Monthly report · day-ahead marketElectricity prices in Portugal, June 2024
In June 2024, electricity on the day-ahead market in Portugal cost an average of €0.058/kWh (€58.11/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around €0.174/kWh.
That is 89% more than in May 2024.
The cheapest day was Saturday, 1 June 2024, averaging €0.002/kWh; the most expensive was Wednesday, 26 June 2024 at €0.097/kWh.
The lowest price came on 16 June 2024 at 14:00 (-€0.002/kWh), the highest on 4 June 2024 at 06:00 (€0.176/kWh). In total, prices were below zero for 41 hours.
On an average day, the cheapest three hours were 13:00–16:00. Weekends were on average 55% cheaper than weekdays.
Compared with
- Previous month (May 2024)
- €0.031 ▲
- Weekdays
- €0.071
- Weekends
- €0.032
Wholesale price · /kWh
Price by day
Daily wholesale average; the line marks the monthly average.
/kWh
The average day
Average wholesale price for each hour of the day this month.
/kWh · 13:00–16:00
All days
| Day | Average | Lowest | Highest | Hours < 0 | Final (est.) |
|---|---|---|---|---|---|
| 1 Jun Saturday | €0.002 | -€0.001 15:00 | €0.008 21:00 | 9 | €0.100 |
| 2 Jun Sunday | €0.005 | -€0.001 09:00 | €0.029 21:00 | 10 | €0.108 |
| 3 Jun Monday | €0.034 | €0.009 23:00 | €0.102 20:00 | – | €0.144 |
| 4 Jun Tuesday | €0.092 | €0.042 14:00 | €0.176 06:00 | – | €0.216 |
| 5 Jun Wednesday | €0.097 | €0.045 14:00 | €0.170 20:00 | – | €0.222 |
| 6 Jun Thursday | €0.093 | €0.056 14:00 | €0.122 20:00 | – | €0.218 |
| 7 Jun Friday | €0.081 | €0.042 13:00 | €0.103 07:00 | – | €0.203 |
| 8 Jun Saturday | €0.071 | €0.025 16:00 | €0.101 06:00 | – | €0.191 |
| 9 Jun Sunday | €0.024 | €0.000 14:00 | €0.070 21:00 | 2 | €0.132 |
| 10 Jun Monday | €0.046 | €0.035 14:00 | €0.087 20:00 | – | €0.159 |
| 11 Jun Tuesday | €0.065 | €0.035 14:00 | €0.098 23:00 | – | €0.183 |
| 12 Jun Wednesday | €0.058 | €0.027 16:00 | €0.101 20:00 | – | €0.174 |
| 13 Jun Thursday | €0.071 | €0.005 15:00 | €0.130 06:00 | – | €0.189 |
| 14 Jun Friday | €0.044 | €0.000 14:00 | €0.090 06:00 | – | €0.157 |
| 15 Jun Saturday | €0.020 | -€0.001 15:00 | €0.048 21:00 | 8 | €0.127 |
| 16 Jun Sunday | €0.017 | -€0.002 14:00 | €0.042 22:00 | 7 | €0.123 |
| 17 Jun Monday | €0.032 | €0.000 14:00 | €0.091 21:00 | – | €0.142 |
| 18 Jun Tuesday | €0.057 | €0.013 13:00 | €0.131 21:00 | – | €0.173 |
| 19 Jun Wednesday | €0.076 | €0.036 15:00 | €0.114 06:00 | – | €0.197 |
| 20 Jun Thursday | €0.091 | €0.058 12:00 | €0.123 20:00 | – | €0.214 |
| 21 Jun Friday | €0.087 | €0.048 15:00 | €0.115 21:00 | – | €0.209 |
| 22 Jun Saturday | €0.046 | €0.000 16:00 | €0.099 21:00 | – | €0.159 |
| 23 Jun Sunday | €0.027 | -€0.001 15:00 | €0.096 21:00 | 5 | €0.136 |
| 24 Jun Monday | €0.058 | €0.035 03:00 | €0.117 20:00 | – | €0.174 |
| 25 Jun Tuesday | €0.070 | €0.035 13:00 | €0.117 20:00 | – | €0.189 |
| 26 Jun Wednesday | €0.097 | €0.060 14:00 | €0.137 20:00 | – | €0.222 |
| 27 Jun Thursday | €0.089 | €0.046 14:00 | €0.121 06:00 | – | €0.213 |
| 28 Jun Friday | €0.083 | €0.047 15:00 | €0.113 21:00 | – | €0.205 |
| 29 Jun Saturday | €0.051 | €0.002 14:00 | €0.106 21:00 | – | €0.165 |
| 30 Jun Sunday | €0.060 | €0.000 13:00 | €0.103 21:00 | – | €0.176 |
/kWh · Today · Methodology