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⚡️ Electricity prices 🇵🇹 Portugal ⚡️

Today's electricity price in Portugal is € 144.72 /MWh (€ 0.1447 /kWh).

Portugal avg today
€ 0.1447 /kWh
Yesterday
€ 0.1457 /kWh
Last 7 days
€ 0.1468 /kWh
Last 30 days
€ 0.1299 /kWh
€ 172.07€ 85.10€/MWh6,5974,908MW2026-08-132026-09-112026-08-13: € 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 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 MW

Today's electricity price hour by hour

Hourly spot prices for Portugal on 2026-09-11. 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€ 202.99€ 0.2030
02:00€ 198.61€ 0.1986
03:00€ 197.21€ 0.1972
04:00€ 197.13€ 0.1971
05:00€ 206.10€ 0.2061
06:00€ 224.28€ 0.2243
07:00€ 215.83€ 0.2158
08:00€ 159.45€ 0.1594
09:00€ 63.14€ 0.0631
10:00€ 35.05€ 0.0350
11:00€ 22.46€ 0.0225
12:00€ 14.55€ 0.0145
13:00€ 10.77€ 0.0108
14:00€ 10.01€ 0.0100
15:00€ 19.85€ 0.0199
16:00€ 66.79€ 0.0668
17:00€ 102.53€ 0.1025
18:00€ 196.37€ 0.1964
19:00€ 242.80€ 0.2428
20:00€ 233.93€ 0.2339
21:00€ 213.49€ 0.2135
22:00€ 192.07€ 0.1921
⏰ 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
2026-09-12day-ahead6,072——
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
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

Price comparison — Portugal

PeriodAveragevs today
Today€ 0.1447 /kWh—
Yesterday€ 0.1457 /kWh▲ 1%
Last 7 days€ 0.1468 /kWh▲ 1%
Last 30 days€ 0.1299 /kWh▼ 10%
Current month€ 0.1488 /kWh▲ 3%
Previous month€ 0.1214 /kWh▼ 16%
Same month last year€ 0.0638 /kWh▼ 56%

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 € 0.1447 /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