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⚡️ Electricity prices 🇵🇹 Portugal ⚡️

Today's electricity price in Portugal is € 41.84 /MWh (€ 0.0418 /kWh). The day-ahead price for Portugal is € 41.71 /MWh.

Portugal avg today
€ 0.0418 /kWh
Yesterday
€ 0.0377 /kWh
Last 7 days
€ 0.0451 /kWh
Last 30 days
€ 0.0544 /kWh
€ 86.48€ 19.57€/MWh6,0394,725MW2026-04-172026-05-172026-04-17: € 70.87 /MWh · 5,835 MW2026-04-18: € 46.56 /MWh · 5,112 MW2026-04-19: € 36.22 /MWh · 4,725 MW2026-04-20: € 51.23 /MWh · 5,670 MW2026-04-21: € 45.28 /MWh · 5,998 MW2026-04-22: € 49.03 /MWh · 5,839 MW2026-04-23: € 49.57 /MWh · 5,818 MW2026-04-24: € 72.64 /MWh · 5,806 MW2026-04-25: € 50.79 /MWh · 5,001 MW2026-04-26: € 35.92 /MWh · 4,845 MW2026-04-27: € 46.99 /MWh · 5,748 MW2026-04-28: € 55.76 /MWh · 5,924 MW2026-04-29: € 75.72 /MWh · 6,031 MW2026-04-30: € 64.79 /MWh · 5,945 MW2026-05-01: € 57.99 /MWh · 5,100 MW2026-05-02: € 43.64 /MWh · 5,064 MW2026-05-03: € 48.13 /MWh · 4,961 MW2026-05-05: € 64.34 /MWh · 5,910 MW2026-05-06: € 76.22 /MWh · 5,869 MW2026-05-07: € 86.48 /MWh · 5,874 MW2026-05-08: € 64.68 /MWh · 6,026 MW2026-05-09: € 33.71 /MWh · 5,452 MW2026-05-10: € 19.57 /MWh · 5,054 MW2026-05-11: € 52.66 /MWh · 5,935 MW2026-05-12: € 69.66 /MWh · 6,039 MW2026-05-13: € 48.83 /MWh · 5,976 MW2026-05-14: € 53.34 /MWh · 5,865 MW2026-05-15: € 37.73 /MWh · 5,966 MW2026-05-16: € 41.84 /MWh · 5,162 MW2026-05-17: € 45.78 /MWh · 4,787 MW

Today's electricity price hour by hour

Hourly spot prices for Portugal on 2026-05-16. 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€ 70.92€ 0.0709
02:00€ 70.00€ 0.0700
03:00€ 64.98€ 0.0650
04:00€ 65.23€ 0.0652
05:00€ 68.56€ 0.0686
06:00€ 67.42€ 0.0674
07:00€ 32.78€ 0.0328
08:00€ 0.25€ 0.0003
09:00€ -0.01€ -0.0000
10:00€ 0.01€ 0.0000
11:00€ 0.00€ 0.0000
12:00€ 0.00€ 0.0000
13:00€ -0.45€ -0.0004
14:00€ -0.84€ -0.0008
15:00€ -0.91€ -0.0009
16:00€ -0.29€ -0.0003
17:00€ 0.21€ 0.0002
18:00€ 28.31€ 0.0283
19:00€ 76.10€ 0.0761
20:00€ 101.15€ 0.1012
21:00€ 111.44€ 0.1114
22:00€ 100.66€ 0.1007
23:00€ 94.00€ 0.0940
00:00€ 87.22€ 0.0872
⏰ 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
2026-05-17day-ahead4,787▲9%€ 45.78€ 0.0458
2026-05-165,162▲11%€ 41.84€ 0.0418
2026-05-155,966▼29%€ 37.73€ 0.0377
2026-05-145,865▲9%€ 53.34€ 0.0533
2026-05-135,976▼30%€ 48.83€ 0.0488
2026-05-126,039▲32%€ 69.66€ 0.0697
2026-05-115,935▲169%€ 52.66€ 0.0527
2026-05-105,054▼42%€ 19.57€ 0.0196
2026-05-095,452▼48%€ 33.71€ 0.0337
2026-05-086,026▼25%€ 64.68€ 0.0647
2026-05-075,874▲13%€ 86.48€ 0.0865
2026-05-065,869▲18%€ 76.22€ 0.0762
2026-05-055,910€ 64.34€ 0.0643
2026-05-045,749——
2026-05-034,961▲10%€ 48.13€ 0.0481
2026-05-025,064▼25%€ 43.64€ 0.0436
2026-05-015,100▼10%€ 57.99€ 0.0580
2026-04-305,945▼14%€ 64.79€ 0.0648
2026-04-296,031▲36%€ 75.72€ 0.0757
2026-04-285,924▲19%€ 55.76€ 0.0558
2026-04-275,748▲31%€ 46.99€ 0.0470
2026-04-264,845▼29%€ 35.92€ 0.0359
2026-04-255,001▼29%€ 50.79€ 0.0508
2026-04-245,806▲24%€ 72.64€ 0.0726
2026-04-235,818▼5%€ 49.57€ 0.0496
2026-04-225,839▼9%€ 49.03€ 0.0490
2026-04-215,998▼21%€ 45.28€ 0.0453
2026-04-205,670▲15%€ 51.23€ 0.0512
2026-04-194,725▼32%€ 36.22€ 0.0362
2026-04-185,112▼47%€ 46.56€ 0.0466
2026-04-175,835▼12%€ 70.87€ 0.0709

Price comparison — Portugal

PeriodAveragevs today
Today€ 0.0418 /kWh—
Yesterday€ 0.0377 /kWh▼ 10%
Last 7 days€ 0.0451 /kWh▲ 8%
Last 30 days€ 0.0544 /kWh▲ 30%
Current month€ 0.0533 /kWh▲ 27%
Previous month€ 0.0424 /kWh▲ 1%
Same month last year€ 0.0270 /kWh▼ 36%

Historical electricity prices

Latest energy news in Portugal

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 € 0.0418 /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