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 | 🇵🇹Portugal | 19.9 | 1.005:00 | 35.003:00 | 34.0 | 05:00-08:007.0 EUR/MWh | Low 1.0 · High 35.0Lowest at 05:00Highest at 03:00Low 1.0 · High 35.0 |
| 2 | 🇪🇸Spain | 25.9 | 0.902:00 | 81.504:00 | 80.6 | 02:00-05:009.0 EUR/MWh | Low 0.9 · High 81.5Lowest at 02:00Highest at 04:00Low 0.9 · High 81.5 |
| 3 | 🇧🇷Brazil 4 price areas | 52.5 | 44.611:00 | 66.900:00 | 22.3 | 11:00-14:0046.7 EUR/MWh | Low 44.6 · High 66.9Lowest at 11:00Highest at 00:00Low 44.6 · High 66.9 |
| 4 | 🇦🇱Albania | 84.4 | 30.003:00 | 153.604:00 | 123.6 | 03:00-06:0037.1 EUR/MWh | Low 30.0 · High 153.6Lowest at 03:00Highest at 04:00Low 30.0 · High 153.6 |
| 5 | 🇲🇪Montenegro | 98.1 | 32.000:00 | 171.104:00 | 139.1 | 00:00-03:0042.0 EUR/MWh | Low 32.0 · High 171.1Lowest at 00:00Highest at 04:00Low 32.0 · High 171.1 |
| 6 | 🇬🇷Greece | 98.4 | 50.000:00 | 178.505:00 | 128.5 | 00:00-03:0075.0 EUR/MWh | Low 50.0 · High 178.5Lowest at 00:00Highest at 05:00Low 50.0 · High 178.5 |
| 7 | 🇲🇰North Macedonia | 102.0 | 27.001:00 | 171.004:00 | 144.0 | 01:00-04:0027.4 EUR/MWh | Low 27.0 · High 171.0Lowest at 01:00Highest at 04:00Low 27.0 · High 171.0 |
| 8 | 🇫🇷France | 117.2 | 85.103:00 | 170.304:00 | 85.2 | 03:00-06:0096.1 EUR/MWh | Low 85.1 · High 170.3Lowest at 03:00Highest at 04:00Low 85.1 · High 170.3 |
| 9 | 🇮🇪Ireland | 118.0 | 102.602:00 | 144.203:00 | 41.6 | 02:00-05:00104.0 EUR/MWh | Low 102.6 · High 144.2Lowest at 02:00Highest at 03:00Low 102.6 · High 144.2 |
| 10 | 🇷🇸Serbia | 118.2 | 29.001:00 | 206.004:00 | 177.0 | 01:00-04:0029.5 EUR/MWh | Low 29.0 · High 206.0Lowest at 01:00Highest at 04:00Low 29.0 · High 206.0 |
| 11 | 🇳🇴Norway 5 price areas | 123.0 | 90.503:00 | 166.804:00 | 76.3 | 03:00-06:0099.1 EUR/MWh | Low 90.5 · High 166.8Lowest at 03:00Highest at 04:00Low 90.5 · High 166.8 |
| 12 | 🇳🇱Netherlands | 126.1 | 87.502:00 | 167.504:00 | 80.0 | 02:00-05:0099.8 EUR/MWh | Low 87.5 · High 167.5Lowest at 02:00Highest at 04:00Low 87.5 · High 167.5 |
| 13 | 🇩🇰Denmark 2 price areas | 127.4 | 96.302:00 | 169.804:00 | 73.4 | 02:00-05:00100.9 EUR/MWh | Low 96.3 · High 169.8Lowest at 02:00Highest at 04:00Low 96.3 · High 169.8 |
| 14 | 🇧🇪Belgium | 131.0 | 93.902:00 | 173.104:00 | 79.2 | 02:00-05:00100.1 EUR/MWh | Low 93.9 · High 173.1Lowest at 02:00Highest at 04:00Low 93.9 · High 173.1 |
| 15 | 🇱🇺Luxembourg | 132.4 | 100.002:00 | 168.004:00 | 68.0 | 02:00-05:00100.9 EUR/MWh | Low 100.0 · High 168.0Lowest at 02:00Highest at 04:00Low 100.0 · High 168.0 |
| 16 | 🇬🇧Great Britain wholesale | 133.9 | 108.201:00 | 164.703:00 | 56.5 | 01:00-04:00112.6 EUR/MWh | Low 108.2 · High 164.7Lowest at 01:00Highest at 03:00Low 108.2 · High 164.7 |
| 17 | 🇸🇪Sweden 4 price areas | 136.0 | 97.602:00 | 177.004:00 | 79.4 | 02:00-05:00101.2 EUR/MWh | Low 97.6 · High 177.0Lowest at 02:00Highest at 04:00Low 97.6 · High 177.0 |
| 18 | 🇩🇪Germany / Lux. | 138.4 | 95.502:00 | 187.704:00 | 92.2 | 02:00-05:00102.4 EUR/MWh | Low 95.5 · High 187.7Lowest at 02:00Highest at 04:00Low 95.5 · High 187.7 |
| 19 | 🇨🇿Czechia | 139.9 | 97.302:00 | 180.104:00 | 82.8 | 02:00-05:00101.3 EUR/MWh | Low 97.3 · High 180.1Lowest at 02:00Highest at 04:00Low 97.3 · High 180.1 |
| 20 | 🇮🇹Italy 7 price areas | 140.9 | 118.200:00 | 177.004:00 | 58.8 | 00:00-03:00124.3 EUR/MWh | Low 118.2 · High 177.0Lowest at 00:00Highest at 04:00Low 118.2 · High 177.0 |
| 21 | 🇸🇮Slovenia | 142.4 | 97.902:00 | 180.204:00 | 82.3 | 02:00-05:00101.6 EUR/MWh | Low 97.9 · High 180.2Lowest at 02:00Highest at 04:00Low 97.9 · High 180.2 |
| 22 | 🇧🇬Bulgaria | 143.0 | 100.003:00 | 188.205:00 | 88.3 | 03:00-06:00101.5 EUR/MWh | Low 100.0 · High 188.2Lowest at 03:00Highest at 05:00Low 100.0 · High 188.2 |
| 23 | 🇭🇷Croatia | 143.5 | 97.902:00 | 182.304:00 | 84.5 | 02:00-05:00101.6 EUR/MWh | Low 97.9 · High 182.3Lowest at 02:00Highest at 04:00Low 97.9 · High 182.3 |
| 24 | 🇸🇰Slovakia | 144.3 | 97.402:00 | 188.204:00 | 90.8 | 02:00-05:00101.4 EUR/MWh | Low 97.4 · High 188.2Lowest at 02:00Highest at 04:00Low 97.4 · High 188.2 |
| 25 | 🇭🇺Hungary | 144.3 | 97.602:00 | 188.204:00 | 90.7 | 02:00-05:00101.4 EUR/MWh | Low 97.6 · High 188.2Lowest at 02:00Highest at 04:00Low 97.6 · High 188.2 |
| 26 | 🇷🇴Romania | 144.7 | 100.003:00 | 188.205:00 | 88.3 | 03:00-06:00101.5 EUR/MWh | Low 100.0 · High 188.2Lowest at 03:00Highest at 05:00Low 100.0 · High 188.2 |
| 27 | 🇨🇭Switzerland | 151.1 | 122.002:00 | 173.704:00 | 51.7 | 02:00-05:00122.5 EUR/MWh | Low 122.0 · High 173.7Lowest at 02:00Highest at 04:00Low 122.0 · High 173.7 |
| 28 | 🇦🇹Austria | 154.8 | 73.801:00 | 205.904:00 | 132.1 | 01:00-04:00109.5 EUR/MWh | Low 73.8 · High 205.9Lowest at 01:00Highest at 04:00Low 73.8 · High 205.9 |
| 29 | 🇱🇹Lithuania | 198.8 | 99.803:00 | 290.005:00 | 190.2 | 03:00-06:00101.3 EUR/MWh | Low 99.8 · High 290.0Lowest at 03:00Highest at 05:00Low 99.8 · High 290.0 |
| 30 | 🇱🇻Latvia | 198.8 | 99.803:00 | 290.005:00 | 190.2 | 03:00-06:00101.3 EUR/MWh | Low 99.8 · High 290.0Lowest at 03:00Highest at 05:00Low 99.8 · High 290.0 |
| 31 | 🇪🇪Estonia | 204.8 | 99.802:00 | 290.005:00 | 190.2 | 02:00-05:00102.3 EUR/MWh | Low 99.8 · High 290.0Lowest at 02:00Highest at 05:00Low 99.8 · High 290.0 |
| 32 | 🇫🇮Finland | 205.5 | 99.802:00 | 294.105:00 | 194.3 | 02:00-05:00102.3 EUR/MWh | Low 99.8 · High 294.1Lowest at 02:00Highest at 05:00Low 99.8 · High 294.1 |
On Thursday, January 29, 2026, Portugal ranked lowest by average wholesale reference price, while Finland ranked highest. The widest price spread was in Finland: 194.3 EUR/MWh.
Daily country electricity price ranking for 2026-01-29, 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, SMARD Bundesnetzagentur, Elexon BMRS Open Data
MethodologyMonthly archiveEuropean volatility reportHousehold prices by country