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 | 4.0 | -5.414:00 | 27.604:00 | 32.9 | 14:00-17:00 -1.4 EUR/MWh | Low -5.4 · High 27.6 Lowest at 14:00 Highest at 04:00 Low -5.4 · High 27.6 |
| 2 | 🇵🇹 Portugal | 5.5 | 0.001:00 | 27.603:00 | 27.6 | 01:00-04:00 0.0 EUR/MWh | Low 0.0 · High 27.6 Lowest at 01:00 Highest at 03:00 Low 0.0 · High 27.6 |
| 3 | 🇫🇷 France | 15.4 | 0.002:00 | 117.104:00 | 117.1 | 02:00-05:00 0.0 EUR/MWh | Low 0.0 · High 117.1 Lowest at 02:00 Highest at 04:00 Low 0.0 · High 117.1 |
| 4 | 🇧🇷 Brazil 4 price areas | 50.2 | 22.610:00 | 70.300:00 | 47.8 | 10:00-13:00 23.7 EUR/MWh | Low 22.6 · High 70.3 Lowest at 10:00 Highest at 00:00 Low 22.6 · High 70.3 |
| 5 | 🇸🇪 Sweden 4 price areas | 53.0 | 31.402:00 | 87.104:00 | 55.7 | 02:00-05:00 35.1 EUR/MWh | Low 31.4 · High 87.1 Lowest at 02:00 Highest at 04:00 Low 31.4 · High 87.1 |
| 6 | 🇲🇰 North Macedonia | 60.5 | 1.011:00 | 132.504:00 | 131.5 | 11:00-14:00 8.0 EUR/MWh | Low 1.0 · High 132.5 Lowest at 11:00 Highest at 04:00 Low 1.0 · High 132.5 |
| 7 | 🇫🇮 Finland | 71.9 | 24.721:00 | 150.005:00 | 125.3 | 21:00-00:00 30.1 EUR/MWh | Low 24.7 · High 150.0 Lowest at 21:00 Highest at 05:00 Low 24.7 · High 150.0 |
| 8 | 🇷🇸 Serbia | 74.8 | 17.511:00 | 137.004:00 | 119.5 | 11:00-14:00 31.9 EUR/MWh | Low 17.5 · High 137.0 Lowest at 11:00 Highest at 04:00 Low 17.5 · High 137.0 |
| 9 | 🇧🇪 Belgium | 77.9 | 48.403:00 | 129.004:00 | 80.5 | 03:00-06:00 56.5 EUR/MWh | Low 48.4 · High 129.0 Lowest at 03:00 Highest at 04:00 Low 48.4 · High 129.0 |
| 10 | 🇳🇴 Norway 5 price areas | 80.1 | 67.401:00 | 104.004:00 | 36.6 | 01:00-04:00 69.6 EUR/MWh | Low 67.4 · High 104.0 Lowest at 01:00 Highest at 04:00 Low 67.4 · High 104.0 |
| 11 | 🇬🇧 Great Britain wholesale | 88.7 | 76.702:00 | 107.503:00 | 30.9 | 02:00-05:00 78.4 EUR/MWh | Low 76.7 · High 107.5 Lowest at 02:00 Highest at 03:00 Low 76.7 · High 107.5 |
| 12 | 🇩🇰 Denmark 2 price areas | 91.0 | 60.901:00 | 131.004:00 | 70.1 | 01:00-04:00 64.7 EUR/MWh | Low 60.9 · High 131.0 Lowest at 01:00 Highest at 04:00 Low 60.9 · High 131.0 |
| 13 | 🇳🇱 Netherlands | 93.4 | 56.404:00 | 131.004:00 | 74.6 | 04:00-07:00 75.3 EUR/MWh | Low 56.4 · High 131.0 Lowest at 04:00 Highest at 04:00 Low 56.4 · High 131.0 |
| 14 | 🇬🇷 Greece | 94.5 | 0.008:00 | 164.005:00 | 164.0 | 08:00-11:00 44.5 EUR/MWh | Low 0.0 · High 164.0 Lowest at 08:00 Highest at 05:00 Low 0.0 · High 164.0 |
| 15 | 🇮🇪 Ireland | 94.8 | 73.202:00 | 130.403:00 | 57.2 | 02:00-05:00 74.5 EUR/MWh | Low 73.2 · High 130.4 Lowest at 02:00 Highest at 03:00 Low 73.2 · High 130.4 |
| 16 | 🇱🇺 Luxembourg | 94.8 | 64.401:00 | 130.404:00 | 66.0 | 01:00-04:00 64.7 EUR/MWh | Low 64.4 · High 130.4 Lowest at 01:00 Highest at 04:00 Low 64.4 · High 130.4 |
| 17 | 🇩🇪 Germany / Lux. | 95.5 | 61.702:00 | 151.404:00 | 89.7 | 02:00-05:00 65.3 EUR/MWh | Low 61.7 · High 151.4 Lowest at 02:00 Highest at 04:00 Low 61.7 · High 151.4 |
| 18 | 🇮🇹 Italy 7 price areas | 111.1 | 68.601:00 | 139.804:00 | 71.2 | 01:00-04:00 95.5 EUR/MWh | Low 68.6 · High 139.8 Lowest at 01:00 Highest at 04:00 Low 68.6 · High 139.8 |
| 19 | 🇨🇭 Switzerland | 111.4 | 89.802:00 | 126.604:00 | 36.8 | 02:00-05:00 90.7 EUR/MWh | Low 89.8 · High 126.6 Lowest at 02:00 Highest at 04:00 Low 89.8 · High 126.6 |
| 20 | 🇦🇹 Austria | 113.9 | 50.101:00 | 145.104:00 | 95.0 | 01:00-04:00 89.3 EUR/MWh | Low 50.1 · High 145.1 Lowest at 01:00 Highest at 04:00 Low 50.1 · High 145.1 |
| 21 | 🇸🇰 Slovakia | 114.0 | 79.402:00 | 161.604:00 | 82.2 | 02:00-05:00 86.9 EUR/MWh | Low 79.4 · High 161.6 Lowest at 02:00 Highest at 04:00 Low 79.4 · High 161.6 |
| 22 | 🇸🇮 Slovenia | 114.2 | 80.602:00 | 164.504:00 | 83.9 | 02:00-05:00 90.5 EUR/MWh | Low 80.6 · High 164.5 Lowest at 02:00 Highest at 04:00 Low 80.6 · High 164.5 |
| 23 | 🇭🇷 Croatia | 115.2 | 80.402:00 | 196.104:00 | 115.7 | 02:00-05:00 89.7 EUR/MWh | Low 80.4 · High 196.1 Lowest at 02:00 Highest at 04:00 Low 80.4 · High 196.1 |
| 24 | 🇨🇿 Czechia | 116.7 | 79.201:00 | 174.404:00 | 95.2 | 01:00-04:00 88.4 EUR/MWh | Low 79.2 · High 174.4 Lowest at 01:00 Highest at 04:00 Low 79.2 · High 174.4 |
| 25 | 🇭🇺 Hungary | 125.5 | 80.002:00 | 294.804:00 | 214.7 | 02:00-05:00 88.2 EUR/MWh | Low 80.0 · High 294.8 Lowest at 02:00 Highest at 04:00 Low 80.0 · High 294.8 |
| 26 | 🇧🇬 Bulgaria | 139.1 | 63.403:00 | 392.605:00 | 329.2 | 03:00-06:00 88.1 EUR/MWh | Low 63.4 · High 392.6 Lowest at 03:00 Highest at 05:00 Low 63.4 · High 392.6 |
| 27 | 🇷🇴 Romania | 139.1 | 63.403:00 | 392.605:00 | 329.2 | 03:00-06:00 88.1 EUR/MWh | Low 63.4 · High 392.6 Lowest at 03:00 Highest at 05:00 Low 63.4 · High 392.6 |
| 28 | 🇪🇪 Estonia | 191.0 | 53.102:00 | 400.005:00 | 346.9 | 02:00-05:00 90.9 EUR/MWh | Low 53.1 · High 400.0 Lowest at 02:00 Highest at 05:00 Low 53.1 · High 400.0 |
| 29 | 🇱🇹 Lithuania | 191.0 | 53.102:00 | 400.005:00 | 346.9 | 02:00-05:00 90.9 EUR/MWh | Low 53.1 · High 400.0 Lowest at 02:00 Highest at 05:00 Low 53.1 · High 400.0 |
| 30 | 🇱🇻 Latvia | 191.0 | 53.102:00 | 400.005:00 | 346.9 | 02:00-05:00 90.9 EUR/MWh | Low 53.1 · High 400.0 Lowest at 02:00 Highest at 05:00 Low 53.1 · High 400.0 |
On Monday, February 16, 2026, Spain ranked lowest by average wholesale reference price, while Estonia ranked highest. The widest price spread was in Estonia: 346.9 EUR/MWh.
Daily country electricity price ranking for 2026-02-16, 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