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⚡️ Electricity prices 🇵🇹 Portugal ⚡️

Today's electricity price in Portugal is € 47.32 /MWh (€ 0.0473 /kWh). The day-ahead price for Portugal is € 48.85 /MWh.

Portugal avg today
€ 0.0473 /kWh
Yesterday
€ 0.0468 /kWh
Last 7 days
€ 0.0724 /kWh
Last 30 days
€ 0.0697 /kWh
€ 112.42€ 29.70€/MWh6,9704,816MW2026-06-042026-07-042026-06-04: € 55.62 /MWh · 5,256 MW2026-06-05: € 57.80 /MWh · 5,400 MW2026-06-06: € 55.70 /MWh · 5,219 MW2026-06-07: € 52.44 /MWh · 4,816 MW2026-06-08: € 58.08 /MWh · 5,746 MW2026-06-09: € 51.12 /MWh · 5,855 MW2026-06-10: € 38.96 /MWh · 5,080 MW2026-06-11: € 35.16 /MWh · 5,935 MW2026-06-12: € 29.70 /MWh · 6,323 MW2026-06-13: € 45.62 /MWh · 5,613 MW2026-06-14: € 60.69 /MWh · 5,251 MW2026-06-15: € 87.75 /MWh · 6,073 MW2026-06-16: € 98.30 /MWh · 6,170 MW2026-06-17: € 98.70 /MWh · 6,320 MW2026-06-18: € 96.58 /MWh · 6,326 MW2026-06-19: € 94.01 /MWh · 6,266 MW2026-06-20: € 67.02 /MWh · 6,170 MW2026-06-21: € 56.81 /MWh · 5,327 MW2026-06-22: € 99.89 /MWh · 6,321 MW2026-06-23: € 112.42 /MWh · 6,536 MW2026-06-24: € 95.57 /MWh · 6,109 MW2026-06-25: € 79.56 /MWh · 6,346 MW2026-06-26: € 87.50 /MWh · 6,254 MW2026-06-27: € 70.19 /MWh · 5,483 MW2026-06-28: € 66.46 /MWh · 5,080 MW2026-06-29: € 83.51 /MWh · 6,130 MW2026-06-30: € 95.35 /MWh · 6,447 MW2026-07-01: € 56.81 /MWh · 6,561 MW2026-07-02: € 46.79 /MWh · 6,795 MW2026-07-03: € 47.32 /MWh · 6,970 MW2026-07-04: € 48.85 /MWh · 6,231 MW

Today's electricity price hour by hour

Hourly spot prices for Portugal on 2026-07-03. Updated automatically every night at midnight and refreshed again when ENTSO-E publishes new day-ahead data. Times are shown in WEST.

Hour€/MWh€/kWh
01:00€ 74.38€ 0.0744
02:00€ 73.76€ 0.0738
03:00€ 73.30€ 0.0733
04:00€ 74.85€ 0.0748
05:00€ 86.80€ 0.0868
06:00€ 78.39€ 0.0784
07:00€ 33.21€ 0.0332
08:00€ 0.16€ 0.0002
09:00€ 0.00€ 0.0000
10:00€ 0.00€ 0.0000
11:00€ -0.01€ -0.0000
12:00€ -0.11€ -0.0001
13:00€ -0.11€ -0.0001
14:00€ -0.02€ -0.0000
15:00€ 0.00€ 0.0000
16:00€ 0.17€ 0.0002
17:00€ 0.52€ 0.0005
18:00€ 21.55€ 0.0216
19:00€ 90.56€ 0.0906
20:00€ 122.06€ 0.1221
21:00€ 125.07€ 0.1251
22:00€ 115.12€ 0.1151
23:00€ 119.10€ 0.1191
00:00€ 105.31€ 0.1053
⏰ Cheapest-hour calculator →🔌 EV charging cost →🌡️ Heat pump savings →☀️ Solar payback →

Portugal generates one of the highest renewable shares in the EU: in 2024 wind, solar, hydro and biomass together delivered over 70% of national electricity. REN, the national TSO, operates the PT bidding zone within the MIBEL Iberian market, electrically coupled to Spain via 3.7 GW of cross-border capacity. The country was the first in the EU to retire all coal — Sines and Pego closed in November 2021 — making the system gas + renewables only.

Hydro accounted for 26% of generation in a wet 2024, but Portugal's reservoirs vary widely with rainfall (15–35% range). Solar capacity surpassed 5 GW in 2025, driven by large utility-scale projects in the Alentejo plains; the country plans a 9 GW solar auction by 2030.

The 1 100 MW Tâmega pumped-storage complex commissioned 2022–2024 is among Europe's largest, providing critical flexibility for the high-renewables grid. Day-ahead clearing on OMIE.

DateMW€/MWh€/kWh
2026-07-04day-ahead6,231▲3%€ 48.85€ 0.0489
2026-07-036,970▲1%€ 47.32€ 0.0473
2026-07-026,795▼18%€ 46.79€ 0.0468
2026-07-016,561▼40%€ 56.81€ 0.0568
2026-06-306,447▲14%€ 95.35€ 0.0954
2026-06-296,130▲26%€ 83.51€ 0.0835
2026-06-285,080▼5%€ 66.46€ 0.0665
2026-06-275,483▼20%€ 70.19€ 0.0702
2026-06-266,254▲10%€ 87.50€ 0.0875
2026-06-256,346▼17%€ 79.56€ 0.0796
2026-06-246,109▼15%€ 95.57€ 0.0956
2026-06-236,536▲13%€ 112.42€ 0.1124
2026-06-226,321▲76%€ 99.89€ 0.0999
2026-06-215,327▼15%€ 56.81€ 0.0568
2026-06-206,170▼29%€ 67.02€ 0.0670
2026-06-196,266▼3%€ 94.01€ 0.0940
2026-06-186,326▼2%€ 96.58€ 0.0966
2026-06-176,320▲0%€ 98.70€ 0.0987
2026-06-166,170▲12%€ 98.30€ 0.0983
2026-06-156,073▲45%€ 87.75€ 0.0878
2026-06-145,251▲33%€ 60.69€ 0.0607
2026-06-135,613▲54%€ 45.62€ 0.0456
2026-06-126,323▼16%€ 29.70€ 0.0297
2026-06-115,935▼10%€ 35.16€ 0.0352
2026-06-105,080▼24%€ 38.96€ 0.0390
2026-06-095,855▼12%€ 51.12€ 0.0511
2026-06-085,746▲11%€ 58.08€ 0.0581
2026-06-074,816▼6%€ 52.44€ 0.0524
2026-06-065,219▼4%€ 55.70€ 0.0557
2026-06-055,400▲4%€ 57.80€ 0.0578
2026-06-045,256▼1%€ 55.62€ 0.0556

Price comparison — Portugal

PeriodAveragevs today
Today€ 0.0473 /kWh—
Yesterday€ 0.0468 /kWh▼ 1%
Last 7 days€ 0.0724 /kWh▲ 53%
Last 30 days€ 0.0697 /kWh▲ 47%
Current month€ 0.0503 /kWh▲ 6%
Previous month€ 0.0702 /kWh▲ 48%
Same month last year€ 0.0724 /kWh▲ 53%

Historical electricity prices

FAQ — Portugal

How is the electricity price determined?
Day-ahead prices in Portugal are auctioned each morning around 12:00 WEST on Nord Pool / EPEX. The cheapest mix of generation that meets demand wins; that price applies for the next 24 hours.
When is electricity cheapest?
Today's average wholesale price in Portugal is € 0.0473 /kWh. Cheapest hours typically fall between 00:00–04:00 WEST and around midday on sunny / windy days.
Why is my electricity bill higher than the spot price?
The wholesale spot price you see here is one component. Your retail bill in Portugal also adds electricity tax, grid fees, VAT and a supplier markup — total roughly 30–60 % above wholesale.
How accurate is this data?
Source: ENTSO-E Transparency Platform, the EU regulator's data feed. Updated every 10–20 minutes.
Are tomorrow's prices already known?
Tomorrow's day-ahead prices for Portugal appear on this page automatically once Nord Pool / EPEX closes the auction around 12:00 WEST each day.

Compare with neighbouring countries

Electricity prices in cities in Portugal