low 117.7 · High 500.1 |
| 31 | 🇧🇬Bulgaria | 275.9 | 120.902:00 | 524.805:00 | 403.8 | 02:00-05:00127.4 EUR/MWh | Low 120.9 · High 524.8Lowest at 02:00Highest at 05:00Low 120.9 · High 524.8 |
| 32 | 🇷🇴Romania | 275.9 | 120.902:00 | 524.805:00 | 403.8 | 02:00-05:00127.4 EUR/MWh | Low 120.9 · High 524.8Lowest at 02:00Highest at 05:00Low 120.9 · High 524.8 |
On Thursday, January 22, 2026, Brazil ranked lowest by average wholesale reference price, while Bulgaria ranked highest. The widest price spread was in Bulgaria: 403.8 EUR/MWh.
Daily country electricity price ranking for 2026-01-22, 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