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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🇧🇷 Brazil32.9 EUR/MWh
Highest average🇮🇪 Ireland136.7 EUR/MWh
Widest spread🇸🇮 Slovenia254.5 EUR/MWh

Country ranking

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

Daily wholesale reference electricity price country ranking for Thursday, May 21, 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		32.918.1-45.4-27.209:00-12:0025.2 EUR/MWhLow 18.1 · High 45.4High 45.4Low 18.1Low 18.1 · High 45.4
2
🇪🇸Spain
59.6-10.8-125.0-135.810:00-13:00-1.4 EUR/MWhLow -10.8 · High 125.0High 125.0Low -10.8Low -10.8 · High 125.0
3
🇦🇱Albania
65.73.0-186.0-183.009:00-12:004.6 EUR/MWhLow 3.0 · High 186.0High 186.0Low 3.0Low 3.0 · High 186.0
4
🇷🇸Serbia
66.63.1-186.7-183.611:00-14:0014.5 EUR/MWhLow 3.1 · High 186.7High 186.7Low 3.1Low 3.1 · High 186.7
5
🇫🇮Finland
70.911.9-145.6-133.701:00-04:0027.7 EUR/MWhLow 11.9 · High 145.6High 145.6Low 11.9Low 11.9 · High 145.6
6
🇲🇰North Macedonia
74.90.1-159.7-159.608:00-11:006.4 EUR/MWhLow 0.1 · High 159.7High 159.7Low 0.1Low 0.1 · High 159.7
7
🇵🇹Portugal
77.70.0-125.0-125.009:00-12:000.0 EUR/MWhLow 0.0 · High 125.0High 125.0Low 0.0Low 0.0 · High 125.0
8
🇸🇪Sweden
4 price areas		80.117.7-158.4-140.613:00-16:0037.1 EUR/MWhLow 17.7 · High 158.4High 158.4Low 17.7Low 17.7 · High 158.4
9
🇲🇪Montenegro
80.61.0-169.0-168.009:00-12:006.1 EUR/MWhLow 1.0 · High 169.0High 169.0Low 1.0Low 1.0 · High 169.0
10
🇫🇷France
81.50.0-125.0-125.008:00-11:0031.2 EUR/MWhLow 0.0 · High 125.0High 125.0Low 0.0Low 0.0 · High 125.0
11
🇳🇴Norway
5 price areas		83.924.8-136.4-111.613:00-16:0045.5 EUR/MWhLow 24.8 · High 136.4High 136.4Low 24.8Low 24.8 · High 136.4
12
🇪🇪Estonia
89.911.9-202.3-190.514:00-17:0037.5 EUR/MWhLow 11.9 · High 202.3High 202.3Low 11.9Low 11.9 · High 202.3
13
🇧🇬Bulgaria
100.35.1-227.1-222.013:00-16:0010.3 EUR/MWhLow 5.1 · High 227.1High 227.1Low 5.1Low 5.1 · High 227.1
14
🇸🇮Slovenia
103.6-17.7-236.8-254.510:00-13:000.7 EUR/MWhLow -17.7 · High 236.8High 236.8Low -17.7Low -17.7 · High 236.8
15
🇷🇴Romania
103.95.1-227.1-222.013:00-16:0010.3 EUR/MWhLow 5.1 · High 227.1High 227.1Low 5.1Low 5.1 · High 227.1
16
🇭🇷Croatia
104.80.1-234.3-234.210:00-13:007.1 EUR/MWhLow 0.1 · High 234.3High 234.3Low 0.1Low 0.1 · High 234.3
17
🇭🇺Hungary
106.75.0-237.4-232.412:00-15:0010.2 EUR/MWhLow 5.0 · High 237.4High 237.4Low 5.0Low 5.0 · High 237.4
18
🇳🇱Netherlands
107.34.0-219.1-215.112:00-15:008.2 EUR/MWhLow 4.0 · High 219.1High 219.1Low 4.0Low 4.0 · High 219.1
19
🇸🇰Slovakia
107.55.0-235.2-230.212:00-15:0010.1 EUR/MWhLow 5.0 · High 235.2High 235.2Low 5.0Low 5.0 · High 235.2
20
🇧🇪Belgium
107.63.4-215.2-211.912:00-15:007.2 EUR/MWhLow 3.4 · High 215.2High 215.2Low 3.4Low 3.4 · High 215.2
21
🇨🇿Czechia
107.94.9-233.5-228.512:00-15:0010.0 EUR/MWhLow 4.9 · High 233.5High 233.5Low 4.9Low 4.9 · High 233.5
22
🇵🇱Poland
109.112.1-206.6-194.512:00-15:0015.8 EUR/MWhLow 12.1 · High 206.6High 206.6Low 12.1Low 12.1 · High 206.6
23
🇱🇺Luxembourg
109.27.4-204.7-197.312:00-15:009.4 EUR/MWhLow 7.4 · High 204.7High 204.7Low 7.4Low 7.4 · High 204.7
24
🇱🇹Lithuania
109.424.4-202.3-177.914:00-17:0037.5 EUR/MWhLow 24.4 · High 202.3High 202.3Low 24.4Low 24.4 · High 202.3
25
🇱🇻Latvia
109.424.4-202.3-177.914:00-17:0037.5 EUR/MWhLow 24.4 · High 202.3High 202.3Low 24.4Low 24.4 · High 202.3
26
🇨🇭Switzerland
109.613.0-184.1-171.012:00-15:0016.6 EUR/MWhLow 13.0 · High 184.1High 184.1Low 13.0Low 13.0 · High 184.1
27
🇦🇹Austria
110.63.9-202.7-198.812:00-15:0018.6 EUR/MWhLow 3.9 · High 202.7High 202.7Low 3.9Low 3.9 · High 202.7
28
🇩🇰Denmark
2 price areas		111.114.5-215.2-200.712:00-15:0022.9 EUR/MWhLow 14.5 · High 215.2High 215.2Low 14.5Low 14.5 · High 215.2
29
🇩🇪Germany / Lux.
111.213.3-198.2-184.912:00-15:0024.4 EUR/MWhLow 13.3 · High 198.2High 198.2Low 13.3Low 13.3 · High 198.2
30
🇬🇷Greece
118.30.0-227.1-227.109:00-12:0011.8 EUR/MWhLow 0.0 · High 227.1High 227.1Low 0.0Low 0.0 · High 227.1
31
🇬🇧Great Britain wholesale
123.981.0-187.1-106.213:00-16:0088.7 EUR/MWhLow 81.0 · High 187.1High 187.1Low 81.0Low 81.0 · High 187.1
32
🇮🇹Italy
7 price areas		127.74.0-186.0-182.012:00-15:0035.3 EUR/MWhLow 4.0 · High 186.0High 186.0Low 4.0Low 4.0 · High 186.0
33
🇮🇪Ireland
136.7119.0-164.8-45.813:00-16:00121.4 EUR/MWhLow 119.0 · High 164.8High 164.8Low 119.0Low 119.0 · High 164.8

On Thursday, May 21, 2026, Brazil ranked lowest by average wholesale reference price, while Ireland ranked highest. The widest price spread was in Slovenia: 254.5 EUR/MWh.

Daily country electricity price ranking for 2026-05-21, 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, SMARD Bundesnetzagentur, Elexon BMRS Open Data

MethodologyMonthly archiveEuropean volatility reportHousehold prices by country