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⚡️ Electricity prices 🇪🇸 Spain ⚡️

Today's electricity price in Spain is € 156.59 /MWh (€ 0.1566 /kWh). The day-ahead price for Spain is € 157.24 /MWh.

Spain avg today
€ 0.1566 /kWh
Yesterday
€ 0.1515 /kWh
Last 7 days
€ 0.1244 /kWh
Last 30 days
€ 0.1308 /kWh
€ 183.52€ 99.07€/MWh32,94123,575MW2026-08-252026-09-242026-08-25: € 115.44 /MWh · 28,835 MW2026-08-26: € 110.07 /MWh · 29,417 MW2026-08-27: € 107.92 /MWh · 29,072 MW2026-08-28: € 104.71 /MWh · 28,031 MW2026-08-29: € 101.77 /MWh · 25,113 MW2026-08-30: € 108.66 /MWh · 23,874 MW2026-08-31: € 99.07 /MWh · 28,901 MW2026-09-02: € 159.91 /MWh · 31,296 MW2026-09-03: € 158.83 /MWh · 32,319 MW2026-09-04: € 153.31 /MWh · 32,941 MW2026-09-05: € 138.11 /MWh · 29,347 MW2026-09-06: € 136.71 /MWh · 27,433 MW2026-09-07: € 177.35 /MWh · 32,199 MW2026-09-08: € 153.40 /MWh · 32,703 MW2026-09-09: € 105.60 /MWh · 31,162 MW2026-09-10: € 151.64 /MWh · 28,814 MW2026-09-11: € 162.22 /MWh · 28,602 MW2026-09-12: € 122.21 /MWh · 25,173 MW2026-09-13: € 121.76 /MWh · 24,086 MW2026-09-14: € 183.52 /MWh · 29,289 MW2026-09-15: € 162.93 /MWh · 30,587 MW2026-09-16: € 108.02 /MWh · 29,580 MW2026-09-17: € 119.41 /MWh · 28,435 MW2026-09-18: € 124.78 /MWh · 27,969 MW2026-09-19: € 108.40 /MWh · 25,058 MW2026-09-20: € 112.20 /MWh · 23,575 MW2026-09-21: € 146.53 /MWh · 28,143 MW2026-09-22: € 151.48 /MWh · 29,120 MW2026-09-23: € 156.59 /MWh · 28,984 MW2026-09-24: € 157.24 /MWh · 29,028 MW

Today's electricity price hour by hour

Hourly spot prices for Spain on 2026-09-23. 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€ 196.36€ 0.1964
03:00€ 199.26€ 0.1993
04:00€ 200.44€ 0.2004
05:00€ 198.98€ 0.1990
06:00€ 202.03€ 0.2020
07:00€ 226.32€ 0.2263
08:00€ 228.88€ 0.2289
09:00€ 163.60€ 0.1636
10:00€ 121.45€ 0.1214
11:00€ 69.12€ 0.0691
12:00€ 41.00€ 0.0410
13:00€ 12.95€ 0.0130
14:00€ 40.81€ 0.0408
15:00€ 39.47€ 0.0395
16:00€ 63.86€ 0.0639
17:00€ 106.43€ 0.1064
18:00€ 145.91€ 0.1459
19:00€ 213.71€ 0.2137
20:00€ 251.38€ 0.2514
21:00€ 230.34€ 0.2303
22:00€ 210.19€ 0.2102
23:00€ 196.46€ 0.1965
00:00€ 197.04€ 0.1970
01:00€ 196.43€ 0.1964
⏰ 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
2026-09-24day-ahead29,028▲0%€ 157.24€ 0.1572
2026-09-2328,984▲3%€ 156.59€ 0.1566
2026-09-2229,120▲3%€ 151.48€ 0.1515
2026-09-2128,143▲31%€ 146.53€ 0.1465
2026-09-2023,575▲4%€ 112.20€ 0.1122
2026-09-1925,058▼13%€ 108.40€ 0.1084
2026-09-1827,969▲4%€ 124.78€ 0.1248
2026-09-1728,435▲11%€ 119.41€ 0.1194
2026-09-1629,580▼34%€ 108.02€ 0.1080
2026-09-1530,587▼11%€ 162.93€ 0.1629
2026-09-1429,289▲51%€ 183.52€ 0.1835
2026-09-1324,086▼0%€ 121.76€ 0.1218
2026-09-1225,173▼25%€ 122.21€ 0.1222
2026-09-1128,602▲7%€ 162.22€ 0.1622
2026-09-1028,814▲44%€ 151.64€ 0.1516
2026-09-0931,162▼31%€ 105.60€ 0.1056
2026-09-0832,703▼14%€ 153.40€ 0.1534
2026-09-0732,199▲30%€ 177.35€ 0.1774
2026-09-0627,433▼1%€ 136.71€ 0.1367
2026-09-0529,347▼10%€ 138.11€ 0.1381
2026-09-0432,941▼3%€ 153.31€ 0.1533
2026-09-0332,319▼1%€ 158.83€ 0.1588
2026-09-0231,296€ 159.91€ 0.1599
2026-09-01———
2026-08-3128,901▼9%€ 99.07€ 0.0991
2026-08-3023,874▲7%€ 108.66€ 0.1087
2026-08-2925,113▼3%€ 101.77€ 0.1018
2026-08-2828,031▼3%€ 104.71€ 0.1047
2026-08-2729,072▼2%€ 107.92€ 0.1079
2026-08-2629,417▼5%€ 110.07€ 0.1101
2026-08-2528,835▲34%€ 115.44€ 0.1154

Price comparison — Spain

PeriodAveragevs today
Today€ 0.1566 /kWh—
Yesterday€ 0.1515 /kWh▼ 3%
Last 7 days€ 0.1244 /kWh▼ 21%
Last 30 days€ 0.1308 /kWh▼ 16%
Current month€ 0.1416 /kWh▼ 10%
Previous month€ 0.1172 /kWh▼ 25%
Same month last year€ 0.0608 /kWh▼ 61%

Historical electricity prices

Latest energy news in Spain

FAQ — Spain

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 € 0.1566 /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