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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.

31 countries Published wholesale prices Updated May 31, 18:35 GMT+2 Monthly archive
Lowest average 🇫🇮 Finland 22.2 EUR/MWh
Highest average 🇮🇹 Italy 129.3 EUR/MWh
Widest spread 🇦🇹 Austria 311.9 EUR/MWh

Country ranking

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

Daily wholesale reference electricity price country ranking for Saturday, May 23, 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
🇫🇮 Finland
22.2 0.9- 59.3- 58.4 15:00-18:00 1.5 EUR/MWh Low 0.9 · High 59.3 High 59.3 Low 0.9 Low 0.9 · High 59.3
2
🇧🇷 Brazil
4 price areas 		23.5 9.9- 54.9- 45.0 11:00-14:00 9.9 EUR/MWh Low 9.9 · High 54.9 High 54.9 Low 9.9 Low 9.9 · High 54.9
3
🇸🇪 Sweden
4 price areas 		24.2 0.2- 67.5- 67.3 13:00-16:00 0.8 EUR/MWh Low 0.2 · High 67.5 High 67.5 Low 0.2 Low 0.2 · High 67.5
4
🇪🇪 Estonia
26.6 0.9- 75.9- 74.9 15:00-18:00 1.5 EUR/MWh Low 0.9 · High 75.9 High 75.9 Low 0.9 Low 0.9 · High 75.9
5
🇫🇷 France
35.5 -36.4- 115.0- 151.4 12:00-15:00 -20.7 EUR/MWh Low -36.4 · High 115.0 High 115.0 Low -36.4 Low -36.4 · High 115.0
6
🇪🇸 Spain
36.1 -14.0- 115.0- 129.0 12:00-15:00 -9.0 EUR/MWh Low -14.0 · High 115.0 High 115.0 Low -14.0 Low -14.0 · High 115.0
7
🇱🇻 Latvia
42.9 -0.4- 126.1- 126.5 14:00-17:00 0.1 EUR/MWh Low -0.4 · High 126.1 High 126.1 Low -0.4 Low -0.4 · High 126.1
8
🇵🇹 Portugal
43.6 -2.1- 110.0- 112.1 13:00-16:00 -1.7 EUR/MWh Low -2.1 · High 110.0 High 110.0 Low -2.1 Low -2.1 · High 110.0
9
🇱🇹 Lithuania
43.7 -0.4- 126.1- 126.5 14:00-17:00 0.1 EUR/MWh Low -0.4 · High 126.1 High 126.1 Low -0.4 Low -0.4 · High 126.1
10
🇳🇴 Norway
5 price areas 		47.6 1.1- 88.3- 87.2 14:00-17:00 4.7 EUR/MWh Low 1.1 · High 88.3 High 88.3 Low 1.1 Low 1.1 · High 88.3
11
🇦🇱 Albania
63.3 1.0- 155.0- 154.0 14:00-17:00 6.8 EUR/MWh Low 1.0 · High 155.0 High 155.0 Low 1.0 Low 1.0 · High 155.0
12
🇨🇭 Switzerland
69.0 -69.7- 140.4- 210.1 12:00-15:00 -57.8 EUR/MWh Low -69.7 · High 140.4 High 140.4 Low -69.7 Low -69.7 · High 140.4
13
🇧🇪 Belgium
75.1 -36.5- 175.2- 211.7 12:00-15:00 -20.8 EUR/MWh Low -36.5 · High 175.2 High 175.2 Low -36.5 Low -36.5 · High 175.2
14
🇳🇱 Netherlands
76.9 -36.6- 180.9- 217.4 12:00-15:00 -20.8 EUR/MWh Low -36.6 · High 180.9 High 180.9 Low -36.6 Low -36.6 · High 180.9
15
🇩🇪 Germany / Lux.
77.7 -77.5- 190.0- 267.5 12:00-15:00 -54.9 EUR/MWh Low -77.5 · High 190.0 High 190.0 Low -77.5 Low -77.5 · High 190.0
16
🇦🇹 Austria
78.3 -100.0- 211.9- 311.9 12:00-15:00 -56.6 EUR/MWh Low -100.0 · High 211.9 High 211.9 Low -100.0 Low -100.0 · High 211.9
17
🇩🇰 Denmark
2 price areas 		79.6 -6.5- 179.2- 185.7 12:00-15:00 -3.8 EUR/MWh Low -6.5 · High 179.2 High 179.2 Low -6.5 Low -6.5 · High 179.2
18
🇱🇺 Luxembourg
79.8 -31.8- 174.5- 206.3 12:00-15:00 -20.9 EUR/MWh Low -31.8 · High 174.5 High 174.5 Low -31.8 Low -31.8 · High 174.5
19
🇨🇿 Czechia
82.4 -38.0- 196.0- 233.9 12:00-15:00 -21.6 EUR/MWh Low -38.0 · High 196.0 High 196.0 Low -38.0 Low -38.0 · High 196.0
20
🇭🇺 Hungary
82.7 -56.9- 211.4- 268.4 12:00-15:00 -32.5 EUR/MWh Low -56.9 · High 211.4 High 211.4 Low -56.9 Low -56.9 · High 211.4
21
🇸🇰 Slovakia
82.8 -40.5- 201.4- 241.9 12:00-15:00 -23.1 EUR/MWh Low -40.5 · High 201.4 High 201.4 Low -40.5 Low -40.5 · High 201.4
22
🇸🇮 Slovenia
83.5 -33.7- 190.3- 224.0 12:00-15:00 -19.2 EUR/MWh Low -33.7 · High 190.3 High 190.3 Low -33.7 Low -33.7 · High 190.3
23
🇭🇷 Croatia
84.0 -28.5- 187.2- 215.7 12:00-15:00 -16.2 EUR/MWh Low -28.5 · High 187.2 High 187.2 Low -28.5 Low -28.5 · High 187.2
24
🇵🇱 Poland
91.7 -0.5- 185.4- 185.9 09:00-12:00 2.1 EUR/MWh Low -0.5 · High 185.4 High 185.4 Low -0.5 Low -0.5 · High 185.4
25
🇷🇸 Serbia
91.8 2.0- 165.1- 163.1 13:00-16:00 3.4 EUR/MWh Low 2.0 · High 165.1 High 165.1 Low 2.0 Low 2.0 · High 165.1
26
🇬🇷 Greece
94.1 -3.2- 185.5- 188.7 10:00-13:00 -0.2 EUR/MWh Low -3.2 · High 185.5 High 185.5 Low -3.2 Low -3.2 · High 185.5
27
🇧🇬 Bulgaria
94.3 -3.2- 185.5- 188.7 15:00-18:00 -0.8 EUR/MWh Low -3.2 · High 185.5 High 185.5 Low -3.2 Low -3.2 · High 185.5
28
🇷🇴 Romania
98.8 -8.7- 185.5- 194.1 15:00-18:00 -1.4 EUR/MWh Low -8.7 · High 185.5 High 185.5 Low -8.7 Low -8.7 · High 185.5
29
🇮🇪 Ireland
123.3 78.2- 171.2- 93.1 13:00-16:00 80.8 EUR/MWh Low 78.2 · High 171.2 High 171.2 Low 78.2 Low 78.2 · High 171.2
30
🇬🇧 Great Britain wholesale
127.1 100.0- 166.8- 66.9 12:00-15:00 104.2 EUR/MWh Low 100.0 · High 166.8 High 166.8 Low 100.0 Low 100.0 · High 166.8
31
🇮🇹 Italy
7 price areas 		129.3 0.3- 182.7- 182.4 09:00-12:00 17.9 EUR/MWh Low 0.3 · High 182.7 High 182.7 Low 0.3 Low 0.3 · High 182.7

On Saturday, May 23, 2026, Finland ranked lowest by average wholesale reference price, while Italy ranked highest. The widest price spread was in Austria: 311.9 EUR/MWh.

Daily country electricity price ranking for 2026-05-23, 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
ENTSO-E Transparency Platform, CCEE Open Data, SMARD Bundesnetzagentur, PSE Reports API, Elexon BMRS Open Data

Methodology Monthly archive Household prices by country