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🇪🇸 Spain8.7 EUR/MWh
Highest average🇨🇭 Switzerland132.6 EUR/MWh
Widest spread🇦🇱 Albania146.0 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 25, 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
🇪🇸Spain
8.7-16.403:0039.704:0056.103:00-06:00-7.4 EUR/MWhLow -16.4 · High 39.7Lowest at 03:00Highest at 04:00Low -16.4 · High 39.7
2
🇵🇹Portugal
16.50.009:0039.703:0039.709:00-12:000.5 EUR/MWhLow 0.0 · High 39.7Lowest at 09:00Highest at 03:00Low 0.0 · High 39.7
3
🇧🇷Brazil
4 price areas
33.49.808:0051.300:0041.508:00-11:009.8 EUR/MWhLow 9.8 · High 51.3Lowest at 08:00Highest at 00:00Low 9.8 · High 51.3
4
🇦🇱Albania
79.17.009:00153.004:00146.009:00-12:0032.3 EUR/MWhLow 7.0 · High 153.0Lowest at 09:00Highest at 04:00Low 7.0 · High 153.0
5
🇷🇸Serbia
90.256.004:00115.604:0059.604:00-07:0059.0 EUR/MWhLow 56.0 · High 115.6Lowest at 04:00Highest at 04:00Low 56.0 · High 115.6
6
🇳🇴Norway
5 price areas
98.982.802:00131.404:0048.602:00-05:0084.8 EUR/MWhLow 82.8 · High 131.4Lowest at 02:00Highest at 04:00Low 82.8 · High 131.4
7
🇫🇷France
99.958.103:00138.004:0079.903:00-06:0073.7 EUR/MWhLow 58.1 · High 138.0Lowest at 03:00Highest at 04:00Low 58.1 · High 138.0
8
🇸🇪Sweden
4 price areas
106.085.805:00133.804:0048.005:00-08:0090.4 EUR/MWhLow 85.8 · High 133.8Lowest at 05:00Highest at 04:00Low 85.8 · High 133.8
9
🇬🇷Greece
106.30.021:00141.105:00141.121:00-00:0077.8 EUR/MWhLow 0.0 · High 141.1Lowest at 21:00Highest at 05:00Low 0.0 · High 141.1
10
🇫🇮Finland
106.786.906:00134.905:0047.906:00-09:0091.4 EUR/MWhLow 86.9 · High 134.9Lowest at 06:00Highest at 05:00Low 86.9 · High 134.9
11
🇪🇪Estonia
109.089.706:00135.005:0045.306:00-09:0093.3 EUR/MWhLow 89.7 · High 135.0Lowest at 06:00Highest at 05:00Low 89.7 · High 135.0
12
🇱🇹Lithuania
109.089.706:00135.005:0045.306:00-09:0093.3 EUR/MWhLow 89.7 · High 135.0Lowest at 06:00Highest at 05:00Low 89.7 · High 135.0
13
🇱🇻Latvia
109.089.706:00135.005:0045.306:00-09:0093.3 EUR/MWhLow 89.7 · High 135.0Lowest at 06:00Highest at 05:00Low 89.7 · High 135.0
14
🇧🇪Belgium
109.791.204:00138.004:0046.804:00-07:0094.2 EUR/MWhLow 91.2 · High 138.0Lowest at 04:00Highest at 04:00Low 91.2 · High 138.0
15
🇳🇱Netherlands
110.595.904:00138.804:0042.904:00-07:0097.2 EUR/MWhLow 95.9 · High 138.8Lowest at 04:00Highest at 04:00Low 95.9 · High 138.8
16
🇩🇰Denmark
2 price areas
111.195.904:00138.804:0042.904:00-07:0097.2 EUR/MWhLow 95.9 · High 138.8Lowest at 04:00Highest at 04:00Low 95.9 · High 138.8
17
🇲🇰North Macedonia
111.485.104:00147.004:0061.904:00-07:0087.2 EUR/MWhLow 85.1 · High 147.0Lowest at 04:00Highest at 04:00Low 85.1 · High 147.0
18
🇱🇺Luxembourg
111.9100.004:00137.404:0037.404:00-07:00100.4 EUR/MWhLow 100.0 · High 137.4Lowest at 04:00Highest at 04:00Low 100.0 · High 137.4
19
🇬🇧Great Britain wholesale
112.388.201:00139.703:0051.401:00-04:0090.8 EUR/MWhLow 88.2 · High 139.7Lowest at 01:00Highest at 03:00Low 88.2 · High 139.7
20
🇩🇪Germany / Lux.
113.389.604:00154.604:0065.004:00-07:0097.0 EUR/MWhLow 89.6 · High 154.6Lowest at 04:00Highest at 04:00Low 89.6 · High 154.6
21
🇨🇿Czechia
115.5100.600:00140.404:0039.800:00-03:00102.1 EUR/MWhLow 100.6 · High 140.4Lowest at 00:00Highest at 04:00Low 100.6 · High 140.4
22
🇸🇰Slovakia
117.0101.000:00140.704:0039.700:00-03:00102.3 EUR/MWhLow 101.0 · High 140.7Lowest at 00:00Highest at 04:00Low 101.0 · High 140.7
23
🇧🇬Bulgaria
118.2101.401:00141.105:0039.701:00-04:00102.4 EUR/MWhLow 101.4 · High 141.1Lowest at 01:00Highest at 05:00Low 101.4 · High 141.1
24
🇷🇴Romania
118.2101.401:00141.105:0039.701:00-04:00102.4 EUR/MWhLow 101.4 · High 141.1Lowest at 01:00Highest at 05:00Low 101.4 · High 141.1
25
🇭🇷Croatia
118.8101.500:00141.904:0040.400:00-03:00102.6 EUR/MWhLow 101.5 · High 141.9Lowest at 00:00Highest at 04:00Low 101.5 · High 141.9
26
🇭🇺Hungary
119.0101.300:00141.004:0039.700:00-03:00102.4 EUR/MWhLow 101.3 · High 141.0Lowest at 00:00Highest at 04:00Low 101.3 · High 141.0
27
🇸🇮Slovenia
119.1101.500:00142.404:0040.900:00-03:00102.6 EUR/MWhLow 101.5 · High 142.4Lowest at 00:00Highest at 04:00Low 101.5 · High 142.4
28
🇮🇪Ireland
120.499.005:00177.803:0078.805:00-08:0099.8 EUR/MWhLow 99.0 · High 177.8Lowest at 05:00Highest at 03:00Low 99.0 · High 177.8
29
🇦🇹Austria
121.0101.500:00152.504:0051.000:00-03:00102.5 EUR/MWhLow 101.5 · High 152.5Lowest at 00:00Highest at 04:00Low 101.5 · High 152.5
30
🇮🇹Italy
7 price areas
128.6106.504:00148.104:0041.704:00-07:00113.4 EUR/MWhLow 106.5 · High 148.1Lowest at 04:00Highest at 04:00Low 106.5 · High 148.1
31
🇨🇭Switzerland
132.6117.602:00145.004:0027.402:00-05:00119.2 EUR/MWhLow 117.6 · High 145.0Lowest at 02:00Highest at 04:00Low 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.

Tomorrow, without checking

Turn the price curve into one useful daily email.

Choose a country, see its cheapest and peak window, then receive the next published day-ahead brief by email.

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