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 | 2.1 | -0.115:00 | 11.903:00 | 12.0 | 15:00-18:000.7 EUR/MWh | Low -0.1 · High 11.9Lowest at 15:00Highest at 03:00Low -0.1 · High 11.9 |
| 2 | 🇪🇸Spain | 8.0 | -5.012:00 | 41.204:00 | 46.2 | 12:00-15:00-0.7 EUR/MWh | Low -5.0 · High 41.2Lowest at 12:00Highest at 04:00Low -5.0 · High 41.2 |
| 3 | 🇫🇷France | 70.2 | 0.103:00 | 114.204:00 | 114.1 | 03:00-06:0022.4 EUR/MWh | Low 0.1 · High 114.2Lowest at 03:00Highest at 04:00Low 0.1 · High 114.2 |
| 4 | 🇧🇷Brazil 4 price areas | 77.7 | 58.111:00 | 109.300:00 | 51.2 | 11:00-14:0059.6 EUR/MWh | Low 58.1 · High 109.3Lowest at 11:00Highest at 00:00Low 58.1 · High 109.3 |
| 5 | 🇲🇪Montenegro | 81.8 | 35.002:00 | 113.004:00 | 78.0 | 02:00-05:0038.0 EUR/MWh | Low 35.0 · High 113.0Lowest at 02:00Highest at 04:00Low 35.0 · High 113.0 |
| 6 | 🇷🇸Serbia | 93.9 | 34.802:00 | 150.004:00 | 115.2 | 02:00-05:0036.0 EUR/MWh | Low 34.8 · High 150.0Lowest at 02:00Highest at 04:00Low 34.8 · High 150.0 |
| 7 | 🇬🇧Great Britain wholesale | 94.4 | 48.703:00 | 125.003:00 | 76.3 | 03:00-06:0052.8 EUR/MWh | Low 48.7 · High 125.0Lowest at 03:00Highest at 03:00Low 48.7 · High 125.0 |
| 8 | 🇮🇪Ireland | 94.9 | 68.403:00 | 118.803:00 | 50.4 | 03:00-06:0070.3 EUR/MWh | Low 68.4 · High 118.8Lowest at 03:00Highest at 03:00Low 68.4 · High 118.8 |
| 9 | 🇲🇰North Macedonia | 96.6 | 47.702:00 | 132.004:00 | 84.3 | 02:00-05:0048.8 EUR/MWh | Low 47.7 · High 132.0Lowest at 02:00Highest at 04:00Low 47.7 · High 132.0 |
| 10 | 🇧🇪Belgium | 101.3 | 67.402:00 | 137.604:00 | 70.2 | 02:00-05:0073.8 EUR/MWh | Low 67.4 · High 137.6Lowest at 02:00Highest at 04:00Low 67.4 · High 137.6 |
| 11 | 🇬🇷Greece | 101.5 | 52.500:00 | 158.805:00 | 106.3 | 00:00-03:0082.3 EUR/MWh | Low 52.5 · High 158.8Lowest at 00:00Highest at 05:00Low 52.5 · High 158.8 |
| 12 | 🇳🇱Netherlands | 102.6 | 76.502:00 | 144.504:00 | 68.0 | 02:00-05:0080.5 EUR/MWh | Low 76.5 · High 144.5Lowest at 02:00Highest at 04:00Low 76.5 · High 144.5 |
| 13 | 🇩🇰Denmark 2 price areas | 104.7 | 70.003:00 | 143.704:00 | 73.7 | 03:00-06:0079.9 EUR/MWh | Low 70.0 · High 143.7Lowest at 03:00Highest at 04:00Low 70.0 · High 143.7 |
| 14 | 🇳🇴Norway 5 price areas | 105.8 | 84.902:00 | 143.504:00 | 58.6 | 02:00-05:0087.9 EUR/MWh | Low 84.9 · High 143.5Lowest at 02:00Highest at 04:00Low 84.9 · High 143.5 |
| 15 | 🇩🇪Germany / Lux. | 106.9 | 80.200:00 | 159.404:00 | 79.2 | 00:00-03:0083.8 EUR/MWh | Low 80.2 · High 159.4Lowest at 00:00Highest at 04:00Low 80.2 · High 159.4 |
| 16 | 🇱🇺Luxembourg | 110.5 | 87.401:00 | 140.504:00 | 53.1 | 01:00-04:0087.9 EUR/MWh | Low 87.4 · High 140.5Lowest at 01:00Highest at 04:00Low 87.4 · High 140.5 |
| 17 | 🇸🇪Sweden 4 price areas | 112.8 | 84.202:00 | 153.904:00 | 69.7 | 02:00-05:0086.4 EUR/MWh | Low 84.2 · High 153.9Lowest at 02:00Highest at 04:00Low 84.2 · High 153.9 |
| 18 | 🇨🇿Czechia | 120.3 | 88.401:00 | 155.204:00 | 66.8 | 01:00-04:0090.9 EUR/MWh | Low 88.4 · High 155.2Lowest at 01:00Highest at 04:00Low 88.4 · High 155.2 |
| 19 | 🇧🇬Bulgaria | 122.0 | 52.500:00 | 159.105:00 | 106.6 | 00:00-03:0084.6 EUR/MWh | Low 52.5 · High 159.1Lowest at 00:00Highest at 05:00Low 52.5 · High 159.1 |
| 20 | 🇷🇴Romania | 122.0 | 52.500:00 | 159.105:00 | 106.6 | 00:00-03:0084.6 EUR/MWh | Low 52.5 · High 159.1Lowest at 00:00Highest at 05:00Low 52.5 · High 159.1 |
| 21 | 🇦🇱Albania | 123.4 | 39.002:00 | 200.004:00 | 161.0 | 02:00-05:0048.3 EUR/MWh | Low 39.0 · High 200.0Lowest at 02:00Highest at 04:00Low 39.0 · High 200.0 |
| 22 | 🇸🇰Slovakia | 124.1 | 88.901:00 | 157.604:00 | 68.7 | 01:00-04:0091.8 EUR/MWh | Low 88.9 · High 157.6Lowest at 01:00Highest at 04:00Low 88.9 · High 157.6 |
| 23 | 🇭🇺Hungary | 126.2 | 89.300:00 | 160.704:00 | 71.3 | 00:00-03:0092.5 EUR/MWh | Low 89.3 · High 160.7Lowest at 00:00Highest at 04:00Low 89.3 · High 160.7 |
| 24 | 🇭🇷Croatia | 126.3 | 83.400:00 | 159.104:00 | 75.7 | 00:00-03:0091.5 EUR/MWh | Low 83.4 · High 159.1Lowest at 00:00Highest at 04:00Low 83.4 · High 159.1 |
| 25 | 🇸🇮Slovenia | 127.3 | 89.000:00 | 159.704:00 | 70.7 | 00:00-03:0092.8 EUR/MWh | Low 89.0 · High 159.7Lowest at 00:00Highest at 04:00Low 89.0 · High 159.7 |
| 26 | 🇮🇹Italy 7 price areas | 128.3 | 106.102:00 | 155.204:00 | 49.0 | 02:00-05:00111.5 EUR/MWh | Low 106.1 · High 155.2Lowest at 02:00Highest at 04:00Low 106.1 · High 155.2 |
| 27 | 🇨🇭Switzerland | 132.8 | 113.600:00 | 149.204:00 | 35.6 | 00:00-03:00114.2 EUR/MWh | Low 113.6 · High 149.2Lowest at 00:00Highest at 04:00Low 113.6 · High 149.2 |
| 28 | 🇦🇹Austria | 132.9 | 75.001:00 | 174.804:00 | 99.8 | 01:00-04:0091.5 EUR/MWh | Low 75.0 · High 174.8Lowest at 01:00Highest at 04:00Low 75.0 · High 174.8 |
| 29 | 🇫🇮Finland | 159.6 | 78.102:00 | 224.405:00 | 146.3 | 02:00-05:0090.6 EUR/MWh | Low 78.1 · High 224.4Lowest at 02:00Highest at 05:00Low 78.1 · High 224.4 |
| 30 | 🇪🇪Estonia | 160.1 | 78.102:00 | 224.605:00 | 146.5 | 02:00-05:0090.6 EUR/MWh | Low 78.1 · High 224.6Lowest at 02:00Highest at 05:00Low 78.1 · High 224.6 |
| 31 | 🇱🇹Lithuania | 160.1 | 78.102:00 | 224.605:00 | 146.5 | 02:00-05:0090.6 EUR/MWh | Low 78.1 · High 224.6Lowest at 02:00Highest at 05:00Low 78.1 · High 224.6 |
| 32 | 🇱🇻Latvia | 160.1 | 78.102:00 | 224.605:00 | 146.5 | 02:00-05:0090.6 EUR/MWh | Low 78.1 · High 224.6Lowest at 02:00Highest at 05:00Low 78.1 · High 224.6 |
On Thursday, February 5, 2026, Portugal ranked lowest by average wholesale reference price, while Estonia ranked highest. The widest price spread was in Albania: 161.0 EUR/MWh.
Daily country electricity price ranking for 2026-02-05, 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