Electricity prices in Portugal, October 2024
In October 2024, electricity on the day-ahead market in Portugal cost an average of €0.069/kWh (€69.42/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around €0.188/kWh.
That is 6% less than in September 2024.
The cheapest day was Sunday, 6 October 2024, averaging €0.022/kWh; the most expensive was Monday, 14 October 2024 at €0.104/kWh.
The lowest price came on 6 October 2024 at 12:00 (€0.000/kWh), the highest on 21 October 2024 at 19:00 (€0.181/kWh). In total, prices were below zero for 3 hours.
On an average day, the cheapest three hours were 12:00–15:00. Weekends were on average 27% cheaper than weekdays.
Compared with
- Previous month (September 2024)
- €0.074 ▼
- Weekdays
- €0.075
- Weekends
- €0.054
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 · 12:00–15:00
All days
| Day | Average | Lowest | Highest | Hours < 0 | Final (est.) |
|---|---|---|---|---|---|
| 1 Oct Tuesday | €0.098 | €0.056 13:00 | €0.174 19:00 | – | €0.223 |
| 2 Oct Wednesday | €0.094 | €0.065 13:00 | €0.124 07:00 | – | €0.218 |
| 3 Oct Thursday | €0.067 | €0.008 03:00 | €0.127 20:00 | – | €0.186 |
| 4 Oct Friday | €0.099 | €0.049 14:00 | €0.146 20:00 | – | €0.224 |
| 5 Oct Saturday | €0.060 | €0.000 13:00 | €0.109 07:00 | – | €0.177 |
| 6 Oct Sunday | €0.022 | €0.000 12:00 | €0.085 20:00 | 3 | €0.130 |
| 7 Oct Monday | €0.055 | €0.027 14:00 | €0.108 07:00 | – | €0.171 |
| 8 Oct Tuesday | €0.031 | €0.000 14:00 | €0.090 19:00 | – | €0.141 |
| 9 Oct Wednesday | €0.025 | €0.001 02:00 | €0.061 19:00 | – | €0.133 |
| 10 Oct Thursday | €0.076 | €0.040 11:00 | €0.180 19:00 | – | €0.196 |
| 11 Oct Friday | €0.087 | €0.058 12:00 | €0.111 07:00 | – | €0.210 |
| 12 Oct Saturday | €0.070 | €0.039 02:00 | €0.120 19:00 | – | €0.189 |
| 13 Oct Sunday | €0.053 | €0.000 14:00 | €0.121 20:00 | – | €0.168 |
| 14 Oct Monday | €0.104 | €0.071 15:00 | €0.179 19:00 | – | €0.231 |
| 15 Oct Tuesday | €0.087 | €0.070 03:00 | €0.126 19:00 | – | €0.210 |
| 16 Oct Wednesday | €0.049 | €0.003 12:00 | €0.112 19:00 | – | €0.163 |
| 17 Oct Thursday | €0.051 | €0.000 14:00 | €0.085 23:00 | – | €0.166 |
| 18 Oct Friday | €0.064 | €0.030 02:00 | €0.110 18:00 | – | €0.181 |
| 19 Oct Saturday | €0.050 | €0.005 15:00 | €0.092 20:00 | – | €0.164 |
| 20 Oct Sunday | €0.051 | €0.000 13:00 | €0.126 20:00 | – | €0.166 |
| 21 Oct Monday | €0.094 | €0.064 03:00 | €0.181 19:00 | – | €0.218 |
| 22 Oct Tuesday | €0.080 | €0.050 12:00 | €0.125 18:00 | – | €0.201 |
| 23 Oct Wednesday | €0.087 | €0.056 13:00 | €0.156 18:00 | – | €0.210 |
| 24 Oct Thursday | €0.070 | €0.025 14:00 | €0.120 07:00 | – | €0.189 |
| 25 Oct Friday | €0.064 | €0.040 15:00 | €0.103 19:00 | – | €0.181 |
| 26 Oct Saturday | €0.051 | €0.005 14:00 | €0.091 18:00 | – | €0.165 |
| 27 Oct Sunday | €0.078 | €0.040 11:00 | €0.129 18:00 | – | €0.198 |
| 28 Oct Monday | €0.076 | €0.043 02:00 | €0.149 17:00 | – | €0.196 |
| 29 Oct Tuesday | €0.073 | €0.049 03:00 | €0.099 19:00 | – | €0.193 |
| 30 Oct Wednesday | €0.084 | €0.045 02:00 | €0.145 17:00 | – | €0.206 |
| 31 Oct Thursday | €0.101 | €0.071 03:00 | €0.149 19:00 | – | €0.227 |
/kWh · Today · Methodology