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 | 🇫🇷France | 29.6 | 0.013:00 | 116.304:00 | 116.3 | 13:00-16:000.0 EUR/MWh | Low 0.0 · High 116.3Lowest at 13:00Highest at 04:00Low 0.0 · High 116.3 |
| 2 | 🇪🇸Spain | 34.7 | -1.511:00 | 187.104:00 | 188.6 | 11:00-14:00-0.7 EUR/MWh | Low -1.5 · High 187.1Lowest at 11:00Highest at 04:00Low -1.5 · High 187.1 |
| 3 | 🇵🇹Portugal | 35.6 | 5.311:00 | 187.103:00 | 181.8 | 11:00-14:009.3 EUR/MWh | Low 5.3 · High 187.1Lowest at 11:00Highest at 03:00Low 5.3 · High 187.1 |
| 4 | 🇲🇪Montenegro | 41.4 | 5.610:00 | 103.004:00 | 97.4 | 10:00-13:005.6 EUR/MWh | Low 5.6 · High 103.0Lowest at 10:00Highest at 04:00Low 5.6 · High 103.0 |
| 5 | 🇲🇰North Macedonia | 50.0 | 0.109:00 | 103.504:00 | 103.4 | 09:00-12:007.4 EUR/MWh | Low 0.1 · High 103.5Lowest at 09:00Highest at 04:00Low 0.1 · High 103.5 |
| 6 | 🇷🇸Serbia | 50.9 | 8.910:00 | 136.004:00 | 127.1 | 10:00-13:009.7 EUR/MWh | Low 8.9 · High 136.0Lowest at 10:00Highest at 04:00Low 8.9 · High 136.0 |
| 7 | 🇬🇷Greece | 51.1 | -25.010:00 | 145.005:00 | 170.0 | 10:00-13:00-12.6 EUR/MWh | Low -25.0 · High 145.0Lowest at 10:00Highest at 05:00Low -25.0 · High 145.0 |
| 8 | 🇦🇱Albania | 52.1 | 3.007:00 | 154.004:00 | 151.0 | 07:00-10:0013.7 EUR/MWh | Low 3.0 · High 154.0Lowest at 07:00Highest at 04:00Low 3.0 · High 154.0 |
| 9 | 🇧🇪Belgium | 58.4 | 4.112:00 | 115.304:00 | 111.3 | 12:00-15:0013.6 EUR/MWh | Low 4.1 · High 115.3Lowest at 12:00Highest at 04:00Low 4.1 · High 115.3 |
| 10 | 🇳🇱Netherlands | 64.4 | 3.012:00 | 114.804:00 | 111.8 | 12:00-15:0015.1 EUR/MWh | Low 3.0 · High 114.8Lowest at 12:00Highest at 04:00Low 3.0 · High 114.8 |
| 11 | 🇱🇺Luxembourg | 68.1 | 2.912:00 | 110.904:00 | 108.0 | 12:00-15:0015.2 EUR/MWh | Low 2.9 · High 110.9Lowest at 12:00Highest at 04:00Low 2.9 · High 110.9 |
| 12 | 🇧🇷Brazil 4 price areas | 70.5 | 64.610:00 | 93.200:00 | 28.6 | 10:00-13:0065.1 EUR/MWh | Low 64.6 · High 93.2Lowest at 10:00Highest at 00:00Low 64.6 · High 93.2 |
| 13 | 🇩🇪Germany / Lux. | 73.1 | 33.501:00 | 122.104:00 | 88.6 | 01:00-04:0038.3 EUR/MWh | Low 33.5 · High 122.1Lowest at 01:00Highest at 04:00Low 33.5 · High 122.1 |
| 14 | 🇬🇧Great Britain wholesale | 73.8 | -6.203:00 | 116.503:00 | 122.7 | 03:00-06:000.9 EUR/MWh | Low -6.2 · High 116.5Lowest at 03:00Highest at 03:00Low -6.2 · High 116.5 |
| 15 | 🇧🇬Bulgaria | 79.8 | 10.211:00 | 165.305:00 | 155.1 | 11:00-14:0029.8 EUR/MWh | Low 10.2 · High 165.3Lowest at 11:00Highest at 05:00Low 10.2 · High 165.3 |
| 16 | 🇮🇪Ireland | 81.0 | 20.101:00 | 122.803:00 | 102.7 | 01:00-04:0022.7 EUR/MWh | Low 20.1 · High 122.8Lowest at 01:00Highest at 03:00Low 20.1 · High 122.8 |
| 17 | 🇨🇿Czechia | 83.1 | 36.802:00 | 122.804:00 | 86.0 | 02:00-05:0046.7 EUR/MWh | Low 36.8 · High 122.8Lowest at 02:00Highest at 04:00Low 36.8 · High 122.8 |
| 18 | 🇷🇴Romania | 83.7 | 10.211:00 | 173.705:00 | 163.5 | 11:00-14:0029.8 EUR/MWh | Low 10.2 · High 173.7Lowest at 11:00Highest at 05:00Low 10.2 · High 173.7 |
| 19 | 🇩🇰Denmark 2 price areas | 83.7 | 45.902:00 | 113.704:00 | 67.8 | 02:00-05:0049.7 EUR/MWh | Low 45.9 · High 113.7Lowest at 02:00Highest at 04:00Low 45.9 · High 113.7 |
| 20 | 🇸🇪Sweden 4 price areas | 84.5 | 45.402:00 | 113.704:00 | 68.3 | 02:00-05:0046.8 EUR/MWh | Low 45.4 · High 113.7Lowest at 02:00Highest at 04:00Low 45.4 · High 113.7 |
| 21 | 🇸🇮Slovenia | 85.4 | 37.700:00 | 137.704:00 | 100.0 | 00:00-03:0048.6 EUR/MWh | Low 37.7 · High 137.7Lowest at 00:00Highest at 04:00Low 37.7 · High 137.7 |
| 22 | 🇸🇰Slovakia | 86.4 | 39.802:00 | 132.904:00 | 93.0 | 02:00-05:0047.2 EUR/MWh | Low 39.8 · High 132.9Lowest at 02:00Highest at 04:00Low 39.8 · High 132.9 |
| 23 | 🇭🇷Croatia | 87.0 | 40.401:00 | 146.004:00 | 105.6 | 01:00-04:0048.3 EUR/MWh | Low 40.4 · High 146.0Lowest at 01:00Highest at 04:00Low 40.4 · High 146.0 |
| 24 | 🇳🇴Norway 5 price areas | 89.7 | 67.802:00 | 113.804:00 | 46.0 | 02:00-05:0070.6 EUR/MWh | Low 67.8 · High 113.8Lowest at 02:00Highest at 04:00Low 67.8 · High 113.8 |
| 25 | 🇭🇺Hungary | 95.0 | 40.102:00 | 184.404:00 | 144.4 | 02:00-05:0047.5 EUR/MWh | Low 40.1 · High 184.4Lowest at 02:00Highest at 04:00Low 40.1 · High 184.4 |
| 26 | 🇦🇹Austria | 98.6 | 47.902:00 | 142.304:00 | 94.4 | 02:00-05:0071.3 EUR/MWh | Low 47.9 · High 142.3Lowest at 02:00Highest at 04:00Low 47.9 · High 142.3 |
| 27 | 🇮🇹Italy 7 price areas | 104.6 | 58.611:00 | 138.604:00 | 80.0 | 11:00-14:0068.9 EUR/MWh | Low 58.6 · High 138.6Lowest at 11:00Highest at 04:00Low 58.6 · High 138.6 |
| 28 | 🇨🇭Switzerland | 105.5 | 93.502:00 | 119.004:00 | 25.5 | 02:00-05:0093.8 EUR/MWh | Low 93.5 · High 119.0Lowest at 02:00Highest at 04:00Low 93.5 · High 119.0 |
| 29 | 🇫🇮Finland | 123.7 | 50.902:00 | 226.005:00 | 175.2 | 02:00-05:0067.8 EUR/MWh | Low 50.9 · High 226.0Lowest at 02:00Highest at 05:00Low 50.9 · High 226.0 |
| 30 | 🇪🇪Estonia | 125.1 | 50.902:00 | 226.205:00 | 175.3 | 02:00-05:0067.8 EUR/MWh | Low 50.9 · High 226.2Lowest at 02:00Highest at 05:00Low 50.9 · High 226.2 |
| 31 | 🇱🇹Lithuania | 125.1 | 50.902:00 | 226.205:00 | 175.3 | 02:00-05:0067.8 EUR/MWh | Low 50.9 · High 226.2Lowest at 02:00Highest at 05:00Low 50.9 · High 226.2 |
| 32 | 🇱🇻Latvia | 125.1 | 50.902:00 | 226.205:00 | 175.3 | 02:00-05:0067.8 EUR/MWh | Low 50.9 · High 226.2Lowest at 02:00Highest at 05:00Low 50.9 · High 226.2 |
On Monday, February 23, 2026, France ranked lowest by average wholesale reference price, while Estonia ranked highest. The widest price spread was in Spain: 188.6 EUR/MWh.
Daily country electricity price ranking for 2026-02-23, 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, SMARD Bundesnetzagentur, CCEE Open Data, Elexon BMRS Open Data
MethodologyMonthly archiveEuropean volatility reportHousehold prices by country