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 | 5.3 | -18.012:00 | 35.004:00 | 53.0 | 12:00-15:00-4.0 EUR/MWh | Low -18.0 · High 35.0Lowest at 12:00Highest at 04:00Low -18.0 · High 35.0 |
| 2 | 🇵🇹Portugal | 10.0 | -0.408:00 | 35.003:00 | 35.4 | 08:00-11:000.2 EUR/MWh | Low -0.4 · High 35.0Lowest at 08:00Highest at 03:00Low -0.4 · High 35.0 |
| 3 | 🇫🇷France | 17.9 | 0.003:00 | 59.104:00 | 59.2 | 03:00-06:000.0 EUR/MWh | Low 0.0 · High 59.1Lowest at 03:00Highest at 04:00Low 0.0 · High 59.1 |
| 4 | 🇲🇪Montenegro | 71.0 | 40.011:00 | 101.004:00 | 61.0 | 11:00-14:0046.7 EUR/MWh | Low 40.0 · High 101.0Lowest at 11:00Highest at 04:00Low 40.0 · High 101.0 |
| 5 | 🇧🇷Brazil 4 price areas | 72.1 | 48.210:00 | 87.900:00 | 39.7 | 10:00-13:0049.5 EUR/MWh | Low 48.2 · High 87.9Lowest at 10:00Highest at 00:00Low 48.2 · High 87.9 |
| 6 | 🇲🇰North Macedonia | 78.1 | 44.210:00 | 105.304:00 | 61.1 | 10:00-13:0049.4 EUR/MWh | Low 44.2 · High 105.3Lowest at 10:00Highest at 04:00Low 44.2 · High 105.3 |
| 7 | 🇦🇱Albania | 81.3 | 39.002:00 | 144.504:00 | 105.5 | 02:00-05:0042.0 EUR/MWh | Low 39.0 · High 144.5Lowest at 02:00Highest at 04:00Low 39.0 · High 144.5 |
| 8 | 🇬🇷Greece | 84.1 | 0.011:00 | 113.105:00 | 113.1 | 11:00-14:0043.4 EUR/MWh | Low 0.0 · High 113.1Lowest at 11:00Highest at 05:00Low 0.0 · High 113.1 |
| 9 | 🇷🇸Serbia | 84.4 | 38.011:00 | 109.904:00 | 71.9 | 11:00-14:0045.4 EUR/MWh | Low 38.0 · High 109.9Lowest at 11:00Highest at 04:00Low 38.0 · High 109.9 |
| 10 | 🇧🇪Belgium | 87.8 | 64.702:00 | 116.704:00 | 52.0 | 02:00-05:0070.1 EUR/MWh | Low 64.7 · High 116.7Lowest at 02:00Highest at 04:00Low 64.7 · High 116.7 |
| 11 | 🇬🇧Great Britain wholesale | 89.7 | 75.803:00 | 107.203:00 | 31.5 | 03:00-06:0078.6 EUR/MWh | Low 75.8 · High 107.2Lowest at 03:00Highest at 03:00Low 75.8 · High 107.2 |
| 12 | 🇮🇪Ireland | 97.6 | 83.103:00 | 117.003:00 | 33.9 | 03:00-06:0085.0 EUR/MWh | Low 83.1 · High 117.0Lowest at 03:00Highest at 03:00Low 83.1 · High 117.0 |
| 13 | 🇳🇱Netherlands | 98.0 | 75.102:00 | 123.904:00 | 48.8 | 02:00-05:0085.7 EUR/MWh | Low 75.1 · High 123.9Lowest at 02:00Highest at 04:00Low 75.1 · High 123.9 |
| 14 | 🇩🇪Germany / Lux. | 103.7 | 85.702:00 | 127.304:00 | 41.6 | 02:00-05:0087.9 EUR/MWh | Low 85.7 · High 127.3Lowest at 02:00Highest at 04:00Low 85.7 · High 127.3 |
| 15 | 🇱🇺Luxembourg | 104.5 | 84.902:00 | 125.704:00 | 40.8 | 02:00-05:0085.7 EUR/MWh | Low 84.9 · High 125.7Lowest at 02:00Highest at 04:00Low 84.9 · High 125.7 |
| 16 | 🇩🇰Denmark 2 price areas | 110.2 | 87.702:00 | 156.404:00 | 68.7 | 02:00-05:0090.6 EUR/MWh | Low 87.7 · High 156.4Lowest at 02:00Highest at 04:00Low 87.7 · High 156.4 |
| 17 | 🇮🇹Italy 7 price areas | 112.9 | 79.902:00 | 133.604:00 | 53.7 | 02:00-05:0098.0 EUR/MWh | Low 79.9 · High 133.6Lowest at 02:00Highest at 04:00Low 79.9 · High 133.6 |
| 18 | 🇨🇿Czechia | 114.0 | 87.102:00 | 148.204:00 | 61.0 | 02:00-05:0092.4 EUR/MWh | Low 87.1 · High 148.2Lowest at 02:00Highest at 04:00Low 87.1 · High 148.2 |
| 19 | 🇨🇭Switzerland | 116.8 | 96.001:00 | 130.104:00 | 34.1 | 01:00-04:0096.5 EUR/MWh | Low 96.0 · High 130.1Lowest at 01:00Highest at 04:00Low 96.0 · High 130.1 |
| 20 | 🇦🇹Austria | 116.9 | 58.302:00 | 143.504:00 | 85.3 | 02:00-05:0094.3 EUR/MWh | Low 58.3 · High 143.5Lowest at 02:00Highest at 04:00Low 58.3 · High 143.5 |
| 21 | 🇸🇰Slovakia | 117.8 | 88.302:00 | 157.604:00 | 69.3 | 02:00-05:0093.7 EUR/MWh | Low 88.3 · High 157.6Lowest at 02:00Highest at 04:00Low 88.3 · High 157.6 |
| 22 | 🇭🇺Hungary | 118.0 | 89.102:00 | 156.104:00 | 67.0 | 02:00-05:0094.8 EUR/MWh | Low 89.1 · High 156.1Lowest at 02:00Highest at 04:00Low 89.1 · High 156.1 |
| 23 | 🇳🇴Norway 5 price areas | 118.3 | 91.902:00 | 169.104:00 | 77.2 | 02:00-05:0094.8 EUR/MWh | Low 91.9 · High 169.1Lowest at 02:00Highest at 04:00Low 91.9 · High 169.1 |
| 24 | 🇧🇬Bulgaria | 118.8 | 93.103:00 | 156.805:00 | 63.7 | 03:00-06:0095.2 EUR/MWh | Low 93.1 · High 156.8Lowest at 03:00Highest at 05:00Low 93.1 · High 156.8 |
| 25 | 🇷🇴Romania | 118.8 | 93.103:00 | 156.805:00 | 63.7 | 03:00-06:0095.2 EUR/MWh | Low 93.1 · High 156.8Lowest at 03:00Highest at 05:00Low 93.1 · High 156.8 |
| 26 | 🇭🇷Croatia | 119.3 | 91.102:00 | 155.404:00 | 64.3 | 02:00-05:0097.1 EUR/MWh | Low 91.1 · High 155.4Lowest at 02:00Highest at 04:00Low 91.1 · High 155.4 |
| 27 | 🇸🇮Slovenia | 119.6 | 91.701:00 | 155.104:00 | 63.4 | 01:00-04:0097.8 EUR/MWh | Low 91.7 · High 155.1Lowest at 01:00Highest at 04:00Low 91.7 · High 155.1 |
| 28 | 🇸🇪Sweden 4 price areas | 125.4 | 93.202:00 | 186.104:00 | 92.9 | 02:00-05:0096.4 EUR/MWh | Low 93.2 · High 186.1Lowest at 02:00Highest at 04:00Low 93.2 · High 186.1 |
| 29 | 🇫🇮Finland | 167.2 | 97.902:00 | 247.205:00 | 149.3 | 02:00-05:00109.6 EUR/MWh | Low 97.9 · High 247.2Lowest at 02:00Highest at 05:00Low 97.9 · High 247.2 |
| 30 | 🇪🇪Estonia | 167.8 | 98.802:00 | 250.005:00 | 151.2 | 02:00-05:00109.6 EUR/MWh | Low 98.8 · High 250.0Lowest at 02:00Highest at 05:00Low 98.8 · High 250.0 |
| 31 | 🇱🇹Lithuania | 167.8 | 98.802:00 | 250.005:00 | 151.2 | 02:00-05:00109.6 EUR/MWh | Low 98.8 · High 250.0Lowest at 02:00Highest at 05:00Low 98.8 · High 250.0 |
| 32 | 🇱🇻Latvia | 167.8 | 98.802:00 | 250.005:00 | 151.2 | 02:00-05:00109.6 EUR/MWh | Low 98.8 · High 250.0Lowest at 02:00Highest at 05:00Low 98.8 · High 250.0 |
On Thursday, February 12, 2026, Spain ranked lowest by average wholesale reference price, while Estonia ranked highest. The widest price spread was in Estonia: 151.2 EUR/MWh.
Daily country electricity price ranking for 2026-02-12, 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