Monthly report · day-ahead marketElectricity prices in Portugal, July 2024
In July 2024, electricity on the day-ahead market in Portugal cost an average of €0.074/kWh (€74.12/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around €0.194/kWh.
That is 28% more than in June 2024.
The cheapest day was Sunday, 21 July 2024, averaging €0.030/kWh; the most expensive was Monday, 29 July 2024 at €0.109/kWh.
The lowest price came on 6 July 2024 at 15:00 (-€0.001/kWh), the highest on 30 July 2024 at 20:00 (€0.142/kWh). In total, prices were below zero for 22 hours.
On an average day, the cheapest three hours were 13:00–16:00. Weekends were on average 40% cheaper than weekdays.
Compared with
- Previous month (June 2024)
- €0.058 ▲
- Weekdays
- €0.083
- Weekends
- €0.049
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 Jul Monday | €0.061 | €0.045 09:00 | €0.099 21:00 | – | €0.178 |
| 2 Jul Tuesday | €0.058 | €0.035 09:00 | €0.110 20:00 | – | €0.174 |
| 3 Jul Wednesday | €0.072 | €0.034 17:00 | €0.108 20:00 | – | €0.191 |
| 4 Jul Thursday | €0.073 | €0.038 10:00 | €0.100 06:00 | – | €0.192 |
| 5 Jul Friday | €0.061 | €0.003 15:00 | €0.106 21:00 | – | €0.178 |
| 6 Jul Saturday | €0.034 | -€0.001 15:00 | €0.101 23:00 | 8 | €0.144 |
| 7 Jul Sunday | €0.035 | -€0.001 15:00 | €0.105 21:00 | 8 | €0.145 |
| 8 Jul Monday | €0.074 | €0.032 13:00 | €0.115 20:00 | – | €0.194 |
| 9 Jul Tuesday | €0.072 | €0.008 13:00 | €0.142 21:00 | – | €0.191 |
| 10 Jul Wednesday | €0.088 | €0.045 14:00 | €0.132 21:00 | – | €0.211 |
| 11 Jul Thursday | €0.086 | €0.052 13:00 | €0.111 21:00 | – | €0.208 |
| 12 Jul Friday | €0.059 | €0.030 15:00 | €0.090 20:00 | – | €0.175 |
| 13 Jul Saturday | €0.051 | €0.000 13:00 | €0.107 21:00 | – | €0.166 |
| 14 Jul Sunday | €0.053 | -€0.001 14:00 | €0.110 21:00 | 3 | €0.167 |
| 15 Jul Monday | €0.054 | €0.004 12:00 | €0.109 21:00 | – | €0.169 |
| 16 Jul Tuesday | €0.087 | €0.060 15:00 | €0.125 20:00 | – | €0.210 |
| 17 Jul Wednesday | €0.094 | €0.070 15:00 | €0.127 21:00 | – | €0.219 |
| 18 Jul Thursday | €0.101 | €0.079 14:00 | €0.138 20:00 | – | €0.227 |
| 19 Jul Friday | €0.098 | €0.069 15:00 | €0.121 20:00 | – | €0.223 |
| 20 Jul Saturday | €0.052 | €0.000 13:00 | €0.102 23:00 | 1 | €0.166 |
| 21 Jul Sunday | €0.030 | €0.000 13:00 | €0.095 21:00 | 2 | €0.140 |
| 22 Jul Monday | €0.080 | €0.055 10:00 | €0.134 20:00 | – | €0.201 |
| 23 Jul Tuesday | €0.092 | €0.066 10:00 | €0.122 20:00 | – | €0.216 |
| 24 Jul Wednesday | €0.095 | €0.075 15:00 | €0.124 20:00 | – | €0.219 |
| 25 Jul Thursday | €0.090 | €0.059 15:00 | €0.117 20:00 | – | €0.213 |
| 26 Jul Friday | €0.095 | €0.071 15:00 | €0.122 20:00 | – | €0.219 |
| 27 Jul Saturday | €0.077 | €0.015 15:00 | €0.118 20:00 | – | €0.197 |
| 28 Jul Sunday | €0.063 | €0.000 10:00 | €0.126 21:00 | – | €0.181 |
| 29 Jul Monday | €0.109 | €0.093 14:00 | €0.135 20:00 | – | €0.237 |
| 30 Jul Tuesday | €0.100 | €0.064 15:00 | €0.142 20:00 | – | €0.225 |
| 31 Jul Wednesday | €0.106 | €0.080 15:00 | €0.142 20:00 | – | €0.233 |
/kWh · Today · Methodology