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⚡️ Electricity prices 🇵🇹 Portugal ⚡️

No price data available for Portugal for 2026-05-04 yet.

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€ 75.72€ 10.44€/MWh6,2664,374MW2026-04-052026-05-032026-04-05: € 23.15 /MWh · 4,374 MW2026-04-06: € 19.39 /MWh · 5,216 MW2026-04-07: € 32.08 /MWh · 6,170 MW2026-04-08: € 62.01 /MWh · 6,266 MW2026-04-09: € 52.27 /MWh · 6,113 MW2026-04-10: € 44.39 /MWh · 5,997 MW2026-04-11: € 28.91 /MWh · 5,377 MW2026-04-12: € 10.44 /MWh · 5,071 MW2026-04-13: € 23.88 /MWh · 6,204 MW2026-04-14: € 47.41 /MWh · 6,266 MW2026-04-15: € 60.55 /MWh · 6,133 MW2026-04-16: € 69.65 /MWh · 5,958 MW2026-04-17: € 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 MW

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
2026-05-05day-ahead5,921——
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
2026-04-165,958▲7%€ 69.65€ 0.0696
2026-04-156,133▲12%€ 60.55€ 0.0605
2026-04-146,266▲97%€ 47.41€ 0.0474
2026-04-136,204▲76%€ 23.88€ 0.0239
2026-04-125,071▼70%€ 10.44€ 0.0104
2026-04-115,377▼46%€ 28.91€ 0.0289
2026-04-105,997▼23%€ 44.39€ 0.0444
2026-04-096,113▼21%€ 52.27€ 0.0523
2026-04-086,266▲64%€ 62.01€ 0.0620
2026-04-076,170▲29%€ 32.08€ 0.0321
2026-04-065,216▼23%€ 19.39€ 0.0194
2026-04-054,374▼7%€ 23.15€ 0.0231

Price comparison — Portugal

PeriodAveragevs today
Today——
Yesterday€ 0.0481 /kWh—
Last 7 days€ 0.0561 /kWh—
Last 30 days€ 0.0465 /kWh—
Current month€ 0.0499 /kWh—
Previous month€ 0.0424 /kWh—
Same month last year€ 0.0270 /kWh—

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?
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