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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 4.5 EUR/MWh
Highest average 🇮🇪 Ireland 154.1 EUR/MWh
Widest spread 🇦🇹 Austria 504.2 EUR/MWh

Country ranking

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

Daily wholesale reference electricity price country ranking for Monday, May 25, 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
4.5 -0.9- 31.2- 32.1 12:00-15:00 -0.4 EUR/MWh Low -0.9 · High 31.2 High 31.2 Low -0.9 Low -0.9 · High 31.2
2
🇪🇪 Estonia
5.8 -0.9- 95.0- 95.8 12:00-15:00 -0.4 EUR/MWh Low -0.9 · High 95.0 High 95.0 Low -0.9 Low -0.9 · High 95.0
3
🇸🇪 Sweden
4 price areas 		27.9 -2.2- 58.5- 60.8 12:00-15:00 -0.9 EUR/MWh Low -2.2 · High 58.5 High 58.5 Low -2.2 Low -2.2 · High 58.5
4
🇫🇷 France
30.3 -21.2- 110.0- 131.2 12:00-15:00 -9.3 EUR/MWh Low -21.2 · High 110.0 High 110.0 Low -21.2 Low -21.2 · High 110.0
5
🇪🇸 Spain
32.3 -5.3- 110.0- 115.3 13:00-16:00 -2.4 EUR/MWh Low -5.3 · High 110.0 High 110.0 Low -5.3 Low -5.3 · High 110.0
6
🇵🇹 Portugal
39.8 -2.1- 110.0- 112.1 10:00-13:00 -1.7 EUR/MWh Low -2.1 · High 110.0 High 110.0 Low -2.1 Low -2.1 · High 110.0
7
🇧🇷 Brazil
4 price areas 		40.2 9.8- 57.0- 47.2 10:00-13:00 16.6 EUR/MWh Low 9.8 · High 57.0 High 57.0 Low 9.8 Low 9.8 · High 57.0
8
🇳🇴 Norway
5 price areas 		48.9 -1.5- 82.7- 84.2 10:00-13:00 2.3 EUR/MWh Low -1.5 · High 82.7 High 82.7 Low -1.5 Low -1.5 · High 82.7
9
🇦🇹 Austria
57.4 -332.7- 171.5- 504.2 12:00-15:00 -120.9 EUR/MWh Low -332.7 · High 171.5 High 171.5 Low -332.7 Low -332.7 · High 171.5
10
🇱🇻 Latvia
64.6 -3.6- 135.6- 139.1 13:00-16:00 -1.7 EUR/MWh Low -3.6 · High 135.6 High 135.6 Low -3.6 Low -3.6 · High 135.6
11
🇱🇹 Lithuania
64.6 -3.6- 135.6- 139.1 13:00-16:00 -1.7 EUR/MWh Low -3.6 · High 135.6 High 135.6 Low -3.6 Low -3.6 · High 135.6
12
🇩🇪 Germany / Lux.
68.5 -209.3- 189.4- 398.7 13:00-16:00 -72.3 EUR/MWh Low -209.3 · High 189.4 High 189.4 Low -209.3 Low -209.3 · High 189.4
13
🇩🇰 Denmark
2 price areas 		75.7 -17.8- 158.0- 175.9 12:00-15:00 -10.3 EUR/MWh Low -17.8 · High 158.0 High 158.0 Low -17.8 Low -17.8 · High 158.0
14
🇳🇱 Netherlands
76.8 -46.8- 180.1- 226.9 12:00-15:00 -30.9 EUR/MWh Low -46.8 · High 180.1 High 180.1 Low -46.8 Low -46.8 · High 180.1
15
🇨🇭 Switzerland
78.0 -25.0- 153.0- 178.0 12:00-15:00 -20.0 EUR/MWh Low -25.0 · High 153.0 High 153.0 Low -25.0 Low -25.0 · High 153.0
16
🇧🇪 Belgium
78.0 -18.7- 176.9- 195.6 13:00-16:00 -4.3 EUR/MWh Low -18.7 · High 176.9 High 176.9 Low -18.7 Low -18.7 · High 176.9
17
🇲🇪 Montenegro
79.8 0.0- 150.1- 150.1 10:00-13:00 1.9 EUR/MWh Low 0.0 · High 150.1 High 150.1 Low 0.0 Low 0.0 · High 150.1
18
🇱🇺 Luxembourg
81.4 -29.3- 172.2- 201.5 12:00-15:00 -23.1 EUR/MWh Low -29.3 · High 172.2 High 172.2 Low -29.3 Low -29.3 · High 172.2
19
🇧🇬 Bulgaria
82.9 0.0- 183.3- 183.3 13:00-16:00 3.6 EUR/MWh Low 0.0 · High 183.3 High 183.3 Low 0.0 Low 0.0 · High 183.3
20
🇨🇿 Czechia
85.6 -31.4- 188.0- 219.4 12:00-15:00 -21.5 EUR/MWh Low -31.4 · High 188.0 High 188.0 Low -31.4 Low -31.4 · High 188.0
21
🇵🇱 Poland
87.6 -10.4- 183.8- 194.3 12:00-15:00 -6.4 EUR/MWh Low -10.4 · High 183.8 High 183.8 Low -10.4 Low -10.4 · High 183.8
22
🇸🇰 Slovakia
87.9 -24.9- 188.8- 213.6 12:00-15:00 -15.4 EUR/MWh Low -24.9 · High 188.8 High 188.8 Low -24.9 Low -24.9 · High 188.8
23
🇭🇺 Hungary
91.4 -17.8- 189.8- 207.6 12:00-15:00 -5.4 EUR/MWh Low -17.8 · High 189.8 High 189.8 Low -17.8 Low -17.8 · High 189.8
24
🇷🇴 Romania
93.4 0.0- 190.1- 190.1 13:00-16:00 3.6 EUR/MWh Low 0.0 · High 190.1 High 190.1 Low 0.0 Low 0.0 · High 190.1
25
🇭🇷 Croatia
99.6 0.0- 191.3- 191.3 09:00-12:00 6.9 EUR/MWh Low 0.0 · High 191.3 High 191.3 Low 0.0 Low 0.0 · High 191.3
26
🇬🇷 Greece
103.6 0.0- 174.2- 174.2 08:00-11:00 21.8 EUR/MWh Low 0.0 · High 174.2 High 174.2 Low 0.0 Low 0.0 · High 174.2
27
🇸🇮 Slovenia
104.4 0.0- 191.7- 191.7 09:00-12:00 8.9 EUR/MWh Low 0.0 · High 191.7 High 191.7 Low 0.0 Low 0.0 · High 191.7
28
🇷🇸 Serbia
110.1 60.0- 170.0- 110.0 11:00-14:00 60.0 EUR/MWh Low 60.0 · High 170.0 High 170.0 Low 60.0 Low 60.0 · High 170.0
29
🇮🇹 Italy
7 price areas 		119.7 19.5- 186.8- 167.3 10:00-13:00 31.3 EUR/MWh Low 19.5 · High 186.8 High 186.8 Low 19.5 Low 19.5 · High 186.8
30
🇬🇧 Great Britain wholesale
123.6 91.6- 186.3- 94.7 11:00-14:00 97.5 EUR/MWh Low 91.6 · High 186.3 High 186.3 Low 91.6 Low 91.6 · High 186.3
31
🇮🇪 Ireland
154.1 116.6- 217.5- 100.9 12:00-15:00 117.4 EUR/MWh Low 116.6 · High 217.5 High 217.5 Low 116.6 Low 116.6 · High 217.5

On Monday, May 25, 2026, Finland ranked lowest by average wholesale reference price, while Ireland ranked highest. The widest price spread was in Austria: 504.2 EUR/MWh.

Daily country electricity price ranking for 2026-05-25, 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