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⚡️ Electricity prices 🇪🇸 Spain ⚡️

Today's electricity price in Spain is € 128.70 /MWh (€ 0.1287 /kWh).

Spain avg today
€ 0.1287 /kWh
Yesterday
€ 0.1215 /kWh
Last 7 days
€ 0.1218 /kWh
Last 30 days
€ 0.0941 /kWh
€ 148.09€ 44.34€/MWh34,02426,214MW2026-06-222026-07-212026-06-22: € 101.31 /MWh · 32,375 MW2026-06-23: € 112.77 /MWh · 32,982 MW2026-06-24: € 93.93 /MWh · 30,604 MW2026-06-25: € 79.78 /MWh · 31,840 MW2026-06-26: € 95.22 /MWh · 31,192 MW2026-06-27: € 70.19 /MWh · 27,901 MW2026-06-28: € 71.10 /MWh · 26,246 MW2026-06-29: € 92.84 /MWh · 30,712 MW2026-06-30: € 101.22 /MWh · 32,302 MW2026-07-01: € 57.87 /MWh · 32,487 MW2026-07-02: € 44.34 /MWh · 31,659 MW2026-07-03: € 48.06 /MWh · 31,479 MW2026-07-04: € 49.08 /MWh · 28,087 MW2026-07-05: € 62.63 /MWh · 26,781 MW2026-07-06: € 100.15 /MWh · 32,528 MW2026-07-07: € 115.13 /MWh · 33,996 MW2026-07-08: € 106.58 /MWh · 33,592 MW2026-07-09: € 116.41 /MWh · 34,024 MW2026-07-10: € 119.56 /MWh · 32,747 MW2026-07-11: € 83.23 /MWh · 28,402 MW2026-07-12: € 70.21 /MWh · 26,214 MW2026-07-13: € 125.33 /MWh · 30,865 MW2026-07-14: € 126.36 /MWh · 32,806 MW2026-07-15: € 148.09 /MWh · 33,337 MW2026-07-16: € 135.27 /MWh · 33,400 MW2026-07-17: € 143.01 /MWh · 33,095 MW2026-07-18: € 89.18 /MWh · 29,365 MW2026-07-19: € 89.03 /MWh · 27,159 MW2026-07-20: € 121.46 /MWh · 32,446 MW2026-07-21: € 128.70 /MWh · 33,814 MW

Today's electricity price hour by hour

Hourly spot prices for Spain on 2026-07-21. 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€ 149.43€ 0.1494
03:00€ 150.39€ 0.1504
04:00€ 149.50€ 0.1495
05:00€ 152.24€ 0.1522
06:00€ 152.84€ 0.1528
07:00€ 161.72€ 0.1617
08:00€ 153.26€ 0.1533
09:00€ 127.59€ 0.1276
10:00€ 102.55€ 0.1026
11:00€ 84.75€ 0.0848
12:00€ 75.98€ 0.0760
13:00€ 83.68€ 0.0837
14:00€ 79.91€ 0.0799
15:00€ 63.04€ 0.0630
16:00€ 66.30€ 0.0663
17:00€ 85.61€ 0.0856
18:00€ 113.40€ 0.1134
19:00€ 149.31€ 0.1493
20:00€ 165.95€ 0.1660
21:00€ 177.13€ 0.1771
22:00€ 173.32€ 0.1733
23:00€ 159.65€ 0.1597
⏰ 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
2026-07-22day-ahead———
2026-07-2133,814▲6%€ 128.70€ 0.1287
2026-07-2032,446▲36%€ 121.46€ 0.1215
2026-07-1927,159▼0%€ 89.03€ 0.0890
2026-07-1829,365▼38%€ 89.18€ 0.0892
2026-07-1733,095▲6%€ 143.01€ 0.1430
2026-07-1633,400▼9%€ 135.27€ 0.1353
2026-07-1533,337▲17%€ 148.09€ 0.1481
2026-07-1432,806▲1%€ 126.36€ 0.1264
2026-07-1330,865▲79%€ 125.33€ 0.1253
2026-07-1226,214▼16%€ 70.21€ 0.0702
2026-07-1128,402▼30%€ 83.23€ 0.0832
2026-07-1032,747▲3%€ 119.56€ 0.1196
2026-07-0934,024▲9%€ 116.41€ 0.1164
2026-07-0833,592▼7%€ 106.58€ 0.1066
2026-07-0733,996▲15%€ 115.13€ 0.1151
2026-07-0632,528▲60%€ 100.15€ 0.1002
2026-07-0526,781▲28%€ 62.63€ 0.0626
2026-07-0428,087▲2%€ 49.08€ 0.0491
2026-07-0331,479▲8%€ 48.06€ 0.0481
2026-07-0231,659▼23%€ 44.34€ 0.0443
2026-07-0132,487▼43%€ 57.87€ 0.0579
2026-06-3032,302▲9%€ 101.22€ 0.1012
2026-06-2930,712▲31%€ 92.84€ 0.0928
2026-06-2826,246▲1%€ 71.10€ 0.0711
2026-06-2727,901▼26%€ 70.19€ 0.0702
2026-06-2631,192▲19%€ 95.22€ 0.0952
2026-06-2531,840▼15%€ 79.78€ 0.0798
2026-06-2430,604▼17%€ 93.93€ 0.0939
2026-06-2332,982▲11%€ 112.77€ 0.1128
2026-06-2232,375▲86%€ 101.31€ 0.1013

Price comparison — Spain

PeriodAveragevs today
Today€ 0.1287 /kWh—
Yesterday€ 0.1215 /kWh▼ 6%
Last 7 days€ 0.1218 /kWh▼ 5%
Last 30 days€ 0.0941 /kWh▼ 27%
Current month€ 0.0990 /kWh▼ 23%
Previous month€ 0.0707 /kWh▼ 45%
Same month last year€ 0.0725 /kWh▼ 44%

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 € 0.1287 /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