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 | 1.0 | -13.403:00 | 35.004:00 | 48.4 | 03:00-06:00 -7.1 EUR/MWh | Low -13.4 · High 35.0 Lowest at 03:00 Highest at 04:00 Low -13.4 · High 35.0 |
| 2 | 🇵🇹 Portugal | 5.9 | -0.509:00 | 35.003:00 | 35.5 | 09:00-12:00 -0.4 EUR/MWh | Low -0.5 · High 35.0 Lowest at 09:00 Highest at 03:00 Low -0.5 · High 35.0 |
| 3 | 🇧🇷 Brazil 4 price areas | 54.1 | 19.810:00 | 68.100:00 | 48.3 | 10:00-13:00 19.9 EUR/MWh | Low 19.8 · High 68.1 Lowest at 10:00 Highest at 00:00 Low 19.8 · High 68.1 |
| 4 | 🇦🇱 Albania | 71.8 | 21.211:00 | 165.504:00 | 144.3 | 11:00-14:00 23.6 EUR/MWh | Low 21.2 · High 165.5 Lowest at 11:00 Highest at 04:00 Low 21.2 · High 165.5 |
| 5 | 🇸🇪 Sweden 4 price areas | 74.6 | 52.721:00 | 101.404:00 | 48.7 | 21:00-00:00 64.6 EUR/MWh | Low 52.7 · High 101.4 Lowest at 21:00 Highest at 04:00 Low 52.7 · High 101.4 |
| 6 | 🇷🇸 Serbia | 93.6 | 59.503:00 | 131.504:00 | 72.0 | 03:00-06:00 63.8 EUR/MWh | Low 59.5 · High 131.5 Lowest at 03:00 Highest at 04:00 Low 59.5 · High 131.5 |
| 7 | 🇩🇰 Denmark 2 price areas | 94.5 | 73.104:00 | 121.204:00 | 48.2 | 04:00-07:00 78.7 EUR/MWh | Low 73.1 · High 121.2 Lowest at 04:00 Highest at 04:00 Low 73.1 · High 121.2 |
| 8 | 🇳🇴 Norway 5 price areas | 94.8 | 84.604:00 | 107.604:00 | 22.9 | 04:00-07:00 90.7 EUR/MWh | Low 84.6 · High 107.6 Lowest at 04:00 Highest at 04:00 Low 84.6 · High 107.6 |
| 9 | 🇲🇪 Montenegro | 97.1 | 57.002:00 | 133.004:00 | 76.0 | 02:00-05:00 60.0 EUR/MWh | Low 57.0 · High 133.0 Lowest at 02:00 Highest at 04:00 Low 57.0 · High 133.0 |
| 10 | 🇲🇰 North Macedonia | 99.8 | 65.003:00 | 133.004:00 | 68.0 | 03:00-06:00 69.7 EUR/MWh | Low 65.0 · High 133.0 Lowest at 03:00 Highest at 04:00 Low 65.0 · High 133.0 |
| 11 | 🇬🇷 Greece | 106.6 | 47.512:00 | 155.005:00 | 107.5 | 12:00-15:00 75.3 EUR/MWh | Low 47.5 · High 155.0 Lowest at 12:00 Highest at 05:00 Low 47.5 · High 155.0 |
| 12 | 🇩🇪 Germany / Lux. | 107.2 | 84.603:00 | 140.704:00 | 56.1 | 03:00-06:00 89.8 EUR/MWh | Low 84.6 · High 140.7 Lowest at 03:00 Highest at 04:00 Low 84.6 · High 140.7 |
| 13 | 🇱🇺 Luxembourg | 109.4 | 92.905:00 | 138.004:00 | 45.1 | 05:00-08:00 93.5 EUR/MWh | Low 92.9 · High 138.0 Lowest at 05:00 Highest at 04:00 Low 92.9 · High 138.0 |
| 14 | 🇬🇧 Great Britain wholesale | 110.9 | 98.800:00 | 130.903:00 | 32.0 | 00:00-03:00 101.3 EUR/MWh | Low 98.8 · High 130.9 Lowest at 00:00 Highest at 03:00 Low 98.8 · High 130.9 |
| 15 | 🇫🇷 France | 111.6 | 91.002:00 | 145.504:00 | 54.5 | 02:00-05:00 96.0 EUR/MWh | Low 91.0 · High 145.5 Lowest at 02:00 Highest at 04:00 Low 91.0 · High 145.5 |
| 16 | 🇧🇪 Belgium | 112.8 | 90.602:00 | 146.504:00 | 55.9 | 02:00-05:00 96.6 EUR/MWh | Low 90.6 · High 146.5 Lowest at 02:00 Highest at 04:00 Low 90.6 · High 146.5 |
| 17 | 🇳🇱 Netherlands | 113.1 | 90.102:00 | 152.704:00 | 62.6 | 02:00-05:00 94.7 EUR/MWh | Low 90.1 · High 152.7 Lowest at 02:00 Highest at 04:00 Low 90.1 · High 152.7 |
| 18 | 🇨🇿 Czechia | 113.3 | 92.701:00 | 144.404:00 | 51.7 | 01:00-04:00 97.0 EUR/MWh | Low 92.7 · High 144.4 Lowest at 01:00 Highest at 04:00 Low 92.7 · High 144.4 |
| 19 | 🇸🇰 Slovakia | 116.0 | 95.101:00 | 149.204:00 | 54.2 | 01:00-04:00 97.6 EUR/MWh | Low 95.1 · High 149.2 Lowest at 01:00 Highest at 04:00 Low 95.1 · High 149.2 |
| 20 | 🇧🇬 Bulgaria | 117.5 | 95.802:00 | 155.005:00 | 59.3 | 02:00-05:00 97.9 EUR/MWh | Low 95.8 · High 155.0 Lowest at 02:00 Highest at 05:00 Low 95.8 · High 155.0 |
| 21 | 🇷🇴 Romania | 117.5 | 95.802:00 | 155.005:00 | 59.3 | 02:00-05:00 97.9 EUR/MWh | Low 95.8 · High 155.0 Lowest at 02:00 Highest at 05:00 Low 95.8 · High 155.0 |
| 22 | 🇭🇺 Hungary | 117.6 | 95.901:00 | 152.104:00 | 56.2 | 01:00-04:00 97.9 EUR/MWh | Low 95.9 · High 152.1 Lowest at 01:00 Highest at 04:00 Low 95.9 · High 152.1 |
| 23 | 🇭🇷 Croatia | 117.8 | 96.201:00 | 150.004:00 | 53.8 | 01:00-04:00 98.1 EUR/MWh | Low 96.2 · High 150.0 Lowest at 01:00 Highest at 04:00 Low 96.2 · High 150.0 |
| 24 | 🇸🇮 Slovenia | 118.2 | 96.201:00 | 148.804:00 | 52.6 | 01:00-04:00 98.2 EUR/MWh | Low 96.2 · High 148.8 Lowest at 01:00 Highest at 04:00 Low 96.2 · High 148.8 |
| 25 | 🇦🇹 Austria | 124.6 | 76.101:00 | 158.704:00 | 82.7 | 01:00-04:00 103.2 EUR/MWh | Low 76.1 · High 158.7 Lowest at 01:00 Highest at 04:00 Low 76.1 · High 158.7 |
| 26 | 🇨🇭 Switzerland | 129.6 | 120.003:00 | 144.204:00 | 24.2 | 03:00-06:00 121.0 EUR/MWh | Low 120.0 · High 144.2 Lowest at 03:00 Highest at 04:00 Low 120.0 · High 144.2 |
| 27 | 🇮🇹 Italy 7 price areas | 131.2 | 116.212:00 | 150.504:00 | 34.4 | 12:00-15:00 120.4 EUR/MWh | Low 116.2 · High 150.5 Lowest at 12:00 Highest at 04:00 Low 116.2 · High 150.5 |
| 28 | 🇱🇹 Lithuania | 134.3 | 71.100:00 | 221.505:00 | 150.4 | 00:00-03:00 93.7 EUR/MWh | Low 71.1 · High 221.5 Lowest at 00:00 Highest at 05:00 Low 71.1 · High 221.5 |
| 29 | 🇱🇻 Latvia | 134.3 | 71.100:00 | 221.505:00 | 150.4 | 00:00-03:00 93.7 EUR/MWh | Low 71.1 · High 221.5 Lowest at 00:00 Highest at 05:00 Low 71.1 · High 221.5 |
| 30 | 🇮🇪 Ireland | 148.6 | 102.903:00 | 231.003:00 | 128.1 | 03:00-06:00 104.6 EUR/MWh | Low 102.9 · High 231.0 Lowest at 03:00 Highest at 03:00 Low 102.9 · High 231.0 |
| 31 | 🇫🇮 Finland | 158.6 | 90.221:00 | 221.405:00 | 131.2 | 21:00-00:00 115.9 EUR/MWh | Low 90.2 · High 221.4 Lowest at 21:00 Highest at 05:00 Low 90.2 · High 221.4 |
| 32 | 🇪🇪 Estonia | 158.8 | 90.221:00 | 221.505:00 | 131.3 | 21:00-00:00 116.0 EUR/MWh | Low 90.2 · High 221.5 Lowest at 21:00 Highest at 05:00 Low 90.2 · High 221.5 |
On Saturday, January 31, 2026, Spain ranked lowest by average wholesale reference price, while Estonia ranked highest. The widest price spread was in Lithuania: 150.4 EUR/MWh.
Daily country electricity price ranking for 2026-01-31, 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