Spain electricity prices over the years

How the wholesale electricity price in Spain has moved since 2021: monthly and yearly averages, record days and hours, negative-price hours and the cheapest time of day.

Average wholesale market price in Spain per year: 2021: €0.165 · 2022: €0.169 · 2023: €0.090 · 2024: €0.068 · 2025: €0.067 · 2026: €0.080. The cheapest hour on record was 24 May 2026 12:00 at −€0.032 per kWh.

Monthly average wholesale market price in Spain (€/kWh)
MonthAverageHours below zero
October 20260.16123
September 20260.14437
August 20260.11949
July 20260.10564
June 20260.07096
May 20260.054100
April 20260.042148
March 20260.041131
February 20260.016193
January 20260.07132
December 20250.0780
November 20250.05919
October 20250.07522
September 20250.06147
August 20250.07028
July 20250.0738
June 20250.07544
May 20250.018194
April 20250.02996
March 20250.05634
February 20250.1090
January 20250.0980
December 20240.1120
November 20240.1060
October 20240.0702
September 20240.07715
August 20240.0954
July 20240.07427
June 20240.05937
May 20240.03425
April 20240.01768
March 20240.0250
February 20240.0440
January 20240.0750
December 20230.0730
November 20230.0680
October 20230.0930
September 20230.1040
August 20230.0970
July 20230.0920
June 20230.0940
May 20230.0770
April 20230.0780
March 20230.0920
February 20230.1350
January 20230.0740
December 20220.1010
November 20220.1170
October 20220.1280
September 20220.1420
August 20220.1560
July 20220.1430
June 20220.1700
May 20220.1880
April 20220.1940
March 20220.2830
February 20220.2000
January 20220.2020
December 20210.2390
November 20210.1930
October 20210.1990
September 20210.1560
August 20210.1060
July 20210.0920

Today's prices · November 2024 · December 2024 · January 2025 · February 2025 · March 2025 · April 2025 · May 2025 · June 2025 · July 2025 · August 2025 · September 2025 · October 2025 · November 2025 · December 2025 · January 2026 · February 2026 · March 2026 · April 2026 · May 2026 · June 2026 · July 2026 · August 2026 · September 2026 · October 2026

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