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Wholesale electricity prices

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

32 countriesPublished wholesale pricesUpdated May 31, 18:35 GMT+2Monthly archiveVolatility report
Lowest average🇧🇷 Brazil34.5 EUR/MWh
Highest average🇮🇪 Ireland154.6 EUR/MWh
Widest spread🇩🇪 Germany / Lux.374.7 EUR/MWh

Country ranking

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

Daily wholesale reference electricity price country ranking for Monday, May 4, 2026. Values are normalized to EUR/MWh, exclude supplier tariffs and use a simple price-area average for countries with multiple areas.
RankCountryAvg EUR/MWhLow EUR/MWhHigh EUR/MWhSpread EUR/MWhCheapest 3hMobile summary
1
🇧🇷Brazil
4 price areas		34.513.2-48.5-35.311:00-14:0021.4 EUR/MWhLow 13.2 · High 48.5High 48.5Low 13.2Low 13.2 · High 48.5
2
🇫🇮Finland
53.422.8-116.9-94.103:00-06:0029.0 EUR/MWhLow 22.8 · High 116.9High 116.9Low 22.8Low 22.8 · High 116.9
3
🇸🇪Sweden
4 price areas		67.824.8-123.7-98.914:00-17:0038.4 EUR/MWhLow 24.8 · High 123.7High 123.7Low 24.8Low 24.8 · High 123.7
4
🇪🇸Spain
71.40.0-163.8-163.815:00-18:002.6 EUR/MWhLow 0.0 · High 163.8High 163.8Low 0.0Low 0.0 · High 163.8
5
🇵🇹Portugal
79.00.0-137.8-137.811:00-14:000.4 EUR/MWhLow 0.0 · High 137.8High 137.8Low 0.0Low 0.0 · High 137.8
6
🇪🇪Estonia
82.426.9-151.0-124.115:00-18:0038.5 EUR/MWhLow 26.9 · High 151.0High 151.0Low 26.9Low 26.9 · High 151.0
7
🇳🇴Norway
5 price areas		92.666.7-140.4-73.712:00-15:0076.8 EUR/MWhLow 66.7 · High 140.4High 140.4Low 66.7Low 66.7 · High 140.4
8
🇱🇹Lithuania
94.026.9-151.0-124.115:00-18:0038.3 EUR/MWhLow 26.9 · High 151.0High 151.0Low 26.9Low 26.9 · High 151.0
9
🇱🇻Latvia
94.026.9-151.0-124.115:00-18:0038.3 EUR/MWhLow 26.9 · High 151.0High 151.0Low 26.9Low 26.9 · High 151.0
10
🇧🇬Bulgaria
100.92.0-263.4-261.513:00-16:005.6 EUR/MWhLow 2.0 · High 263.4High 263.4Low 2.0Low 2.0 · High 263.4
11
🇦🇹Austria
101.9-28.5-206.9-235.412:00-15:0041.6 EUR/MWhLow -28.5 · High 206.9High 206.9Low -28.5Low -28.5 · High 206.9
12
🇦🇱Albania
102.810.0-172.4-162.414:00-17:0023.1 EUR/MWhLow 10.0 · High 172.4High 172.4Low 10.0Low 10.0 · High 172.4
13
🇷🇸Serbia
103.039.8-165.0-125.212:00-15:0039.9 EUR/MWhLow 39.8 · High 165.0High 165.0Low 39.8Low 39.8 · High 165.0
14
🇩🇪Germany / Lux.
106.1-124.6-250.1-374.712:00-15:0048.1 EUR/MWhLow -124.6 · High 250.1High 250.1Low -124.6Low -124.6 · High 250.1
15
🇷🇴Romania
109.62.0-318.2-316.213:00-16:005.6 EUR/MWhLow 2.0 · High 318.2High 318.2Low 2.0Low 2.0 · High 318.2
16
🇭🇷Croatia
110.40.4-309.4-309.012:00-15:003.9 EUR/MWhLow 0.4 · High 309.4High 309.4Low 0.4Low 0.4 · High 309.4
17
🇵🇱Poland
110.617.9-244.1-226.212:00-15:0022.2 EUR/MWhLow 17.9 · High 244.1High 244.1Low 17.9Low 17.9 · High 244.1
18
🇫🇷France
111.461.0-163.8-102.916:00-19:0084.0 EUR/MWhLow 61.0 · High 163.8High 163.8Low 61.0Low 61.0 · High 163.8
19
🇸🇮Slovenia
111.9-4.4-306.8-311.212:00-15:00-0.2 EUR/MWhLow -4.4 · High 306.8High 306.8Low -4.4Low -4.4 · High 306.8
20
🇸🇰Slovakia
113.010.2-327.2-317.012:00-15:0013.6 EUR/MWhLow 10.2 · High 327.2High 327.2Low 10.2Low 10.2 · High 327.2
21
🇲🇪Montenegro
114.260.0-160.0-100.013:00-16:0068.4 EUR/MWhLow 60.0 · High 160.0High 160.0Low 60.0Low 60.0 · High 160.0
22
🇭🇺Hungary
115.10.0-320.3-320.310:00-13:003.0 EUR/MWhLow 0.0 · High 320.3High 320.3Low 0.0Low 0.0 · High 320.3
23
🇨🇿Czechia
115.819.2-333.5-314.312:00-15:0022.4 EUR/MWhLow 19.2 · High 333.5High 333.5Low 19.2Low 19.2 · High 333.5
24
🇨🇭Switzerland
122.695.4-195.0-99.611:00-14:0095.8 EUR/MWhLow 95.4 · High 195.0High 195.0Low 95.4Low 95.4 · High 195.0
25
🇧🇪Belgium
123.781.5-209.2-127.712:00-15:0096.7 EUR/MWhLow 81.5 · High 209.2High 209.2Low 81.5Low 81.5 · High 209.2
26
🇬🇧Great Britain wholesale
124.2101.5-169.0-67.501:00-04:00102.6 EUR/MWhLow 101.5 · High 169.0High 169.0Low 101.5Low 101.5 · High 169.0
27
🇩🇰Denmark
2 price areas		124.862.4-331.4-268.912:00-15:0074.7 EUR/MWhLow 62.4 · High 331.4High 331.4Low 62.4Low 62.4 · High 331.4
28
🇬🇷Greece
126.6-0.1-263.4-263.514:00-17:000.0 EUR/MWhLow -0.1 · High 263.4High 263.4Low -0.1Low -0.1 · High 263.4
29
🇳🇱Netherlands
127.674.4-310.0-235.612:00-15:0088.4 EUR/MWhLow 74.4 · High 310.0High 310.0Low 74.4Low 74.4 · High 310.0
30
🇱🇺Luxembourg
131.169.4-266.8-197.412:00-15:0075.2 EUR/MWhLow 69.4 · High 266.8High 266.8Low 69.4Low 69.4 · High 266.8
31
🇮🇹Italy
7 price areas		134.365.5-198.9-133.412:00-15:0091.2 EUR/MWhLow 65.5 · High 198.9High 198.9Low 65.5Low 65.5 · High 198.9
32
🇮🇪Ireland
154.6126.3-208.5-82.200:00-03:00130.1 EUR/MWhLow 126.3 · High 208.5High 208.5Low 126.3Low 126.3 · High 208.5

On Monday, May 4, 2026, Brazil ranked lowest by average wholesale reference price, while Ireland ranked highest. The widest price spread was in Germany / Luxembourg: 374.7 EUR/MWh.

Daily country electricity price ranking for 2026-05-04, 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
CCEE Open Data, ENTSO-E Transparency Platform, PSE Reports API, Elexon BMRS Open Data, SMARD Bundesnetzagentur

MethodologyMonthly archiveEuropean volatility reportHousehold prices by country