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⚡️ Electricity prices 🇵🇹 Portugal ⚡️

Today's electricity price in Portugal is € 45.62 /MWh (€ 0.0456 /kWh). The day-ahead price for Portugal is € 60.69 /MWh.

Portugal avg today
€ 0.0456 /kWh
Yesterday
€ 0.0297 /kWh
Last 7 days
€ 0.0459 /kWh
Last 30 days
€ 0.0520 /kWh
€ 79.59€ 26.32€/MWh6,3234,787MW2026-05-152026-06-142026-05-15: € 37.73 /MWh · 5,966 MW2026-05-16: € 41.84 /MWh · 5,162 MW2026-05-17: € 45.78 /MWh · 4,787 MW2026-05-18: € 60.72 /MWh · 5,715 MW2026-05-20: € 56.26 /MWh · 5,868 MW2026-05-21: € 57.83 /MWh · 5,983 MW2026-05-22: € 56.14 /MWh · 6,110 MW2026-05-23: € 36.57 /MWh · 5,438 MW2026-05-24: € 26.32 /MWh · 5,009 MW2026-05-25: € 31.72 /MWh · 5,933 MW2026-05-26: € 60.39 /MWh · 6,186 MW2026-05-27: € 71.44 /MWh · 6,216 MW2026-05-28: € 74.98 /MWh · 6,211 MW2026-05-29: € 79.59 /MWh · 6,232 MW2026-05-30: € 62.32 /MWh · 5,392 MW2026-05-31: € 44.49 /MWh · 4,923 MW2026-06-01: € 69.68 /MWh · 5,904 MW2026-06-02: € 51.08 /MWh · 6,086 MW2026-06-03: € 56.16 /MWh · 6,080 MW2026-06-04: € 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 MW

Today's electricity price hour by hour

Hourly spot prices for Portugal on 2026-06-13. 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€ 69.41€ 0.0694
02:00€ 53.89€ 0.0539
03:00€ 52.17€ 0.0522
04:00€ 64.65€ 0.0647
05:00€ 89.30€ 0.0893
06:00€ 68.72€ 0.0687
07:00€ 13.55€ 0.0135
08:00€ -0.13€ -0.0001
09:00€ -0.49€ -0.0005
10:00€ 0.00€ 0.0000
11:00€ 0.00€ 0.0000
12:00€ -0.49€ -0.0005
13:00€ -0.49€ -0.0005
14:00€ -1.00€ -0.0010
15:00€ -0.62€ -0.0006
16:00€ -0.41€ -0.0004
17:00€ 1.93€ 0.0019
18:00€ 33.84€ 0.0338
19:00€ 85.76€ 0.0858
20:00€ 123.87€ 0.1239
21:00€ 128.55€ 0.1286
22:00€ 117.77€ 0.1178
23:00€ 119.45€ 0.1194
00:00€ 111.91€ 0.1119
⏰ 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
2026-06-14day-ahead5,251▲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
2026-06-036,080▲10%€ 56.16€ 0.0562
2026-06-026,086▼27%€ 51.08€ 0.0511
2026-06-015,904▲57%€ 69.68€ 0.0697
2026-05-314,923▼29%€ 44.49€ 0.0445
2026-05-305,392▼22%€ 62.32€ 0.0623
2026-05-296,232▲6%€ 79.59€ 0.0796
2026-05-286,211▲5%€ 74.98€ 0.0750
2026-05-276,216▲18%€ 71.44€ 0.0714
2026-05-266,186▲90%€ 60.39€ 0.0604
2026-05-255,933▲21%€ 31.72€ 0.0317
2026-05-245,009▼28%€ 26.32€ 0.0263
2026-05-235,438▼35%€ 36.57€ 0.0366
2026-05-226,110▼3%€ 56.14€ 0.0561
2026-05-215,983▲3%€ 57.83€ 0.0578
2026-05-205,868€ 56.26€ 0.0563
2026-05-196,059——
2026-05-185,715▲33%€ 60.72€ 0.0607
2026-05-174,787▲9%€ 45.78€ 0.0458
2026-05-165,162▲11%€ 41.84€ 0.0418
2026-05-155,966▼29%€ 37.73€ 0.0377

Price comparison — Portugal

PeriodAveragevs today
Today€ 0.0456 /kWh—
Yesterday€ 0.0297 /kWh▼ 35%
Last 7 days€ 0.0459 /kWh▲ 1%
Last 30 days€ 0.0520 /kWh▲ 14%
Current month€ 0.0505 /kWh▲ 11%
Previous month€ 0.0539 /kWh▲ 18%
Same month last year€ 0.0762 /kWh▲ 67%

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 € 0.0456 /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