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⚡️ Electricity prices 🇵🇹 Portugal ⚡️

Today's electricity price in Portugal is € 156.98 /MWh (€ 0.1570 /kWh). The day-ahead price for Portugal is € 160.28 /MWh.

Portugal avg today
€ 0.1570 /kWh
Yesterday
€ 0.1388 /kWh
Last 7 days
€ 0.1268 /kWh
Last 30 days
€ 0.1286 /kWh
€ 177.48€ 95.03€/MWh6,6804,908MW2026-08-242026-09-232026-08-24: € 95.03 /MWh · 5,818 MW2026-08-25: € 120.35 /MWh · 5,899 MW2026-08-26: € 110.86 /MWh · 5,915 MW2026-08-27: € 110.84 /MWh · 5,779 MW2026-08-28: € 103.78 /MWh · 5,734 MW2026-08-29: € 103.37 /MWh · 5,099 MW2026-08-30: € 100.98 /MWh · 4,908 MW2026-08-31: € 106.53 /MWh · 5,222 MW2026-09-02: € 159.91 /MWh · 6,049 MW2026-09-03: € 156.54 /MWh · 6,347 MW2026-09-04: € 170.36 /MWh · 6,597 MW2026-09-05: € 138.11 /MWh · 5,775 MW2026-09-06: € 140.01 /MWh · 5,413 MW2026-09-07: € 172.07 /MWh · 6,307 MW2026-09-08: € 151.73 /MWh · 6,330 MW2026-09-09: € 109.37 /MWh · 6,218 MW2026-09-10: € 145.69 /MWh · 6,147 MW2026-09-11: € 144.72 /MWh · 6,214 MW2026-09-12: € 118.28 /MWh · 5,624 MW2026-09-13: € 121.39 /MWh · 5,376 MW2026-09-14: € 177.48 /MWh · 6,416 MW2026-09-15: € 167.38 /MWh · 6,521 MW2026-09-16: € 104.64 /MWh · 6,368 MW2026-09-17: € 127.68 /MWh · 6,272 MW2026-09-18: € 126.25 /MWh · 6,215 MW2026-09-19: € 110.35 /MWh · 5,558 MW2026-09-20: € 112.75 /MWh · 5,316 MW2026-09-21: € 138.77 /MWh · 6,391 MW2026-09-22: € 156.98 /MWh · 6,638 MW2026-09-23: € 160.28 /MWh · 6,680 MW

Today's electricity price hour by hour

Hourly spot prices for Portugal on 2026-09-22. 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€ 192.56€ 0.1926
02:00€ 189.00€ 0.1890
03:00€ 190.00€ 0.1900
04:00€ 189.88€ 0.1899
05:00€ 203.22€ 0.2032
06:00€ 234.17€ 0.2342
07:00€ 249.02€ 0.2490
08:00€ 169.80€ 0.1698
09:00€ 85.18€ 0.0852
10:00€ 39.16€ 0.0392
11:00€ 22.09€ 0.0221
12:00€ 10.02€ 0.0100
13:00€ 17.35€ 0.0174
14:00€ 23.79€ 0.0238
15:00€ 49.00€ 0.0490
16:00€ 105.65€ 0.1056
17:00€ 161.80€ 0.1618
18:00€ 251.71€ 0.2517
19:00€ 282.43€ 0.2824
20:00€ 262.49€ 0.2625
21:00€ 235.35€ 0.2354
22:00€ 212.48€ 0.2125
23:00€ 204.61€ 0.2046
00:00€ 201.86€ 0.2019
⏰ 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
2026-09-23day-ahead6,680▲2%€ 160.28€ 0.1603
2026-09-226,638▲13%€ 156.98€ 0.1570
2026-09-216,391▲23%€ 138.77€ 0.1388
2026-09-205,316▲2%€ 112.75€ 0.1128
2026-09-195,558▼13%€ 110.35€ 0.1103
2026-09-186,215▼1%€ 126.25€ 0.1262
2026-09-176,272▲22%€ 127.68€ 0.1277
2026-09-166,368▼37%€ 104.64€ 0.1046
2026-09-156,521▼6%€ 167.38€ 0.1674
2026-09-146,416▲46%€ 177.48€ 0.1775
2026-09-135,376▲3%€ 121.39€ 0.1214
2026-09-125,624▼18%€ 118.28€ 0.1183
2026-09-116,214▼1%€ 144.72€ 0.1447
2026-09-106,147▲33%€ 145.69€ 0.1457
2026-09-096,218▼28%€ 109.37€ 0.1094
2026-09-086,330▼12%€ 151.73€ 0.1517
2026-09-076,307▲23%€ 172.07€ 0.1721
2026-09-065,413▲1%€ 140.01€ 0.1400
2026-09-055,775▼19%€ 138.11€ 0.1381
2026-09-046,597▲9%€ 170.36€ 0.1704
2026-09-036,347▼2%€ 156.54€ 0.1565
2026-09-026,049€ 159.91€ 0.1599
2026-09-01———
2026-08-315,222▲6%€ 106.53€ 0.1065
2026-08-304,908▼2%€ 100.98€ 0.1010
2026-08-295,099▼0%€ 103.37€ 0.1034
2026-08-285,734▼6%€ 103.78€ 0.1038
2026-08-275,779▼0%€ 110.84€ 0.1108
2026-08-265,915▼8%€ 110.86€ 0.1109
2026-08-255,899▲27%€ 120.35€ 0.1203
2026-08-245,818▲12%€ 95.03€ 0.0950

Price comparison — Portugal

PeriodAveragevs today
Today€ 0.1570 /kWh—
Yesterday€ 0.1388 /kWh▼ 12%
Last 7 days€ 0.1268 /kWh▼ 19%
Last 30 days€ 0.1286 /kWh▼ 18%
Current month€ 0.1405 /kWh▼ 10%
Previous month€ 0.1214 /kWh▼ 23%
Same month last year€ 0.0638 /kWh▼ 59%

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 € 0.1570 /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