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 | 0.5 | -0.404:00 | 2.403:00 | 2.8 | 04:00-07:00 0.0 EUR/MWh | Low -0.4 · High 2.4 Lowest at 04:00 Highest at 03:00 Low -0.4 · High 2.4 |
| 2 | 🇪🇸 Spain | 4.5 | -1.001:00 | 35.004:00 | 36.0 | 01:00-04:00 -0.4 EUR/MWh | Low -1.0 · High 35.0 Lowest at 01:00 Highest at 04:00 Low -1.0 · High 35.0 |
| 3 | 🇫🇷 France | 16.1 | 0.012:00 | 80.804:00 | 80.8 | 12:00-15:00 0.0 EUR/MWh | Low 0.0 · High 80.8 Lowest at 12:00 Highest at 04:00 Low 0.0 · High 80.8 |
| 4 | 🇦🇱 Albania | 69.5 | 9.009:00 | 100.004:00 | 91.0 | 09:00-12:00 47.4 EUR/MWh | Low 9.0 · High 100.0 Lowest at 09:00 Highest at 04:00 Low 9.0 · High 100.0 |
| 5 | 🇷🇸 Serbia | 72.6 | 43.511:00 | 100.004:00 | 56.6 | 11:00-14:00 47.8 EUR/MWh | Low 43.5 · High 100.0 Lowest at 11:00 Highest at 04:00 Low 43.5 · High 100.0 |
| 6 | 🇧🇷 Brazil 4 price areas | 75.3 | 68.712:00 | 81.200:00 | 12.6 | 12:00-15:00 70.1 EUR/MWh | Low 68.7 · High 81.2 Lowest at 12:00 Highest at 00:00 Low 68.7 · High 81.2 |
| 7 | 🇲🇪 Montenegro | 87.5 | 51.002:00 | 130.104:00 | 79.1 | 02:00-05:00 59.4 EUR/MWh | Low 51.0 · High 130.1 Lowest at 02:00 Highest at 04:00 Low 51.0 · High 130.1 |
| 8 | 🇧🇪 Belgium | 90.3 | 71.803:00 | 120.604:00 | 48.8 | 03:00-06:00 73.5 EUR/MWh | Low 71.8 · High 120.6 Lowest at 03:00 Highest at 04:00 Low 71.8 · High 120.6 |
| 9 | 🇲🇰 North Macedonia | 92.2 | 50.102:00 | 131.304:00 | 81.2 | 02:00-05:00 56.7 EUR/MWh | Low 50.1 · High 131.3 Lowest at 02:00 Highest at 04:00 Low 50.1 · High 131.3 |
| 10 | 🇳🇱 Netherlands | 101.4 | 82.402:00 | 125.804:00 | 43.4 | 02:00-05:00 83.8 EUR/MWh | Low 82.4 · High 125.8 Lowest at 02:00 Highest at 04:00 Low 82.4 · High 125.8 |
| 11 | 🇬🇷 Greece | 104.8 | 35.312:00 | 145.005:00 | 109.7 | 12:00-15:00 76.3 EUR/MWh | Low 35.3 · High 145.0 Lowest at 12:00 Highest at 05:00 Low 35.3 · High 145.0 |
| 12 | 🇧🇬 Bulgaria | 108.8 | 35.312:00 | 145.005:00 | 109.7 | 12:00-15:00 76.3 EUR/MWh | Low 35.3 · High 145.0 Lowest at 12:00 Highest at 05:00 Low 35.3 · High 145.0 |
| 13 | 🇷🇴 Romania | 108.8 | 35.312:00 | 145.005:00 | 109.7 | 12:00-15:00 76.3 EUR/MWh | Low 35.3 · High 145.0 Lowest at 12:00 Highest at 05:00 Low 35.3 · High 145.0 |
| 14 | 🇩🇪 Germany / Lux. | 112.5 | 85.621:00 | 139.504:00 | 53.9 | 21:00-00:00 95.4 EUR/MWh | Low 85.6 · High 139.5 Lowest at 21:00 Highest at 04:00 Low 85.6 · High 139.5 |
| 15 | 🇱🇺 Luxembourg | 112.5 | 94.702:00 | 137.104:00 | 42.4 | 02:00-05:00 95.0 EUR/MWh | Low 94.7 · High 137.1 Lowest at 02:00 Highest at 04:00 Low 94.7 · High 137.1 |
| 16 | 🇮🇹 Italy 7 price areas | 120.0 | 98.402:00 | 142.304:00 | 43.9 | 02:00-05:00 105.1 EUR/MWh | Low 98.4 · High 142.3 Lowest at 02:00 Highest at 04:00 Low 98.4 · High 142.3 |
| 17 | 🇨🇿 Czechia | 120.6 | 94.802:00 | 147.704:00 | 52.9 | 02:00-05:00 99.9 EUR/MWh | Low 94.8 · High 147.7 Lowest at 02:00 Highest at 04:00 Low 94.8 · High 147.7 |
| 18 | 🇭🇷 Croatia | 121.2 | 99.702:00 | 150.704:00 | 51.0 | 02:00-05:00 104.2 EUR/MWh | Low 99.7 · High 150.7 Lowest at 02:00 Highest at 04:00 Low 99.7 · High 150.7 |
| 19 | 🇩🇰 Denmark 2 price areas | 121.4 | 93.302:00 | 170.904:00 | 77.6 | 02:00-05:00 97.6 EUR/MWh | Low 93.3 · High 170.9 Lowest at 02:00 Highest at 04:00 Low 93.3 · High 170.9 |
| 20 | 🇮🇪 Ireland | 121.7 | 86.903:00 | 211.503:00 | 124.7 | 03:00-06:00 88.4 EUR/MWh | Low 86.9 · High 211.5 Lowest at 03:00 Highest at 03:00 Low 86.9 · High 211.5 |
| 21 | 🇳🇴 Norway 5 price areas | 123.1 | 96.802:00 | 157.704:00 | 60.9 | 02:00-05:00 99.4 EUR/MWh | Low 96.8 · High 157.7 Lowest at 02:00 Highest at 04:00 Low 96.8 · High 157.7 |
| 22 | 🇸🇰 Slovakia | 123.4 | 96.202:00 | 151.404:00 | 55.2 | 02:00-05:00 101.1 EUR/MWh | Low 96.2 · High 151.4 Lowest at 02:00 Highest at 04:00 Low 96.2 · High 151.4 |
| 23 | 🇨🇭 Switzerland | 123.5 | 104.702:00 | 138.304:00 | 33.6 | 02:00-05:00 105.1 EUR/MWh | Low 104.7 · High 138.3 Lowest at 02:00 Highest at 04:00 Low 104.7 · High 138.3 |
| 24 | 🇭🇺 Hungary | 124.8 | 97.302:00 | 154.704:00 | 57.4 | 02:00-05:00 102.1 EUR/MWh | Low 97.3 · High 154.7 Lowest at 02:00 Highest at 04:00 Low 97.3 · High 154.7 |
| 25 | 🇦🇹 Austria | 125.8 | 94.102:00 | 154.604:00 | 60.5 | 02:00-05:00 106.4 EUR/MWh | Low 94.1 · High 154.6 Lowest at 02:00 Highest at 04:00 Low 94.1 · High 154.6 |
| 26 | 🇸🇮 Slovenia | 125.8 | 100.402:00 | 152.104:00 | 51.6 | 02:00-05:00 105.1 EUR/MWh | Low 100.4 · High 152.1 Lowest at 02:00 Highest at 04:00 Low 100.4 · High 152.1 |
| 27 | 🇸🇪 Sweden 4 price areas | 127.1 | 97.902:00 | 165.504:00 | 67.6 | 02:00-05:00 99.9 EUR/MWh | Low 97.9 · High 165.5 Lowest at 02:00 Highest at 04:00 Low 97.9 · High 165.5 |
| 28 | 🇫🇮 Finland | 145.4 | 98.503:00 | 217.305:00 | 118.8 | 03:00-06:00 99.9 EUR/MWh | Low 98.5 · High 217.3 Lowest at 03:00 Highest at 05:00 Low 98.5 · High 217.3 |
| 29 | 🇪🇪 Estonia | 204.8 | 100.402:00 | 390.005:00 | 289.6 | 02:00-05:00 104.1 EUR/MWh | Low 100.4 · High 390.0 Lowest at 02:00 Highest at 05:00 Low 100.4 · High 390.0 |
| 30 | 🇱🇹 Lithuania | 206.5 | 100.402:00 | 390.005:00 | 289.6 | 02:00-05:00 104.1 EUR/MWh | Low 100.4 · High 390.0 Lowest at 02:00 Highest at 05:00 Low 100.4 · High 390.0 |
| 31 | 🇱🇻 Latvia | 206.5 | 100.402:00 | 390.005:00 | 289.6 | 02:00-05:00 104.1 EUR/MWh | Low 100.4 · High 390.0 Lowest at 02:00 Highest at 05:00 Low 100.4 · High 390.0 |
On Wednesday, February 11, 2026, Portugal ranked lowest by average wholesale reference price, while Lithuania ranked highest. The widest price spread was in Estonia: 289.6 EUR/MWh.
Daily country electricity price ranking for 2026-02-11, 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