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 33.6 EUR/MWh
Highest average 🇮🇪 Ireland 217.5 EUR/MWh
Widest spread 🇭🇺 Hungary 296.5 EUR/MWh

Country ranking

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

Daily wholesale reference electricity price country ranking for Friday, March 20, 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
33.6 8.321:00 114.405:00 106.2 21:00-00:00 11.2 EUR/MWh Low 8.3 · High 114.4 Lowest at 21:00 Highest at 05:00 Low 8.3 · High 114.4
2
🇪🇸 Spain
38.1 1.013:00 105.004:00 104.0 13:00-16:00 2.5 EUR/MWh Low 1.0 · High 105.0 Lowest at 13:00 Highest at 04:00 Low 1.0 · High 105.0
3
🇵🇹 Portugal
41.0 1.012:00 105.003:00 104.0 12:00-15:00 2.3 EUR/MWh Low 1.0 · High 105.0 Lowest at 12:00 Highest at 03:00 Low 1.0 · High 105.0
4
🇫🇷 France
57.0 1.013:00 169.204:00 168.2 13:00-16:00 2.3 EUR/MWh Low 1.0 · High 169.2 Lowest at 13:00 Highest at 04:00 Low 1.0 · High 169.2
5
🇧🇷 Brazil
4 price areas
59.7 25.111:00 93.000:00 68.0 11:00-14:00 29.0 EUR/MWh Low 25.1 · High 93.0 Lowest at 11:00 Highest at 00:00 Low 25.1 · High 93.0
6
🇸🇪 Sweden
4 price areas
65.4 15.111:00 124.504:00 109.4 11:00-14:00 34.2 EUR/MWh Low 15.1 · High 124.5 Lowest at 11:00 Highest at 04:00 Low 15.1 · High 124.5
7
🇪🇪 Estonia
67.5 10.301:00 213.305:00 203.0 01:00-04:00 15.2 EUR/MWh Low 10.3 · High 213.3 Lowest at 01:00 Highest at 05:00 Low 10.3 · High 213.3
8
🇦🇱 Albania
71.0 0.111:00 186.004:00 186.0 11:00-14:00 2.0 EUR/MWh Low 0.1 · High 186.0 Lowest at 11:00 Highest at 04:00 Low 0.1 · High 186.0
9
🇳🇴 Norway
5 price areas
86.0 71.013:00 125.104:00 54.2 13:00-16:00 79.6 EUR/MWh Low 71.0 · High 125.1 Lowest at 13:00 Highest at 04:00 Low 71.0 · High 125.1
10
🇲🇪 Montenegro
96.0 30.011:00 135.004:00 105.0 11:00-14:00 35.7 EUR/MWh Low 30.0 · High 135.0 Lowest at 11:00 Highest at 04:00 Low 30.0 · High 135.0
11
🇷🇸 Serbia
97.1 42.711:00 164.004:00 121.3 11:00-14:00 44.2 EUR/MWh Low 42.7 · High 164.0 Lowest at 11:00 Highest at 04:00 Low 42.7 · High 164.0
12
🇱🇻 Latvia
105.7 11.813:00 240.005:00 228.2 13:00-16:00 20.3 EUR/MWh Low 11.8 · High 240.0 Lowest at 13:00 Highest at 05:00 Low 11.8 · High 240.0
13
🇬🇷 Greece
111.7 13.010:00 250.705:00 237.7 10:00-13:00 73.3 EUR/MWh Low 13.0 · High 250.7 Lowest at 10:00 Highest at 05:00 Low 13.0 · High 250.7
14
🇧🇬 Bulgaria
116.9 13.010:00 250.705:00 237.7 10:00-13:00 73.3 EUR/MWh Low 13.0 · High 250.7 Lowest at 10:00 Highest at 05:00 Low 13.0 · High 250.7
15
🇷🇴 Romania
116.9 13.010:00 250.705:00 237.7 10:00-13:00 73.3 EUR/MWh Low 13.0 · High 250.7 Lowest at 10:00 Highest at 05:00 Low 13.0 · High 250.7
16
🇧🇪 Belgium
118.7 40.911:00 206.604:00 165.8 11:00-14:00 51.1 EUR/MWh Low 40.9 · High 206.6 Lowest at 11:00 Highest at 04:00 Low 40.9 · High 206.6
17
🇱🇹 Lithuania
129.4 24.512:00 240.005:00 215.5 12:00-15:00 51.7 EUR/MWh Low 24.5 · High 240.0 Lowest at 12:00 Highest at 05:00 Low 24.5 · High 240.0
18
🇳🇱 Netherlands
131.4 49.011:00 219.204:00 170.2 11:00-14:00 61.4 EUR/MWh Low 49.0 · High 219.2 Lowest at 11:00 Highest at 04:00 Low 49.0 · High 219.2
19
🇭🇷 Croatia
141.9 62.111:00 222.804:00 160.7 11:00-14:00 77.0 EUR/MWh Low 62.1 · High 222.8 Lowest at 11:00 Highest at 04:00 Low 62.1 · High 222.8
20
🇱🇺 Luxembourg
143.0 65.611:00 212.304:00 146.7 11:00-14:00 69.9 EUR/MWh Low 65.6 · High 212.3 Lowest at 11:00 Highest at 04:00 Low 65.6 · High 212.3
21
🇩🇰 Denmark
2 price areas
143.2 56.311:00 238.904:00 182.7 11:00-14:00 69.9 EUR/MWh Low 56.3 · High 238.9 Lowest at 11:00 Highest at 04:00 Low 56.3 · High 238.9
22
🇬🇧 Great Britain wholesale
145.0 122.912:00 174.603:00 51.7 12:00-15:00 124.9 EUR/MWh Low 122.9 · High 174.6 Lowest at 12:00 Highest at 03:00 Low 122.9 · High 174.6
23
🇨🇿 Czechia
148.2 59.311:00 251.704:00 192.5 11:00-14:00 73.6 EUR/MWh Low 59.3 · High 251.7 Lowest at 11:00 Highest at 04:00 Low 59.3 · High 251.7
24
🇸🇮 Slovenia
148.2 62.511:00 235.304:00 172.8 11:00-14:00 77.5 EUR/MWh Low 62.5 · High 235.3 Lowest at 11:00 Highest at 04:00 Low 62.5 · High 235.3
25
🇦🇹 Austria
148.5 67.311:00 251.404:00 184.2 11:00-14:00 81.7 EUR/MWh Low 67.3 · High 251.4 Lowest at 11:00 Highest at 04:00 Low 67.3 · High 251.4
26
🇩🇪 Germany / Lux.
149.8 50.112:00 261.104:00 211.0 12:00-15:00 65.7 EUR/MWh Low 50.1 · High 261.1 Lowest at 12:00 Highest at 04:00 Low 50.1 · High 261.1
27
🇸🇰 Slovakia
152.3 60.311:00 281.104:00 220.9 11:00-14:00 74.8 EUR/MWh Low 60.3 · High 281.1 Lowest at 11:00 Highest at 04:00 Low 60.3 · High 281.1
28
🇮🇹 Italy
7 price areas
153.0 60.612:00 225.704:00 165.1 12:00-15:00 91.6 EUR/MWh Low 60.6 · High 225.7 Lowest at 12:00 Highest at 04:00 Low 60.6 · High 225.7
29
🇭🇺 Hungary
157.7 60.911:00 357.404:00 296.5 11:00-14:00 75.5 EUR/MWh Low 60.9 · High 357.4 Lowest at 11:00 Highest at 04:00 Low 60.9 · High 357.4
30
🇨🇭 Switzerland
158.5 90.112:00 214.304:00 124.2 12:00-15:00 103.0 EUR/MWh Low 90.1 · High 214.3 Lowest at 12:00 Highest at 04:00 Low 90.1 · High 214.3
31
🇮🇪 Ireland
217.5 140.512:00 348.903:00 208.4 12:00-15:00 143.1 EUR/MWh Low 140.5 · High 348.9 Lowest at 12:00 Highest at 03:00 Low 140.5 · High 348.9

On Friday, March 20, 2026, Finland ranked lowest by average wholesale reference price, while Ireland ranked highest. The widest price spread was in Hungary: 296.5 EUR/MWh.

Daily country electricity price ranking for 2026-03-20, 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