⚡️ Electricity prices 🇪🇸 Spain ⚡️

Today's electricity price in Spain is € 15.60 /MWh (€ 0.0156 /kWh).

Spain avg today
€ 0.0156 /kWh
Yesterday
€ 0.0398 /kWh
Last 7 days
€ 0.0520 /kWh
Last 30 days
€ 0.0546 /kWh
€ 86.90€ 15.60€/MWh26,90821,304MW2026-04-252026-05-242026-04-25: € 50.79 /MWh · 22,931 MW2026-04-26: € 35.30 /MWh · 21,400 MW2026-04-27: € 46.99 /MWh · 25,450 MW2026-04-28: € 55.67 /MWh · 26,042 MW2026-04-29: € 75.72 /MWh · 26,407 MW2026-04-30: € 64.39 /MWh · 26,319 MW2026-05-01: € 57.87 /MWh · 21,513 MW2026-05-02: € 43.64 /MWh · 21,588 MW2026-05-03: € 48.13 /MWh · 21,434 MW2026-05-04: € 69.71 /MWh · 25,222 MW2026-05-05: € 64.34 /MWh · 26,126 MW2026-05-06: € 78.02 /MWh · 26,114 MW2026-05-07: € 86.90 /MWh · 26,251 MW2026-05-08: € 64.68 /MWh · 26,362 MW2026-05-09: € 33.80 /MWh · 23,683 MW2026-05-10: € 20.84 /MWh · 21,735 MW2026-05-11: € 52.66 /MWh · 25,471 MW2026-05-12: € 69.23 /MWh · 26,373 MW2026-05-13: € 48.26 /MWh · 26,046 MW2026-05-14: € 53.34 /MWh · 26,040 MW2026-05-15: € 37.73 /MWh · 25,657 MW2026-05-16: € 41.78 /MWh · 22,811 MW2026-05-17: € 45.81 /MWh · 21,304 MW2026-05-18: € 60.72 /MWh · 25,594 MW2026-05-19: € 45.85 /MWh · 26,289 MW2026-05-20: € 55.32 /MWh · 26,516 MW2026-05-21: € 57.75 /MWh · 26,857 MW2026-05-22: € 59.00 /MWh · 26,908 MW2026-05-23: € 39.85 /MWh · 23,812 MW2026-05-24: € 15.60 /MWh · 21,901 MW

Today's electricity price hour by hour

Hourly spot prices for Spain on 2026-05-24. Updated automatically every night at midnight and refreshed again when ENTSO-E publishes new day-ahead data. Times are shown in CEST.

Hour€/MWh€/kWh
02:00€ 27.16€ 0.0272
03:00€ 12.04€ 0.0120
04:00€ 7.11€ 0.0071
05:00€ 19.95€ 0.0200
06:00€ 28.71€ 0.0287
07:00€ 18.88€ 0.0189
08:00€ -0.76€ -0.0008
09:00€ -6.15€ -0.0061
10:00€ -10.28€ -0.0103
11:00€ -14.25€ -0.0143
12:00€ -32.40€ -0.0324
13:00€ -31.83€ -0.0318
14:00€ -28.27€ -0.0283
15:00€ -25.00€ -0.0250
16:00€ -12.05€ -0.0120
17:00€ -11.10€ -0.0111
18:00€ 1.83€ 0.0018
19:00€ 8.04€ 0.0080
20:00€ 53.95€ 0.0539
21:00€ 90.62€ 0.0906
22:00€ 96.84€ 0.0968
23:00€ 74.33€ 0.0743
Cheapest-hour calculator🔌 EV charging cost🌡️ Heat pump savings☀️ Solar payback

Spain runs Europe's third-largest electricity grid behind Germany and France, with renewables providing 56% of generation in 2024 — wind 24%, solar 21%, hydro 11%. Red Eléctrica de España (REE) operates the single ES bidding zone, which is electrically a peninsula: only ~6 GW of interconnection to France crosses the Pyrenees, leaving Spain often price-decoupled from Continental Europe. The Iberian Exception, agreed with the EU in 2022, capped gas-fired generation costs and ended in 2023; spot prices on OMIE now reflect normal EU-wide dynamics.

The country's seven nuclear reactors deliver ~20% of supply but are scheduled for phased shutdown between 2027 and 2035. Spain plans to triple solar capacity by 2030, reaching 76 GW, and add 23 GW of new wind.

The 2025 grid blackout — caused by a southern oscillation — accelerated investment in synchronous condensers and battery storage to stabilize the high-renewables system.

DateMW€/MWh€/kWh
2026-05-25day-ahead25,896
2026-05-2421,90161%€ 15.60€ 0.0156
2026-05-2323,81232%€ 39.85€ 0.0398
2026-05-2226,9082%€ 59.00€ 0.0590
2026-05-2126,8574%€ 57.75€ 0.0578
2026-05-2026,51621%€ 55.32€ 0.0553
2026-05-1926,28924%€ 45.85€ 0.0459
2026-05-1825,59433%€ 60.72€ 0.0607
2026-05-1721,30410%€ 45.81€ 0.0458
2026-05-1622,81111%€ 41.78€ 0.0418
2026-05-1525,65729%€ 37.73€ 0.0377
2026-05-1426,04011%€ 53.34€ 0.0533
2026-05-1326,04630%€ 48.26€ 0.0483
2026-05-1226,37331%€ 69.23€ 0.0692
2026-05-1125,471153%€ 52.66€ 0.0527
2026-05-1021,73538%€ 20.84€ 0.0208
2026-05-0923,68348%€ 33.80€ 0.0338
2026-05-0826,36226%€ 64.68€ 0.0647
2026-05-0726,25111%€ 86.90€ 0.0869
2026-05-0626,11421%€ 78.02€ 0.0780
2026-05-0526,1268%€ 64.34€ 0.0643
2026-05-0425,22245%€ 69.71€ 0.0697
2026-05-0321,43410%€ 48.13€ 0.0481
2026-05-0221,58825%€ 43.64€ 0.0436
2026-05-0121,51322%€ 57.87€ 0.0579
2026-04-3026,31915%€ 64.39€ 0.0644
2026-04-2926,40724%€ 75.72€ 0.0757
2026-04-2826,04234%€ 55.67€ 0.0557
2026-04-2725,45024%€ 46.99€ 0.0470
2026-04-2621,40037%€ 35.30€ 0.0353
2026-04-2522,93138%€ 50.79€ 0.0508

Price comparisonSpain

PeriodAveragevs today
Today€ 0.0156 /kWh
Yesterday€ 0.0398 /kWh 155%
Last 7 days€ 0.0520 /kWh 234%
Last 30 days€ 0.0546 /kWh 250%
Current month€ 0.0521 /kWh 234%
Previous month€ 0.0424 /kWh 172%
Same month last year€ 0.0183 /kWh 17%

Historical electricity prices

Latest energy news in Spain

FAQSpain

How is the electricity price determined?
Day-ahead prices in Spain are auctioned each morning around 13:00 CEST 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 Spain is € 0.0156 /kWh. Cheapest hours typically fall between 00:00–04:00 CEST 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 Spain 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 Spain appear on this page automatically once Nord Pool / EPEX closes the auction around 13:00 CEST each day.

Compare with neighbouring countries

Electricity prices in cities in Spain