Portugal electricity prices over the years

How the wholesale electricity price in Portugal 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 Portugal per year: 2021: €0.165 · 2022: €0.169 · 2023: €0.091 · 2024: €0.068 · 2025: €0.069 · 2026: €0.084. The cheapest hour on record was 29 March 2026 15:00 at −€0.010 per kWh.

Monthly average wholesale market price in Portugal (€/kWh)
MonthAverageHours below zero
October 20260.1692
September 20260.14711
August 20260.12631
July 20260.11040
June 20260.07348
May 20260.05856
April 20260.04593
March 20260.043101
February 20260.01275
January 20260.07315
December 20250.0780
November 20250.0600
October 20250.07810
September 20250.06411
August 20250.07121
July 20250.0738
June 20250.0779
May 20250.0274
April 20250.02886
March 20250.05616
February 20250.1090
January 20250.0980
December 20240.1130
November 20240.1050
October 20240.0711
September 20240.0790
August 20240.0953
July 20240.07621
June 20240.06139
May 20240.03322
April 20240.01760
March 20240.0240
February 20240.0430
January 20240.0750
December 20230.0740
November 20230.0680
October 20230.0930
September 20230.1050
August 20230.0990
July 20230.0950
June 20230.0960
May 20230.0770
April 20230.0800
March 20230.0930
February 20230.1360
January 20230.0740
December 20220.1000
November 20220.1160
October 20220.1280
September 20220.1420
August 20220.1580
July 20220.1440
June 20220.1700
May 20220.1880
April 20220.1950
March 20220.2820
February 20220.2010
January 20220.2020
December 20210.2390
November 20210.1930
October 20210.1990
September 20210.1570
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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