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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 countries Published wholesale prices Updated May 31, 18:35 GMT+2 Monthly archive
Lowest average 🇧🇷 Brazil 31.2 EUR/MWh
Highest average 🇮🇪 Ireland 134.7 EUR/MWh
Widest spread 🇭🇺 Hungary 337.4 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.
Rank Country Avg EUR/MWh Low EUR/MWh High EUR/MWh Spread EUR/MWh Cheapest 3h Mobile summary
1
🇧🇷 Brazil
4 price areas 		31.2 14.9- 45.9- 31.0 10:00-13:00 15.6 EUR/MWh Low 14.9 · High 45.9 High 45.9 Low 14.9 Low 14.9 · High 45.9
2
🇪🇸 Spain
56.5 -17.0- 125.0- 142.0 11:00-14:00 -4.2 EUR/MWh Low -17.0 · High 125.0 High 125.0 Low -17.0 Low -17.0 · High 125.0
3
🇲🇪 Montenegro
62.0 8.0- 145.0- 137.0 10:00-13:00 10.7 EUR/MWh Low 8.0 · High 145.0 High 145.0 Low 8.0 Low 8.0 · High 145.0
4
🇲🇰 North Macedonia
67.0 7.0- 155.0- 148.0 12:00-15:00 7.4 EUR/MWh Low 7.0 · High 155.0 High 155.0 Low 7.0 Low 7.0 · High 155.0
5
🇷🇸 Serbia
68.6 14.7- 130.1- 115.4 12:00-15:00 17.1 EUR/MWh Low 14.7 · High 130.1 High 130.1 Low 14.7 Low 14.7 · High 130.1
6
🇸🇪 Sweden
4 price areas 		70.8 11.9- 152.6- 140.7 13:00-16:00 23.6 EUR/MWh Low 11.9 · High 152.6 High 152.6 Low 11.9 Low 11.9 · High 152.6
7
🇫🇮 Finland
71.9 11.5- 138.5- 127.0 14:00-17:00 24.3 EUR/MWh Low 11.5 · High 138.5 High 138.5 Low 11.5 Low 11.5 · High 138.5
8
🇵🇹 Portugal
73.4 0.0- 125.0- 125.0 16:00-19:00 19.6 EUR/MWh Low 0.0 · High 125.0 High 125.0 Low 0.0 Low 0.0 · High 125.0
9
🇪🇪 Estonia
76.5 11.5- 150.2- 138.7 14:00-17:00 24.3 EUR/MWh Low 11.5 · High 150.2 High 150.2 Low 11.5 Low 11.5 · High 150.2
10
🇳🇴 Norway
5 price areas 		77.0 35.3- 113.9- 78.6 12:00-15:00 42.2 EUR/MWh Low 35.3 · High 113.9 High 113.9 Low 35.3 Low 35.3 · High 113.9
11
🇫🇷 France
80.1 0.0- 125.0- 125.0 16:00-19:00 16.2 EUR/MWh Low 0.0 · High 125.0 High 125.0 Low 0.0 Low 0.0 · High 125.0
12
🇱🇹 Lithuania
91.7 9.2- 188.3- 179.2 13:00-16:00 14.3 EUR/MWh Low 9.2 · High 188.3 High 188.3 Low 9.2 Low 9.2 · High 188.3
13
🇱🇻 Latvia
91.7 9.2- 188.3- 179.2 13:00-16:00 14.3 EUR/MWh Low 9.2 · High 188.3 High 188.3 Low 9.2 Low 9.2 · High 188.3
14
🇬🇷 Greece
102.8 0.0- 179.4- 179.4 10:00-13:00 0.0 EUR/MWh Low 0.0 · High 179.4 High 179.4 Low 0.0 Low 0.0 · High 179.4
15
🇨🇭 Switzerland
104.7 6.0- 168.0- 162.0 12:00-15:00 7.0 EUR/MWh Low 6.0 · High 168.0 High 168.0 Low 6.0 Low 6.0 · High 168.0
16
🇧🇪 Belgium
105.8 0.0- 202.9- 202.9 10:00-13:00 12.4 EUR/MWh Low 0.0 · High 202.9 High 202.9 Low 0.0 Low 0.0 · High 202.9
17
🇱🇺 Luxembourg
106.4 0.0- 218.4- 218.4 12:00-15:00 0.3 EUR/MWh Low 0.0 · High 218.4 High 218.4 Low 0.0 Low 0.0 · High 218.4
18
🇵🇱 Poland
108.3 0.8- 223.5- 222.6 11:00-14:00 2.8 EUR/MWh Low 0.8 · High 223.5 High 223.5 Low 0.8 Low 0.8 · High 223.5
19
🇩🇰 Denmark
2 price areas 		108.4 7.3- 245.4- 238.1 12:00-15:00 14.5 EUR/MWh Low 7.3 · High 245.4 High 245.4 Low 7.3 Low 7.3 · High 245.4
20
🇦🇹 Austria
109.7 -26.2- 196.7- 222.9 12:00-15:00 1.3 EUR/MWh Low -26.2 · High 196.7 High 196.7 Low -26.2 Low -26.2 · High 196.7
21
🇩🇪 Germany / Lux.
110.0 -7.3- 241.1- 248.4 12:00-15:00 2.1 EUR/MWh Low -7.3 · High 241.1 High 241.1 Low -7.3 Low -7.3 · High 241.1
22
🇧🇬 Bulgaria
112.0 0.0- 250.0- 250.0 14:00-17:00 8.3 EUR/MWh Low 0.0 · High 250.0 High 250.0 Low 0.0 Low 0.0 · High 250.0
23
🇳🇱 Netherlands
112.2 0.0- 232.1- 232.1 10:00-13:00 13.4 EUR/MWh Low 0.0 · High 232.1 High 232.1 Low 0.0 Low 0.0 · High 232.1
24
🇨🇿 Czechia
117.9 0.0- 235.3- 235.3 10:00-13:00 16.0 EUR/MWh Low 0.0 · High 235.3 High 235.3 Low 0.0 Low 0.0 · High 235.3
25
🇸🇰 Slovakia
119.2 0.0- 231.4- 231.4 10:00-13:00 16.2 EUR/MWh Low 0.0 · High 231.4 High 231.4 Low 0.0 Low 0.0 · High 231.4
26
🇸🇮 Slovenia
120.6 0.0- 222.2- 222.2 10:00-13:00 17.0 EUR/MWh Low 0.0 · High 222.2 High 222.2 Low 0.0 Low 0.0 · High 222.2
27
🇭🇷 Croatia
121.5 0.0- 244.4- 244.4 10:00-13:00 16.9 EUR/MWh Low 0.0 · High 244.4 High 244.4 Low 0.0 Low 0.0 · High 244.4
28
🇷🇴 Romania
123.6 0.0- 310.0- 310.0 11:00-14:00 16.5 EUR/MWh Low 0.0 · High 310.0 High 310.0 Low 0.0 Low 0.0 · High 310.0
29
🇬🇧 Great Britain wholesale
126.9 93.1- 173.7- 80.6 12:00-15:00 95.2 EUR/MWh Low 93.1 · High 173.7 High 173.7 Low 93.1 Low 93.1 · High 173.7
30
🇭🇺 Hungary
128.0 0.0- 337.4- 337.4 10:00-13:00 16.5 EUR/MWh Low 0.0 · High 337.4 High 337.4 Low 0.0 Low 0.0 · High 337.4
31
🇮🇹 Italy
7 price areas 		133.4 3.7- 195.9- 192.2 14:00-17:00 34.7 EUR/MWh Low 3.7 · High 195.9 High 195.9 Low 3.7 Low 3.7 · High 195.9
32
🇮🇪 Ireland
134.7 111.3- 167.1- 55.8 13:00-16:00 112.9 EUR/MWh Low 111.3 · High 167.1 High 167.1 Low 111.3 Low 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.

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

Methodology Monthly archive Household prices by country