This page shows hourly day-ahead electricity prices in Spain (ES), displayed in EUR, including today’s and tomorrow’s prices when available.
15-minute prices are available in our mobile app.
Prices are based on official wholesale market data and displayed as:
- Hourly averages on the chart and in the table
- The current hour is highlighted on the chart, with color indicating whether the price is above or below the daily average
- A dotted line represents the average price for the day
Electricity Prices in Spain
— · EUR/MWh · Local
- Current price
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- Day average
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- Lowest
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- Highest
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Loading hourly electricity prices.
Prices by hour
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What These Prices Represent
Displayed prices are wholesale day-ahead electricity prices. They typically exclude VAT, grid fees, surcharges, and supplier margins, so final consumer prices may differ.
Prices are shown in EUR/MWh and use UTC time. The cheapest hours are typically the best time to run flexible loads.
More Advanced Analysis in the App
This page focuses on clarity and quick access. For deeper analysis, the app offers additional features, including:
- Two chart resolutions (hourly and 15-minute)
- Grouped best and worst price periods, not just single hours
- Comparison against multiple averages, including custom ones
- Optional inclusion of taxes and surcharges for closer-to-bill prices
Explore the app features at our Features page.
Electricity prices in Spain (ES) vary significantly throughout the day. Tracking hourly trends and short-term price intervals helps better understand market behavior and optimize electricity usage.
About the ES bidding zone
ES is the Spanish day-aheadThe day-ahead market. A market segment where wholesale electricity prices for the next delivery day are calculated in advance. price area within the Iberian electricity market, MIBEL. OMIE operates the day-aheadThe day-ahead market. A market segment where wholesale electricity prices for the next delivery day are calculated in advance. market for Spain and Portugal and publishes a separate system price for each area when their prices diverge.
WattSmart groups this zone under Southern Europe. day-aheadThe day-ahead market. A market segment where wholesale electricity prices for the next delivery day are calculated in advance. prices are formed through auctions operated by OMIEOperador del Mercado Iberico de Energia. The electricity market operator for Spain and Portugal within MIBEL.. Power transmission is managed by Red ElectricaRed Electrica. Spain's transmission system operator..