Wholesale electricity prices

Wholesale market prices only. They show what generators were paid, not what households pay. Compare household prices by country.

32 countries Published wholesale prices Updated May 31, 18:25 GMT+2 Monthly archive
Lowest average 🇫🇮 Finland 11.7 EUR/MWh
Highest average 🇮🇹 Italy 142.8 EUR/MWh
Widest spread 🇭🇺 Hungary 360.7 EUR/MWh

Country ranking

Average wholesale price; multi-area countries use a simple area average.

Daily wholesale reference electricity price country ranking for Thursday, March 12, 2026. Values are normalized to EUR/MWh, exclude supplier tariffs and use a simple price-area average for countries with multiple areas.
Rank Country Avg EUR/MWh Low EUR/MWh High EUR/MWh Spread EUR/MWh Cheapest 3h Mobile summary
1
🇫🇮 Finland
11.7 2.721:00 31.505:00 28.8 21:00-00:00 4.8 EUR/MWh Low 2.7 · High 31.5 Lowest at 21:00 Highest at 05:00 Low 2.7 · High 31.5
2
🇸🇪 Sweden
4 price areas
18.0 0.821:00 47.704:00 46.9 21:00-00:00 4.0 EUR/MWh Low 0.8 · High 47.7 Lowest at 21:00 Highest at 04:00 Low 0.8 · High 47.7
3
🇪🇪 Estonia
27.1 5.603:00 101.705:00 96.1 03:00-06:00 7.2 EUR/MWh Low 5.6 · High 101.7 Lowest at 03:00 Highest at 05:00 Low 5.6 · High 101.7
4
🇱🇹 Lithuania
39.8 6.013:00 196.805:00 190.8 13:00-16:00 10.3 EUR/MWh Low 6.0 · High 196.8 Lowest at 13:00 Highest at 05:00 Low 6.0 · High 196.8
5
🇱🇻 Latvia
39.8 6.013:00 196.805:00 190.8 13:00-16:00 10.3 EUR/MWh Low 6.0 · High 196.8 Lowest at 13:00 Highest at 05:00 Low 6.0 · High 196.8
6
🇧🇷 Brazil
4 price areas
47.2 24.202:00 93.800:00 69.6 02:00-05:00 25.3 EUR/MWh Low 24.2 · High 93.8 Lowest at 02:00 Highest at 00:00 Low 24.2 · High 93.8
7
🇩🇰 Denmark
2 price areas
51.9 -0.112:00 131.004:00 131.2 12:00-15:00 0.0 EUR/MWh Low -0.1 · High 131.0 Lowest at 12:00 Highest at 04:00 Low -0.1 · High 131.0
8
🇫🇷 France
58.8 0.014:00 124.504:00 124.5 14:00-17:00 0.0 EUR/MWh Low 0.0 · High 124.5 Lowest at 14:00 Highest at 04:00 Low 0.0 · High 124.5
9
🇧🇪 Belgium
66.6 0.011:00 137.004:00 137.0 11:00-14:00 0.7 EUR/MWh Low 0.0 · High 137.0 Lowest at 11:00 Highest at 04:00 Low 0.0 · High 137.0
10
🇩🇪 Germany / Lux.
69.0 -3.012:00 164.304:00 167.3 12:00-15:00 -1.5 EUR/MWh Low -3.0 · High 164.3 Lowest at 12:00 Highest at 04:00 Low -3.0 · High 164.3
11
🇱🇺 Luxembourg
69.0 -2.512:00 137.104:00 139.6 12:00-15:00 -1.5 EUR/MWh Low -2.5 · High 137.1 Lowest at 12:00 Highest at 04:00 Low -2.5 · High 137.1
12
🇳🇱 Netherlands
69.2 -0.411:00 149.204:00 149.6 11:00-14:00 0.2 EUR/MWh Low -0.4 · High 149.2 Lowest at 11:00 Highest at 04:00 Low -0.4 · High 149.2
13
🇪🇸 Spain
69.8 -7.811:00 180.004:00 187.8 11:00-14:00 -0.8 EUR/MWh Low -7.8 · High 180.0 Lowest at 11:00 Highest at 04:00 Low -7.8 · High 180.0
14
🇳🇴 Norway
5 price areas
70.8 47.121:00 87.704:00 40.6 21:00-00:00 63.3 EUR/MWh Low 47.1 · High 87.7 Lowest at 21:00 Highest at 04:00 Low 47.1 · High 87.7
15
🇮🇪 Ireland
73.1 15.121:00 126.003:00 110.9 21:00-00:00 34.4 EUR/MWh Low 15.1 · High 126.0 Lowest at 21:00 Highest at 03:00 Low 15.1 · High 126.0
16
🇵🇹 Portugal
81.6 0.011:00 180.003:00 180.0 11:00-14:00 0.4 EUR/MWh Low 0.0 · High 180.0 Lowest at 11:00 Highest at 03:00 Low 0.0 · High 180.0
17
🇲🇪 Montenegro
88.1 5.111:00 186.204:00 181.1 11:00-14:00 5.1 EUR/MWh Low 5.1 · High 186.2 Lowest at 11:00 Highest at 04:00 Low 5.1 · High 186.2
18
🇬🇧 Great Britain wholesale
99.0 -1.221:00 161.503:00 162.7 21:00-00:00 42.1 EUR/MWh Low -1.2 · High 161.5 Lowest at 21:00 Highest at 03:00 Low -1.2 · High 161.5
19
🇦🇹 Austria
99.8 12.811:00 165.204:00 152.4 11:00-14:00 22.6 EUR/MWh Low 12.8 · High 165.2 Lowest at 11:00 Highest at 04:00 Low 12.8 · High 165.2
20
🇨🇿 Czechia
101.9 6.810:00 173.204:00 166.4 10:00-13:00 24.5 EUR/MWh Low 6.8 · High 173.2 Lowest at 10:00 Highest at 04:00 Low 6.8 · High 173.2
21
🇲🇰 North Macedonia
104.5 0.113:00 217.004:00 216.9 13:00-16:00 17.5 EUR/MWh Low 0.1 · High 217.0 Lowest at 13:00 Highest at 04:00 Low 0.1 · High 217.0
22
🇸🇮 Slovenia
109.8 7.711:00 231.704:00 224.0 11:00-14:00 17.0 EUR/MWh Low 7.7 · High 231.7 Lowest at 11:00 Highest at 04:00 Low 7.7 · High 231.7
23
🇭🇷 Croatia
113.5 7.911:00 243.204:00 235.3 11:00-14:00 16.3 EUR/MWh Low 7.9 · High 243.2 Lowest at 11:00 Highest at 04:00 Low 7.9 · High 243.2
24
🇷🇸 Serbia
116.2 44.811:00 210.004:00 165.2 11:00-14:00 44.9 EUR/MWh Low 44.8 · High 210.0 Lowest at 11:00 Highest at 04:00 Low 44.8 · High 210.0
25
🇦🇱 Albania
120.8 3.007:00 237.104:00 234.1 07:00-10:00 24.0 EUR/MWh Low 3.0 · High 237.1 Lowest at 07:00 Highest at 04:00 Low 3.0 · High 237.1
26
🇸🇰 Slovakia
123.6 9.211:00 317.404:00 308.2 11:00-14:00 21.7 EUR/MWh Low 9.2 · High 317.4 Lowest at 11:00 Highest at 04:00 Low 9.2 · High 317.4
27
🇧🇬 Bulgaria
124.4 3.512:00 278.805:00 275.3 12:00-15:00 7.8 EUR/MWh Low 3.5 · High 278.8 Lowest at 12:00 Highest at 05:00 Low 3.5 · High 278.8
28
🇬🇷 Greece
124.9 0.014:00 247.505:00 247.5 14:00-17:00 38.4 EUR/MWh Low 0.0 · High 247.5 Lowest at 14:00 Highest at 05:00 Low 0.0 · High 247.5
29
🇷🇴 Romania
126.9 3.512:00 289.905:00 286.4 12:00-15:00 7.8 EUR/MWh Low 3.5 · High 289.9 Lowest at 12:00 Highest at 05:00 Low 3.5 · High 289.9
30
🇭🇺 Hungary
134.7 8.811:00 369.504:00 360.7 11:00-14:00 21.4 EUR/MWh Low 8.8 · High 369.5 Lowest at 11:00 Highest at 04:00 Low 8.8 · High 369.5
31
🇨🇭 Switzerland
140.4 130.012:00 150.704:00 20.7 12:00-15:00 134.1 EUR/MWh Low 130.0 · High 150.7 Lowest at 12:00 Highest at 04:00 Low 130.0 · High 150.7
32
🇮🇹 Italy
7 price areas
142.8 106.402:00 181.804:00 75.4 02:00-05:00 128.0 EUR/MWh Low 106.4 · High 181.8 Lowest at 02:00 Highest at 04:00 Low 106.4 · High 181.8

On Thursday, March 12, 2026, Finland ranked lowest by average wholesale reference price, while Italy ranked highest. The widest price spread was in Hungary: 360.7 EUR/MWh.

Daily country electricity price ranking for 2026-03-12, 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