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⚡️ Electricity prices 🇵🇹 Portugal ⚡️

Today's electricity price in Portugal is € 144.10 /MWh (€ 0.1441 /kWh). The day-ahead price for Portugal is € 112.43 /MWh.

Portugal avg today
€ 0.1441 /kWh
Yesterday
€ 0.1503 /kWh
Last 7 days
€ 0.1246 /kWh
Last 30 days
€ 0.0990 /kWh
€ 150.32€ 46.79€/MWh6,9705,080MW2026-06-242026-07-242026-06-24: € 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 MW2026-07-05: € 63.81 /MWh · 5,872 MW2026-07-06: € 112.87 /MWh · 6,840 MW2026-07-07: € 117.82 /MWh · 6,868 MW2026-07-08: € 123.12 /MWh · 6,652 MW2026-07-09: € 119.74 /MWh · 6,491 MW2026-07-10: € 120.24 /MWh · 6,317 MW2026-07-11: € 87.66 /MWh · 5,535 MW2026-07-12: € 72.30 /MWh · 5,158 MW2026-07-13: € 126.22 /MWh · 6,113 MW2026-07-14: € 124.08 /MWh · 6,211 MW2026-07-15: € 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 MW

Today's electricity price hour by hour

Hourly spot prices for Portugal on 2026-07-23. 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€ 174.61€ 0.1746
02:00€ 174.00€ 0.1740
03:00€ 174.01€ 0.1740
04:00€ 174.25€ 0.1743
05:00€ 174.42€ 0.1744
06:00€ 174.05€ 0.1740
07:00€ 163.83€ 0.1638
08:00€ 133.41€ 0.1334
09:00€ 103.88€ 0.1039
10:00€ 94.74€ 0.0947
11:00€ 93.76€ 0.0938
12:00€ 91.14€ 0.0911
13:00€ 87.54€ 0.0875
14:00€ 38.52€ 0.0385
15:00€ 38.88€ 0.0389
16:00€ 75.58€ 0.0756
17:00€ 110.49€ 0.1105
18:00€ 154.73€ 0.1547
19:00€ 181.99€ 0.1820
20:00€ 255.16€ 0.2552
21:00€ 231.73€ 0.2317
22:00€ 193.84€ 0.1938
23:00€ 183.38€ 0.1834
00:00€ 180.75€ 0.1808
⏰ 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
2026-07-24day-ahead6,322▼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
2026-07-146,211▼2%€ 124.08€ 0.1241
2026-07-136,113▲75%€ 126.22€ 0.1262
2026-07-125,158▼18%€ 72.30€ 0.0723
2026-07-115,535▼27%€ 87.66€ 0.0877
2026-07-106,317▲0%€ 120.24€ 0.1202
2026-07-096,491▼3%€ 119.74€ 0.1197
2026-07-086,652▲5%€ 123.12€ 0.1231
2026-07-076,868▲4%€ 117.82€ 0.1178
2026-07-066,840▲77%€ 112.87€ 0.1129
2026-07-055,872▲31%€ 63.81€ 0.0638
2026-07-046,231▲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

Price comparison — Portugal

PeriodAveragevs today
Today€ 0.1441 /kWh—
Yesterday€ 0.1503 /kWh▲ 4%
Last 7 days€ 0.1246 /kWh▼ 14%
Last 30 days€ 0.0990 /kWh▼ 31%
Current month€ 0.1053 /kWh▼ 27%
Previous month€ 0.0702 /kWh▼ 51%
Same month last year€ 0.0724 /kWh▼ 50%

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 € 0.1441 /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