Electricity prices in Spain today
The wholesale day-ahead price in Spain is €115.00 per MWh right now, or €0.1150 per kWh. Today's average is €156.02/MWh, +12.4% against yesterday, and 16% below the European average of €186.38/MWh.
- Average today
- €156.02
- /MWh
- Lowest
- €1.99
- /MWh at 13:30
- Highest
- €300.00
- /MWh at 19:45
- In €/kWh
- €0.1560
- /kWh wholesale only
Price for each interval, 22 September 2026
96 of 96 intervals published at 15-minute resolution.
Cheapest hours today
- 13:30 – 13:45€1.99/MWh
- 13:45 – 14:00€2.00/MWh
- 13:15 – 13:30€3.43/MWh
Most expensive hours today
- 19:45 – 20:00€300.00/MWh
- 20:15 – 20:30€290.01/MWh
- 20:00 – 20:15€285.00/MWh
More for Spain
About this market
Spain and Portugal form the MIBEL market and clear at the same price most of the time. Weak interconnection with France, around 3 percent of peak demand, frequently decouples the Iberian peninsula from the rest of Europe, so Spanish prices can sit far below or far above the continental level.
Method and source
- Source: ENTSO-E Transparency Platform, licensed under CC-BY 4.0.
- Market: day-ahead auction. Zone: ES. Timezone: Europe/Madrid.
- 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.