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 | 🇪🇸 Spain | 8.7 | -16.403:00 | 39.704:00 | 56.1 | 03:00-06:00 -7.4 EUR/MWh | Low -16.4 · High 39.7 Lowest at 03:00 Highest at 04:00 Low -16.4 · High 39.7 |
| 2 | 🇵🇹 Portugal | 16.5 | 0.009:00 | 39.703:00 | 39.7 | 09:00-12:00 0.5 EUR/MWh | Low 0.0 · High 39.7 Lowest at 09:00 Highest at 03:00 Low 0.0 · High 39.7 |
| 3 | 🇧🇷 Brazil 4 price areas | 33.4 | 9.808:00 | 51.300:00 | 41.5 | 08:00-11:00 9.8 EUR/MWh | Low 9.8 · High 51.3 Lowest at 08:00 Highest at 00:00 Low 9.8 · High 51.3 |
| 4 | 🇦🇱 Albania | 79.1 | 7.009:00 | 153.004:00 | 146.0 | 09:00-12:00 32.3 EUR/MWh | Low 7.0 · High 153.0 Lowest at 09:00 Highest at 04:00 Low 7.0 · High 153.0 |
| 5 | 🇷🇸 Serbia | 90.2 | 56.004:00 | 115.604:00 | 59.6 | 04:00-07:00 59.0 EUR/MWh | Low 56.0 · High 115.6 Lowest at 04:00 Highest at 04:00 Low 56.0 · High 115.6 |
| 6 | 🇳🇴 Norway 5 price areas | 98.9 | 82.802:00 | 131.404:00 | 48.6 | 02:00-05:00 84.8 EUR/MWh | Low 82.8 · High 131.4 Lowest at 02:00 Highest at 04:00 Low 82.8 · High 131.4 |
| 7 | 🇫🇷 France | 99.9 | 58.103:00 | 138.004:00 | 79.9 | 03:00-06:00 73.7 EUR/MWh | Low 58.1 · High 138.0 Lowest at 03:00 Highest at 04:00 Low 58.1 · High 138.0 |
| 8 | 🇸🇪 Sweden 4 price areas | 106.0 | 85.805:00 | 133.804:00 | 48.0 | 05:00-08:00 90.4 EUR/MWh | Low 85.8 · High 133.8 Lowest at 05:00 Highest at 04:00 Low 85.8 · High 133.8 |
| 9 | 🇬🇷 Greece | 106.3 | 0.021:00 | 141.105:00 | 141.1 | 21:00-00:00 77.8 EUR/MWh | Low 0.0 · High 141.1 Lowest at 21:00 Highest at 05:00 Low 0.0 · High 141.1 |
| 10 | 🇫🇮 Finland | 106.7 | 86.906:00 | 134.905:00 | 47.9 | 06:00-09:00 91.4 EUR/MWh | Low 86.9 · High 134.9 Lowest at 06:00 Highest at 05:00 Low 86.9 · High 134.9 |
| 11 | 🇪🇪 Estonia | 109.0 | 89.706:00 | 135.005:00 | 45.3 | 06:00-09:00 93.3 EUR/MWh | Low 89.7 · High 135.0 Lowest at 06:00 Highest at 05:00 Low 89.7 · High 135.0 |
| 12 | 🇱🇹 Lithuania | 109.0 | 89.706:00 | 135.005:00 | 45.3 | 06:00-09:00 93.3 EUR/MWh | Low 89.7 · High 135.0 Lowest at 06:00 Highest at 05:00 Low 89.7 · High 135.0 |
| 13 | 🇱🇻 Latvia | 109.0 | 89.706:00 | 135.005:00 | 45.3 | 06:00-09:00 93.3 EUR/MWh | Low 89.7 · High 135.0 Lowest at 06:00 Highest at 05:00 Low 89.7 · High 135.0 |
| 14 | 🇧🇪 Belgium | 109.7 | 91.204:00 | 138.004:00 | 46.8 | 04:00-07:00 94.2 EUR/MWh | Low 91.2 · High 138.0 Lowest at 04:00 Highest at 04:00 Low 91.2 · High 138.0 |
| 15 | 🇳🇱 Netherlands | 110.5 | 95.904:00 | 138.804:00 | 42.9 | 04:00-07:00 97.2 EUR/MWh | Low 95.9 · High 138.8 Lowest at 04:00 Highest at 04:00 Low 95.9 · High 138.8 |
| 16 | 🇩🇰 Denmark 2 price areas | 111.1 | 95.904:00 | 138.804:00 | 42.9 | 04:00-07:00 97.2 EUR/MWh | Low 95.9 · High 138.8 Lowest at 04:00 Highest at 04:00 Low 95.9 · High 138.8 |
| 17 | 🇲🇰 North Macedonia | 111.4 | 85.104:00 | 147.004:00 | 61.9 | 04:00-07:00 87.2 EUR/MWh | Low 85.1 · High 147.0 Lowest at 04:00 Highest at 04:00 Low 85.1 · High 147.0 |
| 18 | 🇱🇺 Luxembourg | 111.9 | 100.004:00 | 137.404:00 | 37.4 | 04:00-07:00 100.4 EUR/MWh | Low 100.0 · High 137.4 Lowest at 04:00 Highest at 04:00 Low 100.0 · High 137.4 |
| 19 | 🇬🇧 Great Britain wholesale | 112.3 | 88.201:00 | 139.703:00 | 51.4 | 01:00-04:00 90.8 EUR/MWh | Low 88.2 · High 139.7 Lowest at 01:00 Highest at 03:00 Low 88.2 · High 139.7 |
| 20 | 🇩🇪 Germany / Lux. | 113.3 | 89.604:00 | 154.604:00 | 65.0 | 04:00-07:00 97.0 EUR/MWh | Low 89.6 · High 154.6 Lowest at 04:00 Highest at 04:00 Low 89.6 · High 154.6 |
| 21 | 🇨🇿 Czechia | 115.5 | 100.600:00 | 140.404:00 | 39.8 | 00:00-03:00 102.1 EUR/MWh | Low 100.6 · High 140.4 Lowest at 00:00 Highest at 04:00 Low 100.6 · High 140.4 |
| 22 | 🇸🇰 Slovakia | 117.0 | 101.000:00 | 140.704:00 | 39.7 | 00:00-03:00 102.3 EUR/MWh | Low 101.0 · High 140.7 Lowest at 00:00 Highest at 04:00 Low 101.0 · High 140.7 |
| 23 | 🇧🇬 Bulgaria | 118.2 | 101.401:00 | 141.105:00 | 39.7 | 01:00-04:00 102.4 EUR/MWh | Low 101.4 · High 141.1 Lowest at 01:00 Highest at 05:00 Low 101.4 · High 141.1 |
| 24 | 🇷🇴 Romania | 118.2 | 101.401:00 | 141.105:00 | 39.7 | 01:00-04:00 102.4 EUR/MWh | Low 101.4 · High 141.1 Lowest at 01:00 Highest at 05:00 Low 101.4 · High 141.1 |
| 25 | 🇭🇷 Croatia | 118.8 | 101.500:00 | 141.904:00 | 40.4 | 00:00-03:00 102.6 EUR/MWh | Low 101.5 · High 141.9 Lowest at 00:00 Highest at 04:00 Low 101.5 · High 141.9 |
| 26 | 🇭🇺 Hungary | 119.0 | 101.300:00 | 141.004:00 | 39.7 | 00:00-03:00 102.4 EUR/MWh | Low 101.3 · High 141.0 Lowest at 00:00 Highest at 04:00 Low 101.3 · High 141.0 |
| 27 | 🇸🇮 Slovenia | 119.1 | 101.500:00 | 142.404:00 | 40.9 | 00:00-03:00 102.6 EUR/MWh | Low 101.5 · High 142.4 Lowest at 00:00 Highest at 04:00 Low 101.5 · High 142.4 |
| 28 | 🇮🇪 Ireland | 120.4 | 99.005:00 | 177.803:00 | 78.8 | 05:00-08:00 99.8 EUR/MWh | Low 99.0 · High 177.8 Lowest at 05:00 Highest at 03:00 Low 99.0 · High 177.8 |
| 29 | 🇦🇹 Austria | 121.0 | 101.500:00 | 152.504:00 | 51.0 | 00:00-03:00 102.5 EUR/MWh | Low 101.5 · High 152.5 Lowest at 00:00 Highest at 04:00 Low 101.5 · High 152.5 |
| 30 | 🇮🇹 Italy 7 price areas | 128.6 | 106.504:00 | 148.104:00 | 41.7 | 04:00-07:00 113.4 EUR/MWh | Low 106.5 · High 148.1 Lowest at 04:00 Highest at 04:00 Low 106.5 · High 148.1 |
| 31 | 🇨🇭 Switzerland | 132.6 | 117.602:00 | 145.004:00 | 27.4 | 02:00-05:00 119.2 EUR/MWh | Low 117.6 · High 145.0 Lowest at 02:00 Highest at 04:00 Low 117.6 · High 145.0 |
On Sunday, January 25, 2026, Spain ranked lowest by average wholesale reference price, while Switzerland ranked highest. The widest price spread was in Albania: 146.0 EUR/MWh.
Daily country electricity price ranking for 2026-01-25, 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