Wholesale electricity prices

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

31 countries Published wholesale prices Updated May 31, 18:25 GMT+2 Monthly archive
Lowest average 🇫🇮 Finland 3.1 EUR/MWh
Highest average 🇮🇪 Ireland 167.1 EUR/MWh
Widest spread 🇭🇺 Hungary 303.7 EUR/MWh

Country ranking

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

Daily wholesale reference electricity price country ranking for Wednesday, March 18, 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
3.1 0.002:00 6.805:00 6.8 02:00-05:00 0.7 EUR/MWh Low 0.0 · High 6.8 Lowest at 02:00 Highest at 05:00 Low 0.0 · High 6.8
2
🇫🇷 France
25.3 -0.912:00 76.104:00 77.0 12:00-15:00 -0.2 EUR/MWh Low -0.9 · High 76.1 Lowest at 12:00 Highest at 04:00 Low -0.9 · High 76.1
3
🇪🇸 Spain
29.2 -2.513:00 81.304:00 83.8 13:00-16:00 -0.7 EUR/MWh Low -2.5 · High 81.3 Lowest at 13:00 Highest at 04:00 Low -2.5 · High 81.3
4
🇵🇹 Portugal
33.1 0.014:00 81.303:00 81.3 14:00-17:00 2.9 EUR/MWh Low 0.0 · High 81.3 Lowest at 14:00 Highest at 03:00 Low 0.0 · High 81.3
5
🇸🇪 Sweden
4 price areas
33.6 1.811:00 93.004:00 91.1 11:00-14:00 2.7 EUR/MWh Low 1.8 · High 93.0 Lowest at 11:00 Highest at 04:00 Low 1.8 · High 93.0
6
🇪🇪 Estonia
37.8 0.012:00 151.005:00 151.0 12:00-15:00 2.6 EUR/MWh Low 0.0 · High 151.0 Lowest at 12:00 Highest at 05:00 Low 0.0 · High 151.0
7
🇱🇻 Latvia
59.7 2.412:00 188.505:00 186.1 12:00-15:00 2.8 EUR/MWh Low 2.4 · High 188.5 Lowest at 12:00 Highest at 05:00 Low 2.4 · High 188.5
8
🇦🇱 Albania
65.2 40.005:00 128.504:00 88.5 05:00-08:00 41.0 EUR/MWh Low 40.0 · High 128.5 Lowest at 05:00 Highest at 04:00 Low 40.0 · High 128.5
9
🇱🇹 Lithuania
68.6 2.412:00 188.505:00 186.1 12:00-15:00 2.8 EUR/MWh Low 2.4 · High 188.5 Lowest at 12:00 Highest at 05:00 Low 2.4 · High 188.5
10
🇧🇷 Brazil
4 price areas
68.7 25.812:00 129.100:00 103.3 12:00-15:00 31.2 EUR/MWh Low 25.8 · High 129.1 Lowest at 12:00 Highest at 00:00 Low 25.8 · High 129.1
11
🇳🇴 Norway
5 price areas
77.7 59.001:00 99.204:00 40.2 01:00-04:00 65.9 EUR/MWh Low 59.0 · High 99.2 Lowest at 01:00 Highest at 04:00 Low 59.0 · High 99.2
12
🇧🇪 Belgium
80.9 -1.711:00 180.004:00 181.7 11:00-14:00 -1.1 EUR/MWh Low -1.7 · High 180.0 Lowest at 11:00 Highest at 04:00 Low -1.7 · High 180.0
13
🇲🇰 North Macedonia
86.3 13.711:00 131.004:00 117.3 11:00-14:00 21.4 EUR/MWh Low 13.7 · High 131.0 Lowest at 11:00 Highest at 04:00 Low 13.7 · High 131.0
14
🇱🇺 Luxembourg
88.9 -2.711:00 177.604:00 180.3 11:00-14:00 -2.2 EUR/MWh Low -2.7 · High 177.6 Lowest at 11:00 Highest at 04:00 Low -2.7 · High 177.6
15
🇷🇸 Serbia
89.2 29.811:00 173.004:00 143.3 11:00-14:00 33.1 EUR/MWh Low 29.8 · High 173.0 Lowest at 11:00 Highest at 04:00 Low 29.8 · High 173.0
16
🇩🇰 Denmark
2 price areas
89.7 2.311:00 192.604:00 190.3 11:00-14:00 2.9 EUR/MWh Low 2.3 · High 192.6 Lowest at 11:00 Highest at 04:00 Low 2.3 · High 192.6
17
🇬🇷 Greece
89.9 3.912:00 167.105:00 163.2 12:00-15:00 9.3 EUR/MWh Low 3.9 · High 167.1 Lowest at 12:00 Highest at 05:00 Low 3.9 · High 167.1
18
🇲🇪 Montenegro
89.9 20.011:00 140.004:00 120.0 11:00-14:00 22.9 EUR/MWh Low 20.0 · High 140.0 Lowest at 11:00 Highest at 04:00 Low 20.0 · High 140.0
19
🇳🇱 Netherlands
90.9 -2.311:00 183.804:00 186.1 11:00-14:00 -1.5 EUR/MWh Low -2.3 · High 183.8 Lowest at 11:00 Highest at 04:00 Low -2.3 · High 183.8
20
🇧🇬 Bulgaria
91.7 3.912:00 167.105:00 163.2 12:00-15:00 9.3 EUR/MWh Low 3.9 · High 167.1 Lowest at 12:00 Highest at 05:00 Low 3.9 · High 167.1
21
🇩🇪 Germany / Lux.
93.0 -14.211:00 205.004:00 219.2 11:00-14:00 -5.5 EUR/MWh Low -14.2 · High 205.0 Lowest at 11:00 Highest at 04:00 Low -14.2 · High 205.0
22
🇷🇴 Romania
93.5 3.912:00 192.705:00 188.9 12:00-15:00 9.3 EUR/MWh Low 3.9 · High 192.7 Lowest at 12:00 Highest at 05:00 Low 3.9 · High 192.7
23
🇨🇿 Czechia
96.7 2.811:00 201.004:00 198.2 11:00-14:00 7.6 EUR/MWh Low 2.8 · High 201.0 Lowest at 11:00 Highest at 04:00 Low 2.8 · High 201.0
24
🇭🇷 Croatia
99.6 4.211:00 194.404:00 190.3 11:00-14:00 9.8 EUR/MWh Low 4.2 · High 194.4 Lowest at 11:00 Highest at 04:00 Low 4.2 · High 194.4
25
🇸🇰 Slovakia
100.3 4.411:00 222.704:00 218.3 11:00-14:00 11.3 EUR/MWh Low 4.4 · High 222.7 Lowest at 11:00 Highest at 04:00 Low 4.4 · High 222.7
26
🇸🇮 Slovenia
101.3 4.311:00 195.904:00 191.6 11:00-14:00 10.0 EUR/MWh Low 4.3 · High 195.9 Lowest at 11:00 Highest at 04:00 Low 4.3 · High 195.9
27
🇭🇺 Hungary
103.2 4.311:00 308.004:00 303.7 11:00-14:00 10.3 EUR/MWh Low 4.3 · High 308.0 Lowest at 11:00 Highest at 04:00 Low 4.3 · High 308.0
28
🇦🇹 Austria
106.6 -2.711:00 228.904:00 231.6 11:00-14:00 16.5 EUR/MWh Low -2.7 · High 228.9 Lowest at 11:00 Highest at 04:00 Low -2.7 · High 228.9
29
🇮🇹 Italy
7 price areas
148.1 119.801:00 199.604:00 79.8 01:00-04:00 127.8 EUR/MWh Low 119.8 · High 199.6 Lowest at 01:00 Highest at 04:00 Low 119.8 · High 199.6
30
🇨🇭 Switzerland
148.5 127.310:00 185.604:00 58.3 10:00-13:00 134.7 EUR/MWh Low 127.3 · High 185.6 Lowest at 10:00 Highest at 04:00 Low 127.3 · High 185.6
31
🇮🇪 Ireland
167.1 117.800:00 272.903:00 155.1 00:00-03:00 124.8 EUR/MWh Low 117.8 · High 272.9 Lowest at 00:00 Highest at 03:00 Low 117.8 · High 272.9

On Wednesday, March 18, 2026, Finland ranked lowest by average wholesale reference price, while Ireland ranked highest. The widest price spread was in Hungary: 303.7 EUR/MWh.

Daily country electricity price ranking for 2026-03-18, 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