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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🇧🇷 Brazil31.2 EUR/MWh
Highest average🇮🇪 Ireland134.7 EUR/MWh
Widest spread🇭🇺 Hungary337.4 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 22, 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		31.214.9-45.9-31.010:00-13:0015.6 EUR/MWhLow 14.9 · High 45.9High 45.9Low 14.9Low 14.9 · High 45.9
2
🇪🇸Spain
56.5-17.0-125.0-142.011:00-14:00-4.2 EUR/MWhLow -17.0 · High 125.0High 125.0Low -17.0Low -17.0 · High 125.0
3
🇲🇪Montenegro
62.08.0-145.0-137.010:00-13:0010.7 EUR/MWhLow 8.0 · High 145.0High 145.0Low 8.0Low 8.0 · High 145.0
4
🇲🇰North Macedonia
67.07.0-155.0-148.012:00-15:007.4 EUR/MWhLow 7.0 · High 155.0High 155.0Low 7.0Low 7.0 · High 155.0
5
🇷🇸Serbia
68.614.7-130.1-115.412:00-15:0017.1 EUR/MWhLow 14.7 · High 130.1High 130.1Low 14.7Low 14.7 · High 130.1
6
🇸🇪Sweden
4 price areas		70.811.9-152.6-140.713:00-16:0023.6 EUR/MWhLow 11.9 · High 152.6High 152.6Low 11.9Low 11.9 · High 152.6
7
🇫🇮Finland
71.911.5-138.5-127.014:00-17:0024.3 EUR/MWhLow 11.5 · High 138.5High 138.5Low 11.5Low 11.5 · High 138.5
8
🇵🇹Portugal
73.40.0-125.0-125.016:00-19:0019.6 EUR/MWhLow 0.0 · High 125.0High 125.0Low 0.0Low 0.0 · High 125.0
9
🇪🇪Estonia
76.511.5-150.2-138.714:00-17:0024.3 EUR/MWhLow 11.5 · High 150.2High 150.2Low 11.5Low 11.5 · High 150.2
10
🇳🇴Norway
5 price areas		77.035.3-113.9-78.612:00-15:0042.2 EUR/MWhLow 35.3 · High 113.9High 113.9Low 35.3Low 35.3 · High 113.9
11
🇫🇷France
80.10.0-125.0-125.016:00-19:0016.2 EUR/MWhLow 0.0 · High 125.0High 125.0Low 0.0Low 0.0 · High 125.0
12
🇱🇹Lithuania
91.79.2-188.3-179.213:00-16:0014.3 EUR/MWhLow 9.2 · High 188.3High 188.3Low 9.2Low 9.2 · High 188.3
13
🇱🇻Latvia
91.79.2-188.3-179.213:00-16:0014.3 EUR/MWhLow 9.2 · High 188.3High 188.3Low 9.2Low 9.2 · High 188.3
14
🇬🇷Greece
102.80.0-179.4-179.410:00-13:000.0 EUR/MWhLow 0.0 · High 179.4High 179.4Low 0.0Low 0.0 · High 179.4
15
🇨🇭Switzerland
104.76.0-168.0-162.012:00-15:007.0 EUR/MWhLow 6.0 · High 168.0High 168.0Low 6.0Low 6.0 · High 168.0
16
🇧🇪Belgium
105.80.0-202.9-202.910:00-13:0012.4 EUR/MWhLow 0.0 · High 202.9High 202.9Low 0.0Low 0.0 · High 202.9
17
🇱🇺Luxembourg
106.40.0-218.4-218.412:00-15:000.3 EUR/MWhLow 0.0 · High 218.4High 218.4Low 0.0Low 0.0 · High 218.4
18
🇵🇱Poland
108.30.8-223.5-222.611:00-14:002.8 EUR/MWhLow 0.8 · High 223.5High 223.5Low 0.8Low 0.8 · High 223.5
19
🇩🇰Denmark
2 price areas		108.47.3-245.4-238.112:00-15:0014.5 EUR/MWhLow 7.3 · High 245.4High 245.4Low 7.3Low 7.3 · High 245.4
20
🇦🇹Austria
109.7-26.2-196.7-222.912:00-15:001.3 EUR/MWhLow -26.2 · High 196.7High 196.7Low -26.2Low -26.2 · High 196.7
21
🇩🇪Germany / Lux.
110.0-7.3-241.1-248.412:00-15:002.1 EUR/MWhLow -7.3 · High 241.1High 241.1Low -7.3Low -7.3 · High 241.1
22
🇧🇬Bulgaria
112.00.0-250.0-250.014:00-17:008.3 EUR/MWhLow 0.0 · High 250.0High 250.0Low 0.0Low 0.0 · High 250.0
23
🇳🇱Netherlands
112.20.0-232.1-232.110:00-13:0013.4 EUR/MWhLow 0.0 · High 232.1High 232.1Low 0.0Low 0.0 · High 232.1
24
🇨🇿Czechia
117.90.0-235.3-235.310:00-13:0016.0 EUR/MWhLow 0.0 · High 235.3High 235.3Low 0.0Low 0.0 · High 235.3
25
🇸🇰Slovakia
119.20.0-231.4-231.410:00-13:0016.2 EUR/MWhLow 0.0 · High 231.4High 231.4Low 0.0Low 0.0 · High 231.4
26
🇸🇮Slovenia
120.60.0-222.2-222.210:00-13:0017.0 EUR/MWhLow 0.0 · High 222.2High 222.2Low 0.0Low 0.0 · High 222.2
27
🇭🇷Croatia
121.50.0-244.4-244.410:00-13:0016.9 EUR/MWhLow 0.0 · High 244.4High 244.4Low 0.0Low 0.0 · High 244.4
28
🇷🇴Romania
123.60.0-310.0-310.011:00-14:0016.5 EUR/MWhLow 0.0 · High 310.0High 310.0Low 0.0Low 0.0 · High 310.0
29
🇬🇧Great Britain wholesale
126.993.1-173.7-80.612:00-15:0095.2 EUR/MWhLow 93.1 · High 173.7High 173.7Low 93.1Low 93.1 · High 173.7
30
🇭🇺Hungary
128.00.0-337.4-337.410:00-13:0016.5 EUR/MWhLow 0.0 · High 337.4High 337.4Low 0.0Low 0.0 · High 337.4
31
🇮🇹Italy
7 price areas		133.43.7-195.9-192.214:00-17:0034.7 EUR/MWhLow 3.7 · High 195.9High 195.9Low 3.7Low 3.7 · High 195.9
32
🇮🇪Ireland
134.7111.3-167.1-55.813:00-16:00112.9 EUR/MWhLow 111.3 · High 167.1High 167.1Low 111.3Low 111.3 · High 167.1

On Friday, May 22, 2026, Brazil ranked lowest by average wholesale reference price, while Ireland ranked highest. The widest price spread was in Hungary: 337.4 EUR/MWh.

Daily country electricity price ranking for 2026-05-22, 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, SMARD Bundesnetzagentur, PSE Reports API, Elexon BMRS Open Data

MethodologyMonthly archiveEuropean volatility reportHousehold prices by country