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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.

33 countriesPublished wholesale pricesUpdated May 31, 18:35 GMT+2Monthly archiveVolatility report
Lowest average🇪🇸 Spain38.4 EUR/MWh
Highest average🇮🇪 Ireland152.9 EUR/MWh
Widest spread🇧🇬 Bulgaria188.2 EUR/MWh

Country ranking

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

Daily wholesale reference electricity price country ranking for Friday, May 15, 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
🇪🇸Spain
38.4-10.0-94.8-104.815:00-18:00-2.6 EUR/MWhLow -10.0 · High 94.8High 94.8Low -10.0Low -10.0 · High 94.8
2
🇧🇷Brazil
4 price areas		40.318.1-49.5-31.409:00-12:0018.5 EUR/MWhLow 18.1 · High 49.5High 49.5Low 18.1Low 18.1 · High 49.5
3
🇫🇷France
48.00.0-94.8-94.814:00-17:001.9 EUR/MWhLow 0.0 · High 94.8High 94.8Low 0.0Low 0.0 · High 94.8
4
🇵🇹Portugal
51.50.0-94.8-94.808:00-11:005.3 EUR/MWhLow 0.0 · High 94.8High 94.8Low 0.0Low 0.0 · High 94.8
5
🇷🇸Serbia
65.830.0-121.1-91.112:00-15:0033.4 EUR/MWhLow 30.0 · High 121.1High 121.1Low 30.0Low 30.0 · High 121.1
6
🇫🇮Finland
70.229.3-132.2-102.914:00-17:0045.9 EUR/MWhLow 29.3 · High 132.2High 132.2Low 29.3Low 29.3 · High 132.2
7
🇪🇪Estonia
74.029.3-140.6-111.314:00-17:0046.0 EUR/MWhLow 29.3 · High 140.6High 140.6Low 29.3Low 29.3 · High 140.6
8
🇲🇰North Macedonia
80.76.0-140.0-134.010:00-13:009.4 EUR/MWhLow 6.0 · High 140.0High 140.0Low 6.0Low 6.0 · High 140.0
9
🇸🇪Sweden
4 price areas		81.328.9-123.7-94.813:00-16:0044.6 EUR/MWhLow 28.9 · High 123.7High 123.7Low 28.9Low 28.9 · High 123.7
10
🇳🇴Norway
5 price areas		92.666.3-113.4-47.113:00-16:0076.7 EUR/MWhLow 66.3 · High 113.4High 113.4Low 66.3Low 66.3 · High 113.4
11
🇲🇪Montenegro
93.426.3-150.0-123.811:00-14:0030.0 EUR/MWhLow 26.3 · High 150.0High 150.0Low 26.3Low 26.3 · High 150.0
12
🇧🇪Belgium
95.120.9-150.0-129.113:00-16:0033.0 EUR/MWhLow 20.9 · High 150.0High 150.0Low 20.9Low 20.9 · High 150.0
13
🇦🇱Albania
96.46.0-187.1-181.110:00-13:0019.0 EUR/MWhLow 6.0 · High 187.1High 187.1Low 6.0Low 6.0 · High 187.1
14
🇱🇹Lithuania
99.628.6-144.9-116.314:00-17:0045.4 EUR/MWhLow 28.6 · High 144.9High 144.9Low 28.6Low 28.6 · High 144.9
15
🇱🇻Latvia
99.628.6-144.9-116.314:00-17:0045.4 EUR/MWhLow 28.6 · High 144.9High 144.9Low 28.6Low 28.6 · High 144.9
16
🇳🇱Netherlands
101.824.6-154.2-129.613:00-16:0038.4 EUR/MWhLow 24.6 · High 154.2High 154.2Low 24.6Low 24.6 · High 154.2
17
🇩🇰Denmark
2 price areas		107.528.3-161.2-132.913:00-16:0044.4 EUR/MWhLow 28.3 · High 161.2High 161.2Low 28.3Low 28.3 · High 161.2
18
🇩🇪Germany / Lux.
109.030.0-160.9-131.012:00-15:0048.0 EUR/MWhLow 30.0 · High 160.9High 160.9Low 30.0Low 30.0 · High 160.9
19
🇱🇺Luxembourg
109.840.2-153.5-113.313:00-16:0043.8 EUR/MWhLow 40.2 · High 153.5High 153.5Low 40.2Low 40.2 · High 153.5
20
🇧🇬Bulgaria
114.611.0-199.2-188.213:00-16:0051.5 EUR/MWhLow 11.0 · High 199.2High 199.2Low 11.0Low 11.0 · High 199.2
21
🇨🇿Czechia
115.232.4-166.4-134.012:00-15:0048.8 EUR/MWhLow 32.4 · High 166.4High 166.4Low 32.4Low 32.4 · High 166.4
22
🇸🇰Slovakia
117.434.0-172.0-137.912:00-15:0050.2 EUR/MWhLow 34.0 · High 172.0High 172.0Low 34.0Low 34.0 · High 172.0
23
🇷🇴Romania
118.311.0-199.2-188.213:00-16:0051.5 EUR/MWhLow 11.0 · High 199.2High 199.2Low 11.0Low 11.0 · High 199.2
24
🇭🇺Hungary
118.934.6-170.0-135.512:00-15:0051.4 EUR/MWhLow 34.6 · High 170.0High 170.0Low 34.6Low 34.6 · High 170.0
25
🇭🇷Croatia
119.935.4-170.2-134.712:00-15:0052.5 EUR/MWhLow 35.4 · High 170.2High 170.2Low 35.4Low 35.4 · High 170.2
26
🇸🇮Slovenia
120.435.6-170.5-135.012:00-15:0052.8 EUR/MWhLow 35.6 · High 170.5High 170.5Low 35.6Low 35.6 · High 170.5
27
🇦🇹Austria
123.365.0-164.4-99.412:00-15:0078.0 EUR/MWhLow 65.0 · High 164.4High 164.4Low 65.0Low 65.0 · High 164.4
28
🇬🇷Greece
127.30.0-170.3-170.308:00-11:0078.2 EUR/MWhLow 0.0 · High 170.3High 170.3Low 0.0Low 0.0 · High 170.3
29
🇬🇧Great Britain wholesale
127.6115.6-148.6-33.110:00-13:00116.9 EUR/MWhLow 115.6 · High 148.6High 148.6Low 115.6Low 115.6 · High 148.6
30
🇵🇱Poland
130.3107.8-180.2-72.511:00-14:00110.8 EUR/MWhLow 107.8 · High 180.2High 180.2Low 107.8Low 107.8 · High 180.2
31
🇨🇭Switzerland
133.4115.9-155.7-39.814:00-17:00117.1 EUR/MWhLow 115.9 · High 155.7High 155.7Low 115.9Low 115.9 · High 155.7
32
🇮🇹Italy
7 price areas		138.249.0-172.7-123.612:00-15:0092.0 EUR/MWhLow 49.0 · High 172.7High 172.7Low 49.0Low 49.0 · High 172.7
33
🇮🇪Ireland
152.9113.0-231.6-118.613:00-16:00113.9 EUR/MWhLow 113.0 · High 231.6High 231.6Low 113.0Low 113.0 · High 231.6

On Friday, May 15, 2026, Spain ranked lowest by average wholesale reference price, while Ireland ranked highest. The widest price spread was in Bulgaria: 188.2 EUR/MWh.

Daily country electricity price ranking for 2026-05-15, 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, CCEE Open Data, SMARD Bundesnetzagentur, Elexon BMRS Open Data, PSE Reports API

MethodologyMonthly archiveEuropean volatility reportHousehold prices by country