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 | 14.7 | -10.013:00 | 88.004:00 | 98.0 | 13:00-16:00 -3.1 EUR/MWh | Low -10.0 · High 88.0 Lowest at 13:00 Highest at 04:00 Low -10.0 · High 88.0 |
| 2 | 🇵🇹 Portugal | 21.6 | 0.001:00 | 88.003:00 | 88.0 | 01:00-04:00 0.0 EUR/MWh | Low 0.0 · High 88.0 Lowest at 01:00 Highest at 03:00 Low 0.0 · High 88.0 |
| 3 | 🇫🇷 France | 40.3 | 0.002:00 | 130.104:00 | 130.1 | 02:00-05:00 0.6 EUR/MWh | Low 0.0 · High 130.1 Lowest at 02:00 Highest at 04:00 Low 0.0 · High 130.1 |
| 4 | 🇲🇪 Montenegro | 53.9 | 10.710:00 | 97.004:00 | 86.3 | 10:00-13:00 14.1 EUR/MWh | Low 10.7 · High 97.0 Lowest at 10:00 Highest at 04:00 Low 10.7 · High 97.0 |
| 5 | 🇷🇸 Serbia | 54.5 | 2.510:00 | 110.304:00 | 107.9 | 10:00-13:00 4.2 EUR/MWh | Low 2.5 · High 110.3 Lowest at 10:00 Highest at 04:00 Low 2.5 · High 110.3 |
| 6 | 🇲🇰 North Macedonia | 65.6 | 0.108:00 | 113.004:00 | 112.9 | 08:00-11:00 23.4 EUR/MWh | Low 0.1 · High 113.0 Lowest at 08:00 Highest at 04:00 Low 0.1 · High 113.0 |
| 7 | 🇧🇷 Brazil 4 price areas | 78.0 | 56.511:00 | 156.700:00 | 100.2 | 11:00-14:00 63.3 EUR/MWh | Low 56.5 · High 156.7 Lowest at 11:00 Highest at 00:00 Low 56.5 · High 156.7 |
| 8 | 🇧🇬 Bulgaria | 80.0 | 8.411:00 | 161.705:00 | 153.2 | 11:00-14:00 12.6 EUR/MWh | Low 8.4 · High 161.7 Lowest at 11:00 Highest at 05:00 Low 8.4 · High 161.7 |
| 9 | 🇷🇴 Romania | 80.0 | 8.411:00 | 161.705:00 | 153.2 | 11:00-14:00 12.6 EUR/MWh | Low 8.4 · High 161.7 Lowest at 11:00 Highest at 05:00 Low 8.4 · High 161.7 |
| 10 | 🇧🇪 Belgium | 81.7 | 56.102:00 | 131.604:00 | 75.6 | 02:00-05:00 60.5 EUR/MWh | Low 56.1 · High 131.6 Lowest at 02:00 Highest at 04:00 Low 56.1 · High 131.6 |
| 11 | 🇳🇱 Netherlands | 84.4 | 64.802:00 | 119.504:00 | 54.7 | 02:00-05:00 69.7 EUR/MWh | Low 64.8 · High 119.5 Lowest at 02:00 Highest at 04:00 Low 64.8 · High 119.5 |
| 12 | 🇩🇪 Germany / Lux. | 89.9 | 71.802:00 | 112.004:00 | 40.2 | 02:00-05:00 75.1 EUR/MWh | Low 71.8 · High 112.0 Lowest at 02:00 Highest at 04:00 Low 71.8 · High 112.0 |
| 13 | 🇬🇷 Greece | 91.9 | 0.009:00 | 161.705:00 | 161.7 | 09:00-12:00 9.5 EUR/MWh | Low 0.0 · High 161.7 Lowest at 09:00 Highest at 05:00 Low 0.0 · High 161.7 |
| 14 | 🇱🇺 Luxembourg | 92.9 | 77.702:00 | 113.504:00 | 35.9 | 02:00-05:00 80.3 EUR/MWh | Low 77.7 · High 113.5 Lowest at 02:00 Highest at 04:00 Low 77.7 · High 113.5 |
| 15 | 🇮🇪 Ireland | 102.8 | 87.712:00 | 135.003:00 | 47.3 | 12:00-15:00 88.8 EUR/MWh | Low 87.7 · High 135.0 Lowest at 12:00 Highest at 03:00 Low 87.7 · High 135.0 |
| 16 | 🇮🇹 Italy 7 price areas | 105.1 | 47.412:00 | 140.804:00 | 93.4 | 12:00-15:00 75.0 EUR/MWh | Low 47.4 · High 140.8 Lowest at 12:00 Highest at 04:00 Low 47.4 · High 140.8 |
| 17 | 🇬🇧 Great Britain wholesale | 106.3 | 83.402:00 | 155.103:00 | 71.7 | 02:00-05:00 85.5 EUR/MWh | Low 83.4 · High 155.1 Lowest at 02:00 Highest at 03:00 Low 83.4 · High 155.1 |
| 18 | 🇭🇷 Croatia | 108.6 | 85.402:00 | 153.504:00 | 68.0 | 02:00-05:00 92.6 EUR/MWh | Low 85.4 · High 153.5 Lowest at 02:00 Highest at 04:00 Low 85.4 · High 153.5 |
| 19 | 🇨🇭 Switzerland | 108.7 | 94.701:00 | 120.004:00 | 25.4 | 01:00-04:00 95.4 EUR/MWh | Low 94.7 · High 120.0 Lowest at 01:00 Highest at 04:00 Low 94.7 · High 120.0 |
| 20 | 🇦🇹 Austria | 111.3 | 78.502:00 | 148.104:00 | 69.5 | 02:00-05:00 95.9 EUR/MWh | Low 78.5 · High 148.1 Lowest at 02:00 Highest at 04:00 Low 78.5 · High 148.1 |
| 21 | 🇸🇮 Slovenia | 112.7 | 87.202:00 | 157.204:00 | 70.1 | 02:00-05:00 92.7 EUR/MWh | Low 87.2 · High 157.2 Lowest at 02:00 Highest at 04:00 Low 87.2 · High 157.2 |
| 22 | 🇨🇿 Czechia | 115.5 | 85.002:00 | 160.604:00 | 75.7 | 02:00-05:00 88.5 EUR/MWh | Low 85.0 · High 160.6 Lowest at 02:00 Highest at 04:00 Low 85.0 · High 160.6 |
| 23 | 🇳🇴 Norway 5 price areas | 119.6 | 84.421:00 | 296.404:00 | 212.0 | 21:00-00:00 93.3 EUR/MWh | Low 84.4 · High 296.4 Lowest at 21:00 Highest at 04:00 Low 84.4 · High 296.4 |
| 24 | 🇭🇺 Hungary | 121.0 | 86.802:00 | 184.704:00 | 97.9 | 02:00-05:00 91.8 EUR/MWh | Low 86.8 · High 184.7 Lowest at 02:00 Highest at 04:00 Low 86.8 · High 184.7 |
| 25 | 🇸🇰 Slovakia | 122.0 | 86.001:00 | 190.104:00 | 104.0 | 01:00-04:00 91.7 EUR/MWh | Low 86.0 · High 190.1 Lowest at 01:00 Highest at 04:00 Low 86.0 · High 190.1 |
| 26 | 🇩🇰 Denmark 2 price areas | 132.4 | 83.902:00 | 309.104:00 | 225.2 | 02:00-05:00 91.3 EUR/MWh | Low 83.9 · High 309.1 Lowest at 02:00 Highest at 04:00 Low 83.9 · High 309.1 |
| 27 | 🇸🇪 Sweden 4 price areas | 162.4 | 89.101:00 | 467.304:00 | 378.3 | 01:00-04:00 100.8 EUR/MWh | Low 89.1 · High 467.3 Lowest at 01:00 Highest at 04:00 Low 89.1 · High 467.3 |
| 28 | 🇫🇮 Finland | 181.7 | 100.002:00 | 477.505:00 | 377.5 | 02:00-05:00 100.7 EUR/MWh | Low 100.0 · High 477.5 Lowest at 02:00 Highest at 05:00 Low 100.0 · High 477.5 |
| 29 | 🇪🇪 Estonia | 183.1 | 100.102:00 | 478.105:00 | 378.0 | 02:00-05:00 100.8 EUR/MWh | Low 100.1 · High 478.1 Lowest at 02:00 Highest at 05:00 Low 100.1 · High 478.1 |
| 30 | 🇱🇻 Latvia | 183.1 | 100.102:00 | 478.105:00 | 378.0 | 02:00-05:00 100.8 EUR/MWh | Low 100.1 · High 478.1 Lowest at 02:00 Highest at 05:00 Low 100.1 · High 478.1 |
| 31 | 🇱🇹 Lithuania | 184.4 | 100.102:00 | 489.305:00 | 389.2 | 02:00-05:00 100.8 EUR/MWh | Low 100.1 · High 489.3 Lowest at 02:00 Highest at 05:00 Low 100.1 · High 489.3 |
On Thursday, February 19, 2026, Spain ranked lowest by average wholesale reference price, while Lithuania ranked highest. The widest price spread was in Lithuania: 389.2 EUR/MWh.
Daily country electricity price ranking for 2026-02-19, 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, Elexon BMRS Open Data