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 | 29.3 | -4.312:00 | 102.704:00 | 107.0 | 12:00-15:00-1.0 EUR/MWh | Low -4.3 · High 102.7Lowest at 12:00Highest at 04:00Low -4.3 · High 102.7 |
| 2 | 🇵🇹Portugal | 37.7 | 6.502:00 | 102.703:00 | 96.1 | 02:00-05:008.0 EUR/MWh | Low 6.5 · High 102.7Lowest at 02:00Highest at 03:00Low 6.5 · High 102.7 |
| 3 | 🇦🇱Albania | 46.9 | 3.202:00 | 140.004:00 | 136.8 | 02:00-05:0016.7 EUR/MWh | Low 3.2 · High 140.0Lowest at 02:00Highest at 04:00Low 3.2 · High 140.0 |
| 4 | 🇫🇷France | 47.1 | 2.902:00 | 123.304:00 | 120.5 | 02:00-05:0021.9 EUR/MWh | Low 2.9 · High 123.3Lowest at 02:00Highest at 04:00Low 2.9 · High 123.3 |
| 5 | 🇷🇸Serbia | 49.5 | 15.002:00 | 104.904:00 | 89.9 | 02:00-05:0015.0 EUR/MWh | Low 15.0 · High 104.9Lowest at 02:00Highest at 04:00Low 15.0 · High 104.9 |
| 6 | 🇸🇪Sweden 4 price areas | 53.3 | 18.921:00 | 111.504:00 | 92.6 | 21:00-00:0031.2 EUR/MWh | Low 18.9 · High 111.5Lowest at 21:00Highest at 04:00Low 18.9 · High 111.5 |
| 7 | 🇲🇪Montenegro | 61.5 | 35.009:00 | 105.004:00 | 70.0 | 09:00-12:0041.0 EUR/MWh | Low 35.0 · High 105.0Lowest at 09:00Highest at 04:00Low 35.0 · High 105.0 |
| 8 | 🇲🇰North Macedonia | 65.7 | 25.502:00 | 109.004:00 | 83.5 | 02:00-05:0027.9 EUR/MWh | Low 25.5 · High 109.0Lowest at 02:00Highest at 04:00Low 25.5 · High 109.0 |
| 9 | 🇧🇷Brazil 4 price areas | 72.5 | 65.910:00 | 100.300:00 | 34.4 | 10:00-13:0066.3 EUR/MWh | Low 65.9 · High 100.3Lowest at 10:00Highest at 00:00Low 65.9 · High 100.3 |
| 10 | 🇳🇴Norway 5 price areas | 74.5 | 60.021:00 | 98.104:00 | 38.1 | 21:00-00:0067.6 EUR/MWh | Low 60.0 · High 98.1Lowest at 21:00Highest at 04:00Low 60.0 · High 98.1 |
| 11 | 🇧🇪Belgium | 78.9 | 34.521:00 | 123.004:00 | 88.5 | 21:00-00:0057.9 EUR/MWh | Low 34.5 · High 123.0Lowest at 21:00Highest at 04:00Low 34.5 · High 123.0 |
| 12 | 🇬🇷Greece | 86.1 | 0.011:00 | 132.405:00 | 132.4 | 11:00-14:0030.7 EUR/MWh | Low 0.0 · High 132.4Lowest at 11:00Highest at 05:00Low 0.0 · High 132.4 |
| 13 | 🇮🇪Ireland | 86.3 | 65.521:00 | 106.503:00 | 41.0 | 21:00-00:0073.1 EUR/MWh | Low 65.5 · High 106.5Lowest at 21:00Highest at 03:00Low 65.5 · High 106.5 |
| 14 | 🇩🇰Denmark 2 price areas | 86.9 | 33.221:00 | 144.604:00 | 111.4 | 21:00-00:0059.8 EUR/MWh | Low 33.2 · High 144.6Lowest at 21:00Highest at 04:00Low 33.2 · High 144.6 |
| 15 | 🇱🇺Luxembourg | 87.0 | 46.821:00 | 116.104:00 | 69.3 | 21:00-00:0059.8 EUR/MWh | Low 46.8 · High 116.1Lowest at 21:00Highest at 04:00Low 46.8 · High 116.1 |
| 16 | 🇬🇧Great Britain wholesale | 87.8 | 60.421:00 | 102.803:00 | 42.4 | 21:00-00:0073.9 EUR/MWh | Low 60.4 · High 102.8Lowest at 21:00Highest at 03:00Low 60.4 · High 102.8 |
| 17 | 🇳🇱Netherlands | 88.1 | 39.021:00 | 122.804:00 | 83.8 | 21:00-00:0064.5 EUR/MWh | Low 39.0 · High 122.8Lowest at 21:00Highest at 04:00Low 39.0 · High 122.8 |
| 18 | 🇩🇪Germany / Lux. | 89.5 | 42.621:00 | 138.304:00 | 95.7 | 21:00-00:0062.2 EUR/MWh | Low 42.6 · High 138.3Lowest at 21:00Highest at 04:00Low 42.6 · High 138.3 |
| 19 | 🇫🇮Finland | 96.4 | 15.621:00 | 219.705:00 | 204.1 | 21:00-00:0026.4 EUR/MWh | Low 15.6 · High 219.7Lowest at 21:00Highest at 05:00Low 15.6 · High 219.7 |
| 20 | 🇭🇷Croatia | 96.9 | 37.721:00 | 137.404:00 | 99.7 | 21:00-00:0074.8 EUR/MWh | Low 37.7 · High 137.4Lowest at 21:00Highest at 04:00Low 37.7 · High 137.4 |
| 21 | 🇸🇮Slovenia | 98.6 | 38.721:00 | 136.104:00 | 97.5 | 21:00-00:0075.7 EUR/MWh | Low 38.7 · High 136.1Lowest at 21:00Highest at 04:00Low 38.7 · High 136.1 |
| 22 | 🇨🇿Czechia | 99.0 | 38.421:00 | 143.604:00 | 105.3 | 21:00-00:0069.6 EUR/MWh | Low 38.4 · High 143.6Lowest at 21:00Highest at 04:00Low 38.4 · High 143.6 |
| 23 | 🇧🇬Bulgaria | 102.6 | 35.202:00 | 264.605:00 | 229.3 | 02:00-05:0069.3 EUR/MWh | Low 35.2 · High 264.6Lowest at 02:00Highest at 05:00Low 35.2 · High 264.6 |
| 24 | 🇷🇴Romania | 102.6 | 35.202:00 | 264.605:00 | 229.3 | 02:00-05:0069.3 EUR/MWh | Low 35.2 · High 264.6Lowest at 02:00Highest at 05:00Low 35.2 · High 264.6 |
| 25 | 🇦🇹Austria | 104.2 | 78.901:00 | 142.704:00 | 63.8 | 01:00-04:0091.1 EUR/MWh | Low 78.9 · High 142.7Lowest at 01:00Highest at 04:00Low 78.9 · High 142.7 |
| 26 | 🇮🇹Italy 7 price areas | 105.7 | 53.511:00 | 135.904:00 | 82.3 | 11:00-14:0090.3 EUR/MWh | Low 53.5 · High 135.9Lowest at 11:00Highest at 04:00Low 53.5 · High 135.9 |
| 27 | 🇭🇺Hungary | 105.8 | 38.821:00 | 169.204:00 | 130.4 | 21:00-00:0074.8 EUR/MWh | Low 38.8 · High 169.2Lowest at 21:00Highest at 04:00Low 38.8 · High 169.2 |
| 28 | 🇸🇰Slovakia | 106.6 | 38.421:00 | 196.004:00 | 157.7 | 21:00-00:0073.3 EUR/MWh | Low 38.4 · High 196.0Lowest at 21:00Highest at 04:00Low 38.4 · High 196.0 |
| 29 | 🇨🇭Switzerland | 107.7 | 94.902:00 | 118.004:00 | 23.1 | 02:00-05:0095.1 EUR/MWh | Low 94.9 · High 118.0Lowest at 02:00Highest at 04:00Low 94.9 · High 118.0 |
| 30 | 🇪🇪Estonia | 115.4 | 15.621:00 | 219.905:00 | 204.3 | 21:00-00:0047.2 EUR/MWh | Low 15.6 · High 219.9Lowest at 21:00Highest at 05:00Low 15.6 · High 219.9 |
| 31 | 🇱🇹Lithuania | 116.1 | 32.021:00 | 219.905:00 | 187.9 | 21:00-00:0052.4 EUR/MWh | Low 32.0 · High 219.9Lowest at 21:00Highest at 05:00Low 32.0 · High 219.9 |
| 32 | 🇱🇻Latvia | 116.1 | 32.021:00 | 219.905:00 | 187.9 | 21:00-00:0052.4 EUR/MWh | Low 32.0 · High 219.9Lowest at 21:00Highest at 05:00Low 32.0 · High 219.9 |
On Friday, February 20, 2026, Spain ranked lowest by average wholesale reference price, while Lithuania ranked highest. The widest price spread was in Bulgaria: 229.3 EUR/MWh.
Daily country electricity price ranking for 2026-02-20, 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, SMARD Bundesnetzagentur, Elexon BMRS Open Data
MethodologyMonthly archiveEuropean volatility reportHousehold prices by country