1. Home ›
  2. 🇵🇹 Portugal

⚡️ Electricity prices 🇵🇹 Portugal ⚡️

No price data available for Portugal for 2026-09-02 yet.

€ 164.82€ 85.10€/MWh6,2544,908MW2026-08-042026-08-312026-08-04: € 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 MW2026-08-14: € 145.95 /MWh · 6,109 MW2026-08-15: € 116.57 /MWh · 5,395 MW2026-08-16: € 116.08 /MWh · 5,302 MW2026-08-17: € 164.82 /MWh · 6,046 MW2026-08-18: € 151.03 /MWh · 6,248 MW2026-08-19: € 145.88 /MWh · 6,080 MW2026-08-20: € 147.43 /MWh · 6,026 MW2026-08-21: € 113.98 /MWh · 5,742 MW2026-08-22: € 94.57 /MWh · 5,219 MW2026-08-23: € 85.10 /MWh · 5,131 MW2026-08-24: € 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 MW
⏰ 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
2026-09-03day-ahead———
2026-09-02———
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
2026-08-235,131▼10%€ 85.10€ 0.0851
2026-08-225,219▼17%€ 94.57€ 0.0946
2026-08-215,742▼23%€ 113.98€ 0.1140
2026-08-206,026▲1%€ 147.43€ 0.1474
2026-08-196,080▼3%€ 145.88€ 0.1459
2026-08-186,248▼8%€ 151.03€ 0.1510
2026-08-176,046▲42%€ 164.82€ 0.1648
2026-08-165,302▼0%€ 116.08€ 0.1161
2026-08-155,395▼20%€ 116.57€ 0.1166
2026-08-146,109▲1%€ 145.95€ 0.1460
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

Price comparison — Portugal

PeriodAveragevs today
Today——
Yesterday——
Last 7 days€ 0.1061 /kWh—
Last 30 days€ 0.1222 /kWh—
Current month——
Previous month€ 0.1214 /kWh—
Same month last year€ 0.0638 /kWh—

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?
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