Day-ahead market

Electricity prices in Spain

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

Average price today
122.21€/MWh
0.122 €/kWh
now
210.99€/MWh
interval 20:00–20:15
Tomorrow
121.76€/MWh
auction published
Last 30 days
118.16€/MWh
average weighted by duration

Today's electricity price, interval by interval

Quarter-hourly Hourly

The resolution ENTSO-E publishes. Since 1 October 2025, the European market works in quarter-hours.

Interval, Madrid time €/MWh€/kWh Against the day's average%
00:00–00:15 212.52 0.213 +74%
00:15–00:30 207.22 0.207 +70%
00:30–00:45 204.32 0.204 +67%
00:45–01:00 198.95 0.199 +63%
01:00–01:15 204.69 0.205 +67%
01:15–01:30 199.05 0.199 +63%
01:30–01:45 197.21 0.197 +61%
01:45–02:00 195.54 0.196 +60%
02:00–02:15 197.97 0.198 +62%
02:15–02:30 198.47 0.198 +62%
02:30–02:45 195.00 0.195 +60%
02:45–03:00 194.00 0.194 +59%
03:00–03:15 190.18 0.190 +56%
03:15–03:30 189.72 0.190 +55%
03:30–03:45 186.94 0.187 +53%
03:45–04:00 187.35 0.187 +53%
04:00–04:15 182.48 0.182 +49%
04:15–04:30 180.75 0.181 +48%
04:30–04:45 183.01 0.183 +50%
04:45–05:00 183.06 0.183 +50%
05:00–05:15 180.01 0.180 +47%
05:15–05:30 180.23 0.180 +47%
05:30–05:45 183.06 0.183 +50%
05:45–06:00 186.73 0.187 +53%
06:00–06:15 189.99 0.190 +55%
06:15–06:30 191.91 0.192 +57%
06:30–06:45 194.88 0.195 +59%
06:45–07:00 198.02 0.198 +62%
07:00–07:15 206.06 0.206 +69%
07:15–07:30 205.30 0.205 +68%
07:30–07:45 201.12 0.201 +65%
07:45–08:00 191.80 0.192 +57%
08:00–08:15dearest 215.53 0.216 +76%
08:15–08:30 201.68 0.202 +65%
08:30–08:45 181.97 0.182 +49%
08:45–09:00 160.96 0.161 +32%
09:00–09:15 175.40 0.175 +44%
09:15–09:30 154.97 0.155 +27%
09:30–09:45 96.00 0.096 −21%
09:45–10:00 13.01 0.013 −89%
10:00–10:15 0.99 0.001 −99%
10:15–10:30 1.08 0.001 −99%
10:30–10:45 0.01 0.000 −100%
10:45–11:00 0.10 0.000 −100%
11:00–11:15 0.10 0.000 −100%
11:15–11:30 -0.01 -0.000 −100%
11:30–11:45 -0.90 -0.001 −101%
11:45–12:00 0.00 0.000 −100%
12:00–12:15 0.00 0.000 −100%
12:15–12:30 0.00 0.000 −100%
12:30–12:45 0.00 0.000 −100%
12:45–13:00 0.00 0.000 −100%
13:00–13:15 -2.54 -0.003 −102%
13:15–13:30 -7.00 -0.007 −106%
13:30–13:45 -8.00 -0.008 −107%
13:45–14:00 -5.06 -0.005 −104%
14:00–14:15 -6.00 -0.006 −105%
14:15–14:30 -7.00 -0.007 −106%
14:30–14:45 -8.00 -0.008 −107%
14:45–15:00 -7.00 -0.007 −106%
15:00–15:15 -7.00 -0.007 −106%
15:15–15:30 -5.19 -0.005 −104%
15:30–15:45cheapest -11.79 -0.012 −110%
15:45–16:00 -8.02 -0.008 −107%
16:00–16:15 -0.70 -0.001 −101%
16:15–16:30 -0.90 -0.001 −101%
16:30–16:45 -0.01 -0.000 −100%
16:45–17:00 0.28 0.000 −100%
17:00–17:15 1.08 0.001 −99%
17:15–17:30 3.00 0.003 −98%
17:30–17:45 11.08 0.011 −91%
17:45–18:00 24.11 0.024 −80%
18:00–18:15 50.20 0.050 −59%
18:15–18:30 88.77 0.089 −27%
18:30–18:45 139.28 0.139 +14%
18:45–19:00 153.38 0.153 +26%
19:00–19:15 158.14 0.158 +29%
19:15–19:30 176.57 0.177 +44%
19:30–19:45 191.12 0.191 +56%
19:45–20:00 211.64 0.212 +73%
20:00–20:15now 210.99 0.211 +73%
20:15–20:30 211.27 0.211 +73%
20:30–20:45 210.92 0.211 +73%
20:45–21:00 207.69 0.208 +70%
21:00–21:15 211.63 0.212 +73%
21:15–21:30 204.94 0.205 +68%
21:30–21:45 201.95 0.202 +65%
21:45–22:00 194.88 0.195 +59%
22:00–22:15 202.46 0.202 +66%
22:15–22:30 198.92 0.199 +63%
22:30–22:45 199.40 0.199 +63%
22:45–23:00 190.10 0.190 +56%
23:00–23:15 195.28 0.195 +60%
23:15–23:30 191.12 0.191 +56%
23:30–23:45 190.00 0.190 +55%
23:45–00:00 187.50 0.188 +53%
Average price
122.21€/MWh
0.122 €/kWh · ↓ −24,7%vs yesterday
Cheapest
-11.79€/MWh
at 15:30
Dearest
215.53€/MWh
at 08:00
Median
182.48€/MWh
half the day was below this

Tomorrow

Tomorrow's prices are available. The day's average is 121.76 €/MWh, with a minimum of -5.37 at 10:45 and a maximum of 239.97 at 19:45.

Interval, Madrid time €/MWh€/kWh Against the day's average%
00:00–00:15 203.25 0.203 +67%
00:15–00:30 200.00 0.200 +64%
00:30–00:45 198.83 0.199 +63%
00:45–01:00 190.61 0.191 +57%
01:00–01:15 193.85 0.194 +59%
01:15–01:30 191.20 0.191 +57%
01:30–01:45 191.12 0.191 +57%
01:45–02:00 188.75 0.189 +55%
02:00–02:15 185.21 0.185 +52%
02:15–02:30 184.84 0.185 +52%
02:30–02:45 185.00 0.185 +52%
02:45–03:00 184.49 0.184 +52%
03:00–03:15 184.04 0.184 +51%
03:15–03:30 182.12 0.182 +50%
03:30–03:45 177.03 0.177 +45%
03:45–04:00 176.91 0.177 +45%
04:00–04:15 176.46 0.176 +45%
04:15–04:30 175.44 0.175 +44%
04:30–04:45 175.53 0.176 +44%
04:45–05:00 175.44 0.175 +44%
05:00–05:15 176.91 0.177 +45%
05:15–05:30 178.02 0.178 +46%
05:30–05:45 182.17 0.182 +50%
05:45–06:00 185.51 0.186 +52%
06:00–06:15 182.30 0.182 +50%
06:15–06:30 186.78 0.187 +53%
06:30–06:45 186.78 0.187 +53%
06:45–07:00 188.78 0.189 +55%
07:00–07:15 193.13 0.193 +59%
07:15–07:30 193.67 0.194 +59%
07:30–07:45 195.00 0.195 +60%
07:45–08:00 195.43 0.195 +61%
08:00–08:15 193.60 0.194 +59%
08:15–08:30 180.83 0.181 +49%
08:30–08:45 170.00 0.170 +40%
08:45–09:00 160.01 0.160 +31%
09:00–09:15 162.43 0.162 +33%
09:15–09:30 110.28 0.110 −9%
09:30–09:45 45.01 0.045 −63%
09:45–10:00 0.01 0.000 −100%
10:00–10:15 1.07 0.001 −99%
10:15–10:30 0.00 0.000 −100%
10:30–10:45 -0.01 -0.000 −100%
10:45–11:00cheapest -5.37 -0.005 −104%
11:00–11:15 -1.00 -0.001 −101%
11:15–11:30 -2.05 -0.002 −102%
11:30–11:45 -2.17 -0.002 −102%
11:45–12:00 -1.00 -0.001 −101%
12:00–12:15 -0.30 -0.000 −100%
12:15–12:30 -0.50 -0.001 −100%
12:30–12:45 0.00 0.000 −100%
12:45–13:00 0.00 0.000 −100%
13:00–13:15 0.00 0.000 −100%
13:15–13:30 0.00 0.000 −100%
13:30–13:45 0.00 0.000 −100%
13:45–14:00 0.00 0.000 −100%
14:00–14:15 0.00 0.000 −100%
14:15–14:30 0.00 0.000 −100%
14:30–14:45 0.00 0.000 −100%
14:45–15:00 0.00 0.000 −100%
15:00–15:15 0.00 0.000 −100%
15:15–15:30 0.00 0.000 −100%
15:30–15:45 0.00 0.000 −100%
15:45–16:00 0.00 0.000 −100%
16:00–16:15 -0.01 -0.000 −100%
16:15–16:30 0.00 0.000 −100%
16:30–16:45 0.00 0.000 −100%
16:45–17:00 0.00 0.000 −100%
17:00–17:15 0.84 0.001 −99%
17:15–17:30 1.08 0.001 −99%
17:30–17:45 1.08 0.001 −99%
17:45–18:00 11.45 0.011 −91%
18:00–18:15 21.58 0.022 −82%
18:15–18:30 65.71 0.066 −46%
18:30–18:45 80.40 0.080 −34%
18:45–19:00 120.49 0.120 −1%
19:00–19:15 157.07 0.157 +29%
19:15–19:30 203.93 0.204 +67%
19:30–19:45 212.25 0.212 +74%
19:45–20:00dearest 239.97 0.240 +97%
20:00–20:15 228.80 0.229 +88%
20:15–20:30 233.75 0.234 +92%
20:30–20:45 232.53 0.233 +91%
20:45–21:00 228.99 0.229 +88%
21:00–21:15 230.33 0.230 +89%
21:15–21:30 230.00 0.230 +89%
21:30–21:45 229.03 0.229 +88%
21:45–22:00 224.51 0.225 +84%
22:00–22:15 232.43 0.232 +91%
22:15–22:30 230.08 0.230 +89%
22:30–22:45 227.50 0.228 +87%
22:45–23:00 222.33 0.222 +83%
23:00–23:15 221.03 0.221 +82%
23:15–23:30 211.58 0.212 +74%
23:30–23:45 208.24 0.208 +71%
23:45–00:00 206.20 0.206 +69%

Comparison across periods

Period€/MWh€/kWh Against today
Today 122.21 0.122 0%
Tomorrow 121.76 0.122 ↑ +0,4%
Yesterday 162.22 0.162 ↓ −24,7%
Last 7 days 138.14 0.138 ↓ −11,5%
Last 30 days 118.16 0.118 ↑ +3,4%
Month to date 138.81 0.139 ↓ −12,0%
Last month 117.15 0.117 ↑ +4,3%
Same month last year 60.46 0.060 ↑ +102,1%

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 130.85 +8.64 ↑ +7,1% interconnected
Portugal 118.07 −4.14 ↓ −3,4% 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
13 September 2026 121.76 0.122 -5.37 239.97 ↓ −0,4% complete
12 September 2026 122.21 0.122 -11.79 215.53 ↓ −24,7% complete
11 September 2026 162.22 0.162 50.00 254.90 ↑ +7,0% complete
10 September 2026 151.64 0.152 34.10 285.48 ↑ +43,6% complete
9 September 2026 105.60 0.106 -0.70 205.26 complete
8 September 2026 195.43 0.195 162.49 219.00 16 intervals
7 September 2026 195.37 0.195 195.37 195.37 1 intervals
6 September 2026 209.96 0.210 209.96 209.96 1 intervals
5 September 2026 207.06 0.207 207.06 207.06 1 intervals
4 September 2026 200.00 0.200 200.00 200.00 1 intervals
3 September 2026 196.55 0.197 196.55 196.55 1 intervals
2 September 2026 180.87 0.181 180.87 180.87 1 intervals
1 September 2026 176.75 0.177 176.75 176.75 ↑ +42,9% 1 intervals
31 August 2026 99.07 0.099 -19.99 209.50 ↓ −8,8% complete
30 August 2026 108.66 0.109 -0.81 220.91 ↑ +6,8% complete
29 August 2026 101.77 0.102 -2.80 214.90 ↓ −2,8% complete
28 August 2026 104.71 0.105 0.00 220.27 ↓ −3,0% complete
27 August 2026 107.92 0.108 -0.58 185.95 ↓ −2,0% complete
26 August 2026 110.07 0.110 -5.00 213.90 ↓ −4,6% complete
25 August 2026 115.44 0.115 1.98 222.23 ↑ +34,0% complete
24 August 2026 86.13 0.086 -10.00 172.12 ↑ +5,2% complete
23 August 2026 81.89 0.082 -15.00 159.04 ↓ −9,2% complete
22 August 2026 90.21 0.090 -17.72 186.10 ↓ −18,1% complete
21 August 2026 110.15 0.110 0.00 207.88 ↓ −20,2% complete
20 August 2026 138.02 0.138 33.73 201.89 ↑ +8,2% complete
19 August 2026 127.55 0.128 2.00 216.74 ↓ −6,2% complete
18 August 2026 135.94 0.136 1.33 248.00 ↓ −10,6% complete
17 August 2026 152.03 0.152 18.76 232.15 ↑ +33,8% complete
16 August 2026 113.63 0.114 -6.49 208.29 ↓ −2,1% complete
15 August 2026 116.09 0.116 -1.57 209.85 ↓ −17,1% complete

Archive by year: 2026 · 2025 · 2024 · 2023 · 2022


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.