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 102.7 Lowest at 12:00 Highest at 04:00 Low -4.3 · High 102.7 |
| 2 | 🇵🇹 Portugal | 37.7 | 6.502:00 | 102.703:00 | 96.1 | 02:00-05:00 8.0 EUR/MWh | Low 6.5 · High 102.7 Lowest at 02:00 Highest at 03:00 Low 6.5 · High 102.7 |
| 3 | 🇦🇱 Albania | 46.9 | 3.202:00 | 140.004:00 | 136.8 | 02:00-05:00 16.7 EUR/MWh | Low 3.2 · High 140.0 Lowest at 02:00 Highest at 04:00 Low 3.2 · High 140.0 |
| 4 | 🇫🇷 France | 47.1 | 2.902:00 | 123.304:00 | 120.5 | 02:00-05:00 21.9 EUR/MWh | Low 2.9 · High 123.3 Lowest at 02:00 Highest at 04:00 Low 2.9 · High 123.3 |
| 5 | 🇷🇸 Serbia | 49.5 | 15.002:00 | 104.904:00 | 89.9 | 02:00-05:00 15.0 EUR/MWh | Low 15.0 · High 104.9 Lowest at 02:00 Highest at 04:00 Low 15.0 · High 104.9 |
| 6 | 🇸🇪 Sweden 4 price areas | 53.3 | 18.921:00 | 111.504:00 | 92.6 | 21:00-00:00 31.2 EUR/MWh | Low 18.9 · High 111.5 Lowest at 21:00 Highest at 04:00 Low 18.9 · High 111.5 |
| 7 | 🇲🇪 Montenegro | 61.5 | 35.009:00 | 105.004:00 | 70.0 | 09:00-12:00 41.0 EUR/MWh | Low 35.0 · High 105.0 Lowest at 09:00 Highest at 04:00 Low 35.0 · High 105.0 |
| 8 | 🇲🇰 North Macedonia | 65.7 | 25.502:00 | 109.004:00 | 83.5 | 02:00-05:00 27.9 EUR/MWh | Low 25.5 · High 109.0 Lowest at 02:00 Highest at 04:00 Low 25.5 · High 109.0 |
| 9 | 🇧🇷 Brazil 4 price areas | 72.5 | 65.910:00 | 100.300:00 | 34.4 | 10:00-13:00 66.3 EUR/MWh | Low 65.9 · High 100.3 Lowest at 10:00 Highest at 00:00 Low 65.9 · High 100.3 |
| 10 | 🇳🇴 Norway 5 price areas | 74.5 | 60.021:00 | 98.104:00 | 38.1 | 21:00-00:00 67.6 EUR/MWh | Low 60.0 · High 98.1 Lowest at 21:00 Highest at 04:00 Low 60.0 · High 98.1 |
| 11 | 🇧🇪 Belgium | 78.9 | 34.521:00 | 123.004:00 | 88.5 | 21:00-00:00 57.9 EUR/MWh | Low 34.5 · High 123.0 Lowest at 21:00 Highest at 04:00 Low 34.5 · High 123.0 |
| 12 | 🇬🇷 Greece | 86.1 | 0.011:00 | 132.405:00 | 132.4 | 11:00-14:00 30.7 EUR/MWh | Low 0.0 · High 132.4 Lowest at 11:00 Highest at 05:00 Low 0.0 · High 132.4 |
| 13 | 🇮🇪 Ireland | 86.3 | 65.521:00 | 106.503:00 | 41.0 | 21:00-00:00 73.1 EUR/MWh | Low 65.5 · High 106.5 Lowest at 21:00 Highest at 03:00 Low 65.5 · High 106.5 |
| 14 | 🇩🇰 Denmark 2 price areas | 86.9 | 33.221:00 | 144.604:00 | 111.4 | 21:00-00:00 59.8 EUR/MWh | Low 33.2 · High 144.6 Lowest at 21:00 Highest at 04:00 Low 33.2 · High 144.6 |
| 15 | 🇱🇺 Luxembourg | 87.0 | 46.821:00 | 116.104:00 | 69.3 | 21:00-00:00 59.8 EUR/MWh | Low 46.8 · High 116.1 Lowest at 21:00 Highest at 04:00 Low 46.8 · High 116.1 |
| 16 | 🇬🇧 Great Britain wholesale | 87.8 | 60.421:00 | 102.803:00 | 42.4 | 21:00-00:00 73.9 EUR/MWh | Low 60.4 · High 102.8 Lowest at 21:00 Highest at 03:00 Low 60.4 · High 102.8 |
| 17 | 🇳🇱 Netherlands | 88.1 | 39.021:00 | 122.804:00 | 83.8 | 21:00-00:00 64.5 EUR/MWh | Low 39.0 · High 122.8 Lowest at 21:00 Highest at 04:00 Low 39.0 · High 122.8 |
| 18 | 🇩🇪 Germany / Lux. | 89.5 | 42.621:00 | 138.304:00 | 95.7 | 21:00-00:00 62.2 EUR/MWh | Low 42.6 · High 138.3 Lowest at 21:00 Highest at 04:00 Low 42.6 · High 138.3 |
| 19 | 🇫🇮 Finland | 96.4 | 15.621:00 | 219.705:00 | 204.1 | 21:00-00:00 26.4 EUR/MWh | Low 15.6 · High 219.7 Lowest at 21:00 Highest at 05:00 Low 15.6 · High 219.7 |
| 20 | 🇭🇷 Croatia | 96.9 | 37.721:00 | 137.404:00 | 99.7 | 21:00-00:00 74.8 EUR/MWh | Low 37.7 · High 137.4 Lowest at 21:00 Highest at 04:00 Low 37.7 · High 137.4 |
| 21 | 🇸🇮 Slovenia | 98.6 | 38.721:00 | 136.104:00 | 97.5 | 21:00-00:00 75.7 EUR/MWh | Low 38.7 · High 136.1 Lowest at 21:00 Highest at 04:00 Low 38.7 · High 136.1 |
| 22 | 🇨🇿 Czechia | 99.0 | 38.421:00 | 143.604:00 | 105.3 | 21:00-00:00 69.6 EUR/MWh | Low 38.4 · High 143.6 Lowest at 21:00 Highest at 04:00 Low 38.4 · High 143.6 |
| 23 | 🇧🇬 Bulgaria | 102.6 | 35.202:00 | 264.605:00 | 229.3 | 02:00-05:00 69.3 EUR/MWh | Low 35.2 · High 264.6 Lowest at 02:00 Highest at 05:00 Low 35.2 · High 264.6 |
| 24 | 🇷🇴 Romania | 102.6 | 35.202:00 | 264.605:00 | 229.3 | 02:00-05:00 69.3 EUR/MWh | Low 35.2 · High 264.6 Lowest at 02:00 Highest at 05:00 Low 35.2 · High 264.6 |
| 25 | 🇦🇹 Austria | 104.2 | 78.901:00 | 142.704:00 | 63.8 | 01:00-04:00 91.1 EUR/MWh | Low 78.9 · High 142.7 Lowest at 01:00 Highest at 04:00 Low 78.9 · High 142.7 |
| 26 | 🇮🇹 Italy 7 price areas | 105.7 | 53.511:00 | 135.904:00 | 82.3 | 11:00-14:00 90.3 EUR/MWh | Low 53.5 · High 135.9 Lowest at 11:00 Highest at 04:00 Low 53.5 · High 135.9 |
| 27 | 🇭🇺 Hungary | 105.8 | 38.821:00 | 169.204:00 | 130.4 | 21:00-00:00 74.8 EUR/MWh | Low 38.8 · High 169.2 Lowest at 21:00 Highest at 04:00 Low 38.8 · High 169.2 |
| 28 | 🇸🇰 Slovakia | 106.6 | 38.421:00 | 196.004:00 | 157.7 | 21:00-00:00 73.3 EUR/MWh | Low 38.4 · High 196.0 Lowest at 21:00 Highest at 04:00 Low 38.4 · High 196.0 |
| 29 | 🇨🇭 Switzerland | 107.7 | 94.902:00 | 118.004:00 | 23.1 | 02:00-05:00 95.1 EUR/MWh | Low 94.9 · High 118.0 Lowest at 02:00 Highest at 04:00 Low 94.9 · High 118.0 |
| 30 | 🇪🇪 Estonia | 115.4 | 15.621:00 | 219.905:00 | 204.3 | 21:00-00:00 47.2 EUR/MWh | Low 15.6 · High 219.9 Lowest at 21:00 Highest at 05:00 Low 15.6 · High 219.9 |
| 31 | 🇱🇹 Lithuania | 116.1 | 32.021:00 | 219.905:00 | 187.9 | 21:00-00:00 52.4 EUR/MWh | Low 32.0 · High 219.9 Lowest at 21:00 Highest at 05:00 Low 32.0 · High 219.9 |
| 32 | 🇱🇻 Latvia | 116.1 | 32.021:00 | 219.905:00 | 187.9 | 21:00-00:00 52.4 EUR/MWh | Low 32.0 · High 219.9 Lowest at 21:00 Highest at 05:00 Low 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.
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