Electricity Prices by Country in Europe

This page provides a comparison of electricity prices across European countries and market regions. Prices are shown as today’s average, along with the minimum and maximum intraday values, allowing you to quickly see where electricity is cheapest or most expensive in Europe today.

All data is aggregated from official wholesale electricity market sources and calculated in UTC for consistency.

Electricity Price Comparison by Country and Region

The chart above shows electricity prices using floating bars, where:

  • the lower bound of a bar represents the minimum price recorded today for a region;
  • the upper bound of a bar represents the maximum price recorded today for a region;
  • the marker inside each bar shows the daily average price for a region;
  • the horizontal line indicates the European average electricity price;
  • darker or more intense colors indicate a larger deviation of the regional average price from the EU average.

This format makes it easy to compare not only average prices, but also price volatility between countries and market zones.

Electricity Prices by Country – Detailed Table

The table below compares daily electricity prices across European countries and market regions.
Click on any country or region name (for example, Germany or Denmark DK1) to open a detailed page about electricity prices, historical trends, and market conditions in that area.

How Electricity Prices Are Calculated

Electricity prices on this page are calculated as daily averages based on intraday wholesale market data for each country or bidding zone.

  • Prices are aggregated per zone (for example, LV, DE, DK2, NO1);
  • All values are calculated in EUR/MWh;
  • Timezone: UTC;
  • Taxes, VAT, grid fees, and consumer markups are not included.

This ensures fair comparison across countries and regions using a consistent methodology.

Frequently Asked Questions

Why do electricity prices differ between European countries?

Electricity prices vary due to differences in generation mix, demand, weather conditions, cross-border interconnections, and market design.

Are these household electricity prices?

No. The prices shown here are wholesale market prices (EUR/MWh). Household bills usually include taxes, grid fees, and supplier margins.

How often are prices updated on this page?

Prices are aggregated once per day using intraday market data and updated daily after the full day is available.

What does “EU average” mean on this page?

The EU average is calculated from the available daily averages across all listed countries and bidding zones for the selected date.

WattSmart provides transparent and data-driven insights into electricity markets across Europe. By comparing electricity prices by country and region, you can better understand market dynamics, price volatility, and long-term trends shaping Europe’s energy landscape.