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Electricity prices in Portugal today

The wholesale day-ahead price in Portugal is €230.00 per MWh right now, or €0.2300 per kWh. Today's average is €231.64/MWh, −€16.90 against yesterday, and €2.48 below the European average of €234.12/MWh.

Average today
€231.64
/MWh
Lowest
€170.00
/MWh at 12:00
Highest
€300.00
/MWh at 20:00
In €/kWh
€0.2316
/kWh wholesale only

Price for each interval, 7 November 2026

08016024032000:00 — €250.70/MWh00:15 — €241.83/MWh00:30 — €230.00/MWh00:45 — €227.84/MWh01:00 — €240.08/MWh01:15 — €238.08/MWh01:30 — €232.90/MWh01:45 — €233.66/MWh02:00 — €230.02/MWh02:15 — €230.00/MWh02:30 — €230.00/MWh02:45 — €229.00/MWh03:00 — €227.78/MWh03:15 — €227.00/MWh03:30 — €226.40/MWh03:45 — €225.80/MWh04:00 — €226.40/MWh04:15 — €226.40/MWh04:30 — €225.80/MWh04:45 — €227.75/MWh05:00 — €233.54/MWh05:15 — €235.00/MWh05:30 — €238.74/MWh05:45 — €239.23/MWh06:00 — €245.00/MWh06:15 — €249.96/MWh06:30 — €249.58/MWh06:45 — €250.00/MWh07:00 — €253.92/MWh07:15 — €251.81/MWh07:30 — €247.09/MWh07:45 — €241.89/MWh08:00 — €254.86/MWh08:15 — €245.60/MWh08:30 — €234.21/MWh08:45 — €220.00/MWh09:00 — €214.00/MWh09:15 — €205.00/MWh09:30 — €199.80/MWh09:45 — €198.81/MWh10:00 — €198.81/MWh10:15 — €193.92/MWh10:30 — €188.80/MWh10:45 — €185.00/MWh11:00 — €178.02/MWh11:15 — €174.75/MWh11:30 — €174.00/MWh11:45 — €174.00/MWh12:00 — €170.00/MWh12:15 — €171.00/MWh12:30 — €171.00/MWh12:45 — €172.10/MWh13:00 — €170.60/MWh13:15 — €170.80/MWh13:30 — €172.20/MWh13:45 — €175.00/MWh14:00 — €178.90/MWh14:15 — €185.80/MWh14:30 — €191.02/MWh14:45 — €198.81/MWh15:00 — €199.90/MWh15:15 — €214.08/MWh15:30 — €227.74/MWh15:45 — €223.87/MWh16:00 — €223.87/MWh16:15 — €251.10/MWh16:30 — €275.00/MWh16:45 — €292.83/MWh17:00 — €275.00/MWh17:15 — €276.00/MWh17:30 — €279.44/MWh17:45 — €280.42/MWh18:00 — €275.00/MWh18:15 — €275.00/MWh18:30 — €275.00/MWh18:45 — €275.00/MWh19:00 — €278.67/MWh19:15 — €278.11/MWh19:30 — €278.67/MWh19:45 — €275.00/MWh20:00 — €300.00/MWh20:15 — €291.50/MWh20:30 — €283.18/MWh20:45 — €268.03/MWh21:00 — €277.88/MWh21:15 — €270.00/MWh21:30 — €254.86/MWh21:45 — €251.10/MWh22:00 — €251.83/MWh22:15 — €241.90/MWh22:30 — €236.16/MWh22:45 — €224.70/MWhHigh €300.00 · 20:00Low €170.00 · 12:0000:0006:0012:0018:00

92 of 96 intervals published so far at 15-minute resolution.

Cheapest electricity hours today

The three cheapest intervals in Portugal today average €170.47/MWh, €61.17 below the day's average of €231.64. The lowest of them is €170.00/MWh at 12:00. Over the last seven days the cheapest hour in Portugal has typically been around 11:00. Solar is what puts it there, so it moves with the season rather than with the day.

  • 12:00 – 12:15€170.00/MWh
  • 13:00 – 13:15€170.60/MWh
  • 13:15 – 13:30€170.80/MWh

When is electricity most expensive?

The three most expensive intervals average €294.78/MWh, €63.14 above the day's average. The highest is €300.00/MWh at 20:00. The peak has typically been around 19:00 over the last seven days. It is the hour solar output has fallen but demand has not, which is when gas sets the price.

  • 20:00 – 20:15€300.00/MWh
  • 16:45 – 17:00€292.83/MWh
  • 20:15 – 20:30€291.50/MWh

How Portugal compares with the rest of Europe

Portugal is averaging €231.64/MWh today against a European average of €234.12/MWh — €2.48 cheaper. The cheapest zone in Europe today is north-central Sweden (SE2) at €3.54/MWh, and the most expensive Ireland and Northern Ireland at €453.89. Both are the same market, priced differently because the lines between them are full.

More for Portugal

OMIE prices

The day-ahead price for Portugal is set in the daily auction run by OMIE, not here. We read the result from the ENTSO-E Transparency Platform, so the figure on this page is the one that auction cleared.

About this market

Portugal shares the MIBEL market with Spain and clears at an identical price whenever the interconnection between the two is not congested, which is most hours of the year.

Method and source

  • Source: ENTSO-E Transparency Platform.
  • Market: day-ahead auction. Zone: PT. Timezone: Europe/Lisbon.
  • The daily average is the arithmetic mean of every published interval of the local day, not weighted by volume.
  • This is a wholesale price. Network charges, levies, taxes and supplier margin are not included, and a household tariff is typically several times higher.