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 35.0 Lowest at 12:00 Highest at 04:00 Low -18.0 · High 35.0 |
| 2 | 🇵🇹 Portugal | 10.0 | -0.408:00 | 35.003:00 | 35.4 | 08:00-11:00 0.2 EUR/MWh | Low -0.4 · High 35.0 Lowest at 08:00 Highest at 03:00 Low -0.4 · High 35.0 |
| 3 | 🇫🇷 France | 17.9 | 0.003:00 | 59.104:00 | 59.2 | 03:00-06:00 0.0 EUR/MWh | Low 0.0 · High 59.1 Lowest at 03:00 Highest at 04:00 Low 0.0 · High 59.1 |
| 4 | 🇲🇪 Montenegro | 71.0 | 40.011:00 | 101.004:00 | 61.0 | 11:00-14:00 46.7 EUR/MWh | Low 40.0 · High 101.0 Lowest at 11:00 Highest at 04:00 Low 40.0 · High 101.0 |
| 5 | 🇧🇷 Brazil 4 price areas | 72.1 | 48.210:00 | 87.900:00 | 39.7 | 10:00-13:00 49.5 EUR/MWh | Low 48.2 · High 87.9 Lowest at 10:00 Highest at 00:00 Low 48.2 · High 87.9 |
| 6 | 🇲🇰 North Macedonia | 78.1 | 44.210:00 | 105.304:00 | 61.1 | 10:00-13:00 49.4 EUR/MWh | Low 44.2 · High 105.3 Lowest at 10:00 Highest at 04:00 Low 44.2 · High 105.3 |
| 7 | 🇦🇱 Albania | 81.3 | 39.002:00 | 144.504:00 | 105.5 | 02:00-05:00 42.0 EUR/MWh | Low 39.0 · High 144.5 Lowest at 02:00 Highest at 04:00 Low 39.0 · High 144.5 |
| 8 | 🇬🇷 Greece | 84.1 | 0.011:00 | 113.105:00 | 113.1 | 11:00-14:00 43.4 EUR/MWh | Low 0.0 · High 113.1 Lowest at 11:00 Highest at 05:00 Low 0.0 · High 113.1 |
| 9 | 🇷🇸 Serbia | 84.4 | 38.011:00 | 109.904:00 | 71.9 | 11:00-14:00 45.4 EUR/MWh | Low 38.0 · High 109.9 Lowest at 11:00 Highest at 04:00 Low 38.0 · High 109.9 |
| 10 | 🇧🇪 Belgium | 87.8 | 64.702:00 | 116.704:00 | 52.0 | 02:00-05:00 70.1 EUR/MWh | Low 64.7 · High 116.7 Lowest at 02:00 Highest at 04:00 Low 64.7 · High 116.7 |
| 11 | 🇬🇧 Great Britain wholesale | 89.7 | 75.803:00 | 107.203:00 | 31.5 | 03:00-06:00 78.6 EUR/MWh | Low 75.8 · High 107.2 Lowest at 03:00 Highest at 03:00 Low 75.8 · High 107.2 |
| 12 | 🇮🇪 Ireland | 97.6 | 83.103:00 | 117.003:00 | 33.9 | 03:00-06:00 85.0 EUR/MWh | Low 83.1 · High 117.0 Lowest at 03:00 Highest at 03:00 Low 83.1 · High 117.0 |
| 13 | 🇳🇱 Netherlands | 98.0 | 75.102:00 | 123.904:00 | 48.8 | 02:00-05:00 85.7 EUR/MWh | Low 75.1 · High 123.9 Lowest at 02:00 Highest at 04:00 Low 75.1 · High 123.9 |
| 14 | 🇩🇪 Germany / Lux. | 103.7 | 85.702:00 | 127.304:00 | 41.6 | 02:00-05:00 87.9 EUR/MWh | Low 85.7 · High 127.3 Lowest at 02:00 Highest at 04:00 Low 85.7 · High 127.3 |
| 15 | 🇱🇺 Luxembourg | 104.5 | 84.902:00 | 125.704:00 | 40.8 | 02:00-05:00 85.7 EUR/MWh | Low 84.9 · High 125.7 Lowest at 02:00 Highest at 04:00 Low 84.9 · High 125.7 |
| 16 | 🇩🇰 Denmark 2 price areas | 110.2 | 87.702:00 | 156.404:00 | 68.7 | 02:00-05:00 90.6 EUR/MWh | Low 87.7 · High 156.4 Lowest at 02:00 Highest at 04:00 Low 87.7 · High 156.4 |
| 17 | 🇮🇹 Italy 7 price areas | 112.9 | 79.902:00 | 133.604:00 | 53.7 | 02:00-05:00 98.0 EUR/MWh | Low 79.9 · High 133.6 Lowest at 02:00 Highest at 04:00 Low 79.9 · High 133.6 |
| 18 | 🇨🇿 Czechia | 114.0 | 87.102:00 | 148.204:00 | 61.0 | 02:00-05:00 92.4 EUR/MWh | Low 87.1 · High 148.2 Lowest at 02:00 Highest at 04:00 Low 87.1 · High 148.2 |
| 19 | 🇨🇭 Switzerland | 116.8 | 96.001:00 | 130.104:00 | 34.1 | 01:00-04:00 96.5 EUR/MWh | Low 96.0 · High 130.1 Lowest at 01:00 Highest at 04:00 Low 96.0 · High 130.1 |
| 20 | 🇦🇹 Austria | 116.9 | 58.302:00 | 143.504:00 | 85.3 | 02:00-05:00 94.3 EUR/MWh | Low 58.3 · High 143.5 Lowest at 02:00 Highest at 04:00 Low 58.3 · High 143.5 |
| 21 | 🇸🇰 Slovakia | 117.8 | 88.302:00 | 157.604:00 | 69.3 | 02:00-05:00 93.7 EUR/MWh | Low 88.3 · High 157.6 Lowest at 02:00 Highest at 04:00 Low 88.3 · High 157.6 |
| 22 | 🇭🇺 Hungary | 118.0 | 89.102:00 | 156.104:00 | 67.0 | 02:00-05:00 94.8 EUR/MWh | Low 89.1 · High 156.1 Lowest at 02:00 Highest at 04:00 Low 89.1 · High 156.1 |
| 23 | 🇳🇴 Norway 5 price areas | 118.3 | 91.902:00 | 169.104:00 | 77.2 | 02:00-05:00 94.8 EUR/MWh | Low 91.9 · High 169.1 Lowest at 02:00 Highest at 04:00 Low 91.9 · High 169.1 |
| 24 | 🇧🇬 Bulgaria | 118.8 | 93.103:00 | 156.805:00 | 63.7 | 03:00-06:00 95.2 EUR/MWh | Low 93.1 · High 156.8 Lowest at 03:00 Highest at 05:00 Low 93.1 · High 156.8 |
| 25 | 🇷🇴 Romania | 118.8 | 93.103:00 | 156.805:00 | 63.7 | 03:00-06:00 95.2 EUR/MWh | Low 93.1 · High 156.8 Lowest at 03:00 Highest at 05:00 Low 93.1 · High 156.8 |
| 26 | 🇭🇷 Croatia | 119.3 | 91.102:00 | 155.404:00 | 64.3 | 02:00-05:00 97.1 EUR/MWh | Low 91.1 · High 155.4 Lowest at 02:00 Highest at 04:00 Low 91.1 · High 155.4 |
| 27 | 🇸🇮 Slovenia | 119.6 | 91.701:00 | 155.104:00 | 63.4 | 01:00-04:00 97.8 EUR/MWh | Low 91.7 · High 155.1 Lowest at 01:00 Highest at 04:00 Low 91.7 · High 155.1 |
| 28 | 🇸🇪 Sweden 4 price areas | 125.4 | 93.202:00 | 186.104:00 | 92.9 | 02:00-05:00 96.4 EUR/MWh | Low 93.2 · High 186.1 Lowest at 02:00 Highest at 04:00 Low 93.2 · High 186.1 |
| 29 | 🇫🇮 Finland | 167.2 | 97.902:00 | 247.205:00 | 149.3 | 02:00-05:00 109.6 EUR/MWh | Low 97.9 · High 247.2 Lowest at 02:00 Highest at 05:00 Low 97.9 · High 247.2 |
| 30 | 🇪🇪 Estonia | 167.8 | 98.802:00 | 250.005:00 | 151.2 | 02:00-05:00 109.6 EUR/MWh | Low 98.8 · High 250.0 Lowest at 02:00 Highest at 05:00 Low 98.8 · High 250.0 |
| 31 | 🇱🇹 Lithuania | 167.8 | 98.802:00 | 250.005:00 | 151.2 | 02:00-05:00 109.6 EUR/MWh | Low 98.8 · High 250.0 Lowest at 02:00 Highest at 05:00 Low 98.8 · High 250.0 |
| 32 | 🇱🇻 Latvia | 167.8 | 98.802:00 | 250.005:00 | 151.2 | 02:00-05:00 109.6 EUR/MWh | Low 98.8 · High 250.0 Lowest at 02:00 Highest at 05:00 Low 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.
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