Monthly report · day-ahead marketElectricity prices in Portugal, August 2024
In August 2024, electricity on the day-ahead market in Portugal cost an average of €0.091/kWh (€91.11/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around €0.215/kWh.
That is 23% more than in July 2024.
The cheapest day was Sunday, 25 August 2024, averaging €0.031/kWh; the most expensive was Thursday, 29 August 2024 at €0.120/kWh.
The lowest price came on 25 August 2024 at 10:00 (-€0.001/kWh), the highest on 21 August 2024 at 20:00 (€0.165/kWh). In total, prices were below zero for 3 hours.
On an average day, the cheapest three hours were 13:00–16:00. Weekends were on average 28% cheaper than weekdays.
Compared with
- Previous month (July 2024)
- €0.074 ▲
- Weekdays
- €0.099
- Weekends
- €0.071
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 Aug Thursday | €0.107 | €0.082 15:00 | €0.133 20:00 | – | €0.235 |
| 2 Aug Friday | €0.093 | €0.050 15:00 | €0.129 20:00 | – | €0.218 |
| 3 Aug Saturday | €0.078 | €0.005 13:00 | €0.137 20:00 | – | €0.198 |
| 4 Aug Sunday | €0.075 | €0.000 11:00 | €0.144 21:00 | – | €0.196 |
| 5 Aug Monday | €0.110 | €0.081 15:00 | €0.151 20:00 | – | €0.238 |
| 6 Aug Tuesday | €0.106 | €0.082 15:00 | €0.132 20:00 | – | €0.233 |
| 7 Aug Wednesday | €0.097 | €0.079 09:00 | €0.129 20:00 | – | €0.223 |
| 8 Aug Thursday | €0.101 | €0.082 14:00 | €0.140 20:00 | – | €0.227 |
| 9 Aug Friday | €0.102 | €0.080 14:00 | €0.128 20:00 | – | €0.229 |
| 10 Aug Saturday | €0.071 | €0.000 10:00 | €0.128 20:00 | – | €0.190 |
| 11 Aug Sunday | €0.069 | €0.000 09:00 | €0.136 21:00 | – | €0.188 |
| 12 Aug Monday | €0.106 | €0.080 15:00 | €0.136 20:00 | – | €0.233 |
| 13 Aug Tuesday | €0.106 | €0.080 15:00 | €0.130 20:00 | – | €0.234 |
| 14 Aug Wednesday | €0.089 | €0.060 15:00 | €0.115 23:00 | – | €0.212 |
| 15 Aug Thursday | €0.044 | €0.000 09:00 | €0.117 20:00 | – | €0.157 |
| 16 Aug Friday | €0.088 | €0.051 13:00 | €0.130 20:00 | – | €0.211 |
| 17 Aug Saturday | €0.083 | €0.035 13:00 | €0.120 20:00 | – | €0.205 |
| 18 Aug Sunday | €0.056 | €0.000 10:00 | €0.120 23:00 | – | €0.171 |
| 19 Aug Monday | €0.094 | €0.067 14:00 | €0.157 20:00 | – | €0.218 |
| 20 Aug Tuesday | €0.096 | €0.060 15:00 | €0.125 06:00 | – | €0.220 |
| 21 Aug Wednesday | €0.081 | €0.005 10:00 | €0.165 20:00 | – | €0.202 |
| 22 Aug Thursday | €0.109 | €0.078 15:00 | €0.165 20:00 | – | €0.237 |
| 23 Aug Friday | €0.107 | €0.077 14:00 | €0.141 20:00 | – | €0.234 |
| 24 Aug Saturday | €0.060 | €0.000 11:00 | €0.117 20:00 | – | €0.177 |
| 25 Aug Sunday | €0.031 | -€0.001 10:00 | €0.110 20:00 | 3 | €0.141 |
| 26 Aug Monday | €0.094 | €0.063 10:00 | €0.160 20:00 | – | €0.219 |
| 27 Aug Tuesday | €0.108 | €0.075 14:00 | €0.153 20:00 | – | €0.235 |
| 28 Aug Wednesday | €0.108 | €0.075 14:00 | €0.139 20:00 | – | €0.236 |
| 29 Aug Thursday | €0.120 | €0.107 11:00 | €0.138 20:00 | – | €0.251 |
| 30 Aug Friday | €0.116 | €0.092 14:00 | €0.140 20:00 | – | €0.245 |
| 31 Aug Saturday | €0.117 | €0.085 14:00 | €0.154 20:00 | – | €0.246 |
/kWh · Today · Methodology