local timeUTC+1
Day-ahead market

Electricity prices in Spain

The day-ahead auction result, interval by interval, in Madrid time.

Average price today
182.09€/MWh
0.182 €/kWh
now
63.00€/MWh
interval 15:00–15:15
Tomorrow
246.01€/MWh
auction published
Last 30 days
167.60€/MWh
average weighted by duration

Today's electricity price, interval by interval

Quarter-hourly Hourly

The hours are averages weighted by the duration of the published intervals, not a pick among them.

00:00–01:00 · 207.10 €/MWh 00:00 01:00–02:00 · 201.62 €/MWh 01:00 02:00–03:00 · 196.09 €/MWh 02:00 03:00–04:00 · 189.85 €/MWh 03:00 04:00–05:00 · 189.88 €/MWh 04:00 05:00–06:00 · 192.01 €/MWh 05:00 06:00–07:00 · 214.48 €/MWh 06:00 07:00–08:00 · 259.36 €/MWh 07:00 08:00–09:00 · 242.65 €/MWh 08:00 09:00–10:00 · 145.99 €/MWh 09:00 10:00–11:00 · 19.60 €/MWh 10:00 11:00–12:00 · 1.54 €/MWh 11:00 12:00–13:00 · 3.37 €/MWh 12:00 13:00–14:00 · 12.88 €/MWh 13:00 14:00–15:00 · 44.61 €/MWh 14:00 15:00–16:00 · 100.57 €/MWh 15:00 16:00–17:00 · 186.05 €/MWh 16:00 17:00–18:00 · 270.31 €/MWh 17:00 18:00–19:00 · 306.61 €/MWh 18:00 19:00–20:00 · 300.90 €/MWh 19:00 20:00–21:00 · 306.13 €/MWh 20:00 21:00–22:00 · 299.37 €/MWh 21:00 22:00–23:00 · 278.22 €/MWh 22:00 23:00–00:00 · 253.76 €/MWh 23:00 100.57€/MWh15:00–16:00

● cheapest hours ● around the average ● most expensive hours

Interval, Madrid time €/MWh€/kWh Against the day's average%
00:00–02:00 207.10 0.207 +14%
01:00–03:00 201.62 0.202 +11%
02:00–04:00 196.09 0.196 +8%
03:00–05:00 189.85 0.190 +4%
04:00–06:00 189.88 0.190 +4%
05:00–07:00 192.01 0.192 +5%
06:00–08:00 214.48 0.214 +18%
07:00–09:00 259.36 0.259 +42%
08:00–10:00 242.65 0.243 +33%
09:00–11:00 145.99 0.146 −20%
10:00–12:00 19.60 0.020 −89%
11:00–13:00cheapest 1.54 0.002 −99%
12:00–14:00 3.37 0.003 −98%
13:00–15:00 12.88 0.013 −93%
14:00–16:00now 44.61 0.045 −76%
15:00–17:00now 100.57 0.101 −45%
16:00–18:00 186.05 0.186 +2%
17:00–19:00 270.31 0.270 +48%
18:00–20:00dearest 306.61 0.307 +68%
19:00–21:00 300.90 0.301 +65%
20:00–22:00 306.13 0.306 +68%
21:00–23:00 299.37 0.299 +64%
22:00–00:00 278.22 0.278 +53%
23:00–01:00 253.76 0.254 +39%
Average price
182.09€/MWh
0.182 €/kWh · ↑ +11,4%vs yesterday
Cheapest
-0.81€/MWh
at 11:45
Dearest
307.48€/MWh
at 18:45
Median
197.83€/MWh
half the day was below this

Tomorrow

Tomorrow's prices are available. The day's average is 246.01 €/MWh, with a minimum of 180.81 at 11:30 and a maximum of 316.15 at 17:45.

Interval, Madrid time €/MWh€/kWh Against the day's average%
00:00–02:00 239.24 0.239 −3%
01:00–03:00 234.74 0.235 −5%
02:00–04:00 223.18 0.223 −9%
03:00–05:00 221.43 0.221 −10%
04:00–06:00 225.22 0.225 −8%
05:00–07:00 242.05 0.242 −2%
06:00–08:00 267.77 0.268 +9%
07:00–09:00 296.17 0.296 +20%
08:00–10:00 299.85 0.300 +22%
09:00–11:00 266.49 0.266 +8%
10:00–12:00 199.13 0.199 −19%
11:00–13:00 181.20 0.181 −26%
12:00–14:00cheapest 180.91 0.181 −26%
13:00–15:00 181.60 0.182 −26%
14:00–16:00 183.08 0.183 −26%
15:00–17:00 189.95 0.190 −23%
16:00–18:00 250.97 0.251 +2%
17:00–19:00 284.68 0.285 +16%
18:00–20:00dearest 307.08 0.307 +25%
19:00–21:00 304.09 0.304 +24%
20:00–22:00 288.95 0.289 +17%
21:00–23:00 284.13 0.284 +15%
22:00–00:00 277.67 0.278 +13%
23:00–01:00 274.55 0.275 +12%

Comparison across periods

Period€/MWh€/kWh Against today
Today 182.09 0.182 0%
Tomorrow 246.01 0.246 ↓ −26,0%
Yesterday 163.43 0.163 ↑ +11,4%
Last 7 days 201.29 0.201 ↓ −9,5%
Last 30 days 167.60 0.168 ↑ +8,6%
Month to date 165.92 0.166 ↑ +9,7%
Last month 167.92 0.168 ↑ +8,4%
Same month last year 58.08 0.058 ↑ +213,5%

The right-hand column compares today with the period on that row. All averages are weighted by interval duration, so the days before 1 October 2025 — when the market worked hourly — do not weigh wrongly.


Comparison with the neighbours

Country€/MWh today Difference%Link
France 246.37 +64.27 ↑ +35,3% interconnected
Portugal 187.75 +5.66 ↑ +3,1% interconnected

interconnected means ENTSO-E publishes physical flow between the two countries' zones — that is, there really is a cable with energy running through it. neighbour on the map means only a shared border. The two do not coincide: Norway and the Netherlands do not touch, yet have a subsea cable.


Daily history

DateAverage price €/MWh€/kWh MinMaxChangeStatus
4 November 2026 246.01 0.246 180.81 316.15 ↑ +35,1% complete
3 November 2026 182.09 0.182 -0.81 307.48 ↑ +11,4% complete
2 November 2026 163.43 0.163 -17.93 313.48 ↑ +7,4% complete
1 November 2026 152.22 0.152 -16.42 274.01 ↓ −30,0% complete
31 October 2026 217.53 0.218 83.05 305.08 ↓ −11,6% complete
30 October 2026 246.11 0.246 190.01 332.86 ↓ −1,6% complete
29 October 2026 250.16 0.250 145.00 368.99 ↑ +26,7% complete
28 October 2026 197.46 0.197 57.08 319.00 ↓ −0,4% complete
27 October 2026 198.29 0.198 62.31 284.90 ↑ +1,4% complete
26 October 2026 195.52 0.196 65.00 290.00 ↑ +99,1% complete
25 October 2026 98.18 0.098 -19.92 231.62 ↓ −28,4% complete
24 October 2026 137.19 0.137 -0.01 226.00 ↑ +26,5% complete
23 October 2026 108.43 0.108 -1.46 224.20 ↓ −31,3% complete
22 October 2026 157.86 0.158 1.00 281.66 ↑ +13,0% complete
21 October 2026 139.73 0.140 -2.49 282.00 ↓ −21,5% complete
20 October 2026 178.04 0.178 -1.03 265.20 ↓ −18,5% complete
19 October 2026 218.51 0.219 180.00 306.00 ↑ +197,6% complete
18 October 2026 73.43 0.073 -4.00 189.00 ↓ −35,4% complete
17 October 2026 113.69 0.114 -1.03 212.24 ↓ −41,3% complete
16 October 2026 193.80 0.194 73.26 286.95 ↓ −4,4% complete
15 October 2026 202.66 0.203 58.00 297.50 ↑ +1,6% complete
14 October 2026 199.42 0.199 80.00 299.01 ↑ +13,1% complete
13 October 2026 176.32 0.176 65.00 265.01 ↑ +14,7% complete
12 October 2026 153.71 0.154 1.96 272.44 ↑ +5,4% complete
11 October 2026 145.85 0.146 9.51 236.59 ↑ +16,5% complete
10 October 2026 125.16 0.125 -9.08 217.65 ↑ +16,3% complete
9 October 2026 107.58 0.108 -6.90 211.60 ↑ +0,6% complete
8 October 2026 106.90 0.107 0.00 204.50 ↓ −40,8% complete
7 October 2026 180.42 0.180 80.80 250.90 ↓ −15,0% complete
6 October 2026 212.16 0.212 152.09 306.94 ↑ +6,6% complete

Archive by year: 2026 · 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016 · 2015


How to read the figures on this page

The price shown is the wholesale day-ahead price: what electricity costs on the exchange, before network tariffs, levies, VAT and the supplier's margin. A household bill is higher, and the ratio between them differs from country to country and from contract to contract.

“Average price” means the average weighted by the duration of each interval. Until 30 September 2025 the intervals were an hour; from 1 October 2025 they are a quarter of an hour. A plain average across that boundary would weigh a quarter of an hour like an hour.

The days when the clocks change have 23 or 25 hours, and the summary computes them with their real length, not with an assumed 24.

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