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⚡️ Electricity prices 🇵🇹 Portugal ⚡️

Today's electricity price in Portugal is € 144.16 /MWh (€ 0.1442 /kWh).

Portugal avg today
€ 0.1442 /kWh
Yesterday
€ 0.1451 /kWh
Last 7 days
€ 0.1212 /kWh
Last 30 days
€ 0.1219 /kWh
€ 151.87€ 69.37€/MWh6,5705,065MW2026-07-152026-08-132026-07-15: € 138.11 /MWh · 6,249 MW2026-07-16: € 135.27 /MWh · 6,331 MW2026-07-17: € 137.53 /MWh · 6,265 MW2026-07-18: € 90.75 /MWh · 5,442 MW2026-07-19: € 90.98 /MWh · 5,102 MW2026-07-20: € 131.36 /MWh · 6,080 MW2026-07-21: € 136.24 /MWh · 6,254 MW2026-07-22: € 150.32 /MWh · 6,302 MW2026-07-23: € 144.10 /MWh · 6,325 MW2026-07-24: € 112.43 /MWh · 6,322 MW2026-07-25: € 82.06 /MWh · 5,481 MW2026-07-26: € 69.37 /MWh · 5,065 MW2026-07-27: € 107.93 /MWh · 6,267 MW2026-07-28: € 127.06 /MWh · 6,570 MW2026-07-29: € 124.17 /MWh · 6,479 MW2026-07-30: € 131.01 /MWh · 6,348 MW2026-07-31: € 140.01 /MWh · 6,280 MW2026-08-01: € 111.68 /MWh · 5,632 MW2026-08-02: € 106.20 /MWh · 5,274 MW2026-08-03: € 151.87 /MWh · 6,121 MW2026-08-04: € 146.37 /MWh · 6,254 MW2026-08-05: € 120.18 /MWh · 6,196 MW2026-08-06: € 109.51 /MWh · 6,176 MW2026-08-07: € 119.03 /MWh · 6,211 MW2026-08-08: € 108.70 /MWh · 5,681 MW2026-08-09: € 94.43 /MWh · 5,339 MW2026-08-10: € 130.74 /MWh · 5,904 MW2026-08-11: € 141.19 /MWh · 6,032 MW2026-08-12: € 145.10 /MWh · 6,043 MW2026-08-13: € 144.16 /MWh · 6,093 MW

Today's electricity price hour by hour

Hourly spot prices for Portugal on 2026-08-13. 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€ 184.20€ 0.1842
02:00€ 182.38€ 0.1824
03:00€ 183.64€ 0.1836
04:00€ 172.85€ 0.1728
05:00€ 186.79€ 0.1868
06:00€ 191.77€ 0.1918
07:00€ 179.81€ 0.1798
08:00€ 146.44€ 0.1464
09:00€ 114.98€ 0.1150
10:00€ 90.44€ 0.0904
11:00€ 59.50€ 0.0595
12:00€ 40.01€ 0.0400
13:00€ 38.88€ 0.0389
14:00€ 39.08€ 0.0391
15:00€ 63.46€ 0.0635
16:00€ 94.82€ 0.0948
17:00€ 113.80€ 0.1138
18:00€ 158.62€ 0.1586
19:00€ 209.18€ 0.2092
20:00€ 244.03€ 0.2440
21:00€ 213.48€ 0.2135
22:00€ 188.43€ 0.1884
⏰ 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
2026-08-14day-ahead6,111——
2026-08-136,093▼1%€ 144.16€ 0.1442
2026-08-126,043▲3%€ 145.10€ 0.1451
2026-08-116,032▲8%€ 141.19€ 0.1412
2026-08-105,904▲38%€ 130.74€ 0.1307
2026-08-095,339▼13%€ 94.43€ 0.0944
2026-08-085,681▼9%€ 108.70€ 0.1087
2026-08-076,211▲9%€ 119.03€ 0.1190
2026-08-066,176▼9%€ 109.51€ 0.1095
2026-08-056,196▼18%€ 120.18€ 0.1202
2026-08-046,254▼4%€ 146.37€ 0.1464
2026-08-036,121▲43%€ 151.87€ 0.1519
2026-08-025,274▼5%€ 106.20€ 0.1062
2026-08-015,632▼20%€ 111.68€ 0.1117
2026-07-316,280▲7%€ 140.01€ 0.1400
2026-07-306,348▲6%€ 131.01€ 0.1310
2026-07-296,479▼2%€ 124.17€ 0.1242
2026-07-286,570▲18%€ 127.06€ 0.1271
2026-07-276,267▲56%€ 107.93€ 0.1079
2026-07-265,065▼15%€ 69.37€ 0.0694
2026-07-255,481▼27%€ 82.06€ 0.0821
2026-07-246,322▼22%€ 112.43€ 0.1124
2026-07-236,325▼4%€ 144.10€ 0.1441
2026-07-226,302▲10%€ 150.32€ 0.1503
2026-07-216,254▲4%€ 136.24€ 0.1362
2026-07-206,080▲44%€ 131.36€ 0.1314
2026-07-195,102▲0%€ 90.98€ 0.0910
2026-07-185,442▼34%€ 90.75€ 0.0907
2026-07-176,265▲2%€ 137.53€ 0.1375
2026-07-166,331▼2%€ 135.27€ 0.1353
2026-07-156,249▲11%€ 138.11€ 0.1381

Price comparison — Portugal

PeriodAveragevs today
Today€ 0.1442 /kWh—
Yesterday€ 0.1451 /kWh▲ 1%
Last 7 days€ 0.1212 /kWh▼ 16%
Last 30 days€ 0.1219 /kWh▼ 15%
Current month€ 0.1253 /kWh▼ 13%
Previous month€ 0.1070 /kWh▼ 26%
Same month last year€ 0.0706 /kWh▼ 51%

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 € 0.1442 /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