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 | 38.0 | -0.202:00 | 96.504:00 | 96.7 | 02:00-05:002.0 EUR/MWh | Low -0.2 · High 96.5Lowest at 02:00Highest at 04:00Low -0.2 · High 96.5 |
| 2 | 🇵🇹Portugal | 39.4 | 1.300:00 | 90.003:00 | 88.7 | 00:00-03:002.7 EUR/MWh | Low 1.3 · High 90.0Lowest at 00:00Highest at 03:00Low 1.3 · High 90.0 |
| 3 | 🇧🇷Brazil 4 price areas | 48.7 | 44.608:00 | 56.300:00 | 11.7 | 08:00-11:0045.3 EUR/MWh | Low 44.6 · High 56.3Lowest at 08:00Highest at 00:00Low 44.6 · High 56.3 |
| 4 | 🇬🇷Greece | 105.9 | 30.000:00 | 209.805:00 | 179.8 | 00:00-03:0081.8 EUR/MWh | Low 30.0 · High 209.8Lowest at 00:00Highest at 05:00Low 30.0 · High 209.8 |
| 5 | 🇷🇸Serbia | 106.5 | 10.302:00 | 230.004:00 | 219.7 | 02:00-05:0012.4 EUR/MWh | Low 10.3 · High 230.0Lowest at 02:00Highest at 04:00Low 10.3 · High 230.0 |
| 6 | 🇲🇰North Macedonia | 109.5 | 30.902:00 | 161.904:00 | 131.1 | 02:00-05:0036.4 EUR/MWh | Low 30.9 · High 161.9Lowest at 02:00Highest at 04:00Low 30.9 · High 161.9 |
| 7 | 🇫🇷France | 116.6 | 80.803:00 | 189.704:00 | 108.9 | 03:00-06:0094.7 EUR/MWh | Low 80.8 · High 189.7Lowest at 03:00Highest at 04:00Low 80.8 · High 189.7 |
| 8 | 🇲🇪Montenegro | 122.7 | 63.005:00 | 188.804:00 | 125.8 | 05:00-08:0076.9 EUR/MWh | Low 63.0 · High 188.8Lowest at 05:00Highest at 04:00Low 63.0 · High 188.8 |
| 9 | 🇬🇧Great Britain wholesale | 123.6 | 99.402:00 | 155.403:00 | 56.1 | 02:00-05:00104.1 EUR/MWh | Low 99.4 · High 155.4Lowest at 02:00Highest at 03:00Low 99.4 · High 155.4 |
| 10 | 🇮🇪Ireland | 123.9 | 99.203:00 | 178.003:00 | 78.8 | 03:00-06:00100.0 EUR/MWh | Low 99.2 · High 178.0Lowest at 03:00Highest at 03:00Low 99.2 · High 178.0 |
| 11 | 🇳🇴Norway 5 price areas | 129.8 | 84.203:00 | 197.204:00 | 113.0 | 03:00-06:0091.2 EUR/MWh | Low 84.2 · High 197.2Lowest at 03:00Highest at 04:00Low 84.2 · High 197.2 |
| 12 | 🇸🇪Sweden 4 price areas | 131.0 | 81.802:00 | 199.804:00 | 118.0 | 02:00-05:0093.9 EUR/MWh | Low 81.8 · High 199.8Lowest at 02:00Highest at 04:00Low 81.8 · High 199.8 |
| 13 | 🇦🇱Albania | 132.7 | 54.303:00 | 216.004:00 | 161.7 | 03:00-06:0055.2 EUR/MWh | Low 54.3 · High 216.0Lowest at 03:00Highest at 04:00Low 54.3 · High 216.0 |
| 14 | 🇩🇰Denmark 2 price areas | 136.5 | 93.403:00 | 200.004:00 | 106.6 | 03:00-06:0095.7 EUR/MWh | Low 93.4 · High 200.0Lowest at 03:00Highest at 04:00Low 93.4 · High 200.0 |
| 15 | 🇧🇪Belgium | 136.9 | 93.603:00 | 191.504:00 | 97.9 | 03:00-06:0096.1 EUR/MWh | Low 93.6 · High 191.5Lowest at 03:00Highest at 04:00Low 93.6 · High 191.5 |
| 16 | 🇳🇱Netherlands | 138.3 | 93.603:00 | 200.004:00 | 106.4 | 03:00-06:0096.9 EUR/MWh | Low 93.6 · High 200.0Lowest at 03:00Highest at 04:00Low 93.6 · High 200.0 |
| 17 | 🇱🇺Luxembourg | 141.3 | 95.003:00 | 178.704:00 | 83.7 | 03:00-06:0096.0 EUR/MWh | Low 95.0 · High 178.7Lowest at 03:00Highest at 04:00Low 95.0 · High 178.7 |
| 18 | 🇧🇬Bulgaria | 147.2 | 93.603:00 | 261.505:00 | 167.8 | 03:00-06:0097.3 EUR/MWh | Low 93.6 · High 261.5Lowest at 03:00Highest at 05:00Low 93.6 · High 261.5 |
| 19 | 🇮🇹Italy 7 price areas | 148.8 | 114.502:00 | 186.004:00 | 71.5 | 02:00-05:00120.7 EUR/MWh | Low 114.5 · High 186.0Lowest at 02:00Highest at 04:00Low 114.5 · High 186.0 |
| 20 | 🇷🇴Romania | 148.8 | 93.603:00 | 261.505:00 | 167.8 | 03:00-06:0097.3 EUR/MWh | Low 93.6 · High 261.5Lowest at 03:00Highest at 05:00Low 93.6 · High 261.5 |
| 21 | 🇨🇭Switzerland | 149.8 | 108.302:00 | 179.004:00 | 70.7 | 02:00-05:00110.5 EUR/MWh | Low 108.3 · High 179.0Lowest at 02:00Highest at 04:00Low 108.3 · High 179.0 |
| 22 | 🇦🇹Austria | 154.9 | 93.602:00 | 230.904:00 | 137.3 | 02:00-05:0097.5 EUR/MWh | Low 93.6 · High 230.9Lowest at 02:00Highest at 04:00Low 93.6 · High 230.9 |
| 23 | 🇨🇿Czechia | 155.1 | 93.602:00 | 239.704:00 | 146.1 | 02:00-05:0097.1 EUR/MWh | Low 93.6 · High 239.7Lowest at 02:00Highest at 04:00Low 93.6 · High 239.7 |
| 24 | 🇸🇮Slovenia | 155.8 | 93.602:00 | 242.104:00 | 148.5 | 02:00-05:0097.4 EUR/MWh | Low 93.6 · High 242.1Lowest at 02:00Highest at 04:00Low 93.6 · High 242.1 |
| 25 | 🇭🇷Croatia | 156.4 | 93.602:00 | 247.404:00 | 153.7 | 02:00-05:0097.4 EUR/MWh | Low 93.6 · High 247.4Lowest at 02:00Highest at 04:00Low 93.6 · High 247.4 |
| 26 | 🇫🇮Finland | 160.5 | 93.003:00 | 275.805:00 | 182.8 | 03:00-06:0095.3 EUR/MWh | Low 93.0 · High 275.8Lowest at 03:00Highest at 05:00Low 93.0 · High 275.8 |
| 27 | 🇭🇺Hungary | 161.9 | 93.602:00 | 266.404:00 | 172.8 | 02:00-05:0097.3 EUR/MWh | Low 93.6 · High 266.4Lowest at 02:00Highest at 04:00Low 93.6 · High 266.4 |
| 28 | 🇸🇰Slovakia | 162.2 | 93.602:00 | 268.504:00 | 174.9 | 02:00-05:0097.3 EUR/MWh | Low 93.6 · High 268.5Lowest at 02:00Highest at 04:00Low 93.6 · High 268.5 |
| 29 | 🇩🇪Germany / Lux. | 169.3 | 107.001:00 | 302.804:00 | 195.8 | 01:00-04:00111.3 EUR/MWh | Low 107.0 · High 302.8Lowest at 01:00Highest at 04:00Low 107.0 · High 302.8 |
| 30 | 🇪🇪Estonia | 227.9 | 93.003:00 | 505.105:00 | 412.1 | 03:00-06:0095.6 EUR/MWh | Low 93.0 · High 505.1Lowest at 03:00Highest at 05:00Low 93.0 · High 505.1 |
| 31 | 🇱🇹Lithuania | 227.9 | 93.003:00 | 505.105:00 | 412.1 | 03:00-06:0095.6 EUR/MWh | Low 93.0 · High 505.1Lowest at 03:00Highest at 05:00Low 93.0 · High 505.1 |
| 32 | 🇱🇻Latvia | 227.9 | 93.003:00 | 505.105:00 | 412.1 | 03:00-06:0095.6 EUR/MWh | Low 93.0 · High 505.1Lowest at 03:00Highest at 05:00Low 93.0 · High 505.1 |
On Monday, January 26, 2026, Spain ranked lowest by average wholesale reference price, while Estonia ranked highest. The widest price spread was in Estonia: 412.1 EUR/MWh.
Daily country electricity price ranking for 2026-01-26, 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
- ENTSO-E Transparency Platform, CCEE Open Data, Elexon BMRS Open Data, SMARD Bundesnetzagentur
MethodologyMonthly archiveEuropean volatility reportHousehold prices by country