Monthly report · day-ahead marketElectricity prices in Portugal, January 2026
In January 2026, electricity on the day-ahead market in Portugal cost an average of €0.071/kWh (€71.19/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around €0.188/kWh.
That is 9% less than in December 2025 and 26% less than in January 2025.
The cheapest day was Friday, 30 January 2026, averaging €0.005/kWh; the most expensive was Monday, 19 January 2026 at €0.129/kWh.
The lowest price came on 31 January 2026 at 10:45 (-€0.001/kWh), the highest on 19 January 2026 at 17:45 (€0.200/kWh). In total, prices were below zero for 12.5 hours.
On an average day, the cheapest three hours were 02:00–05:00. Weekends were on average 10% cheaper than weekdays.
Compared with
- Previous month (December 2025)
- €0.078 ▼
- Same month last year
- €0.097 ▼
- Weekdays
- €0.073
- Weekends
- €0.066
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 · 02:00–05:00
All days
| Day | Average | Lowest | Highest | Hours < 0 | Final (est.) |
|---|---|---|---|---|---|
| 1 Jan Thursday | €0.082 | €0.052 09:45 | €0.112 23:00 | – | €0.201 |
| 2 Jan Friday | €0.083 | €0.055 03:00 | €0.109 20:00 | – | €0.203 |
| 3 Jan Saturday | €0.088 | €0.073 05:00 | €0.112 16:45 | – | €0.209 |
| 4 Jan Sunday | €0.067 | €0.050 04:30 | €0.100 20:00 | – | €0.183 |
| 5 Jan Monday | €0.095 | €0.062 02:15 | €0.131 17:45 | – | €0.218 |
| 6 Jan Tuesday | €0.063 | €0.002 10:45 | €0.124 19:15 | – | €0.178 |
| 7 Jan Wednesday | €0.102 | €0.081 02:45 | €0.147 17:45 | – | €0.226 |
| 8 Jan Thursday | €0.082 | €0.060 13:15 | €0.109 07:30 | – | €0.201 |
| 9 Jan Friday | €0.053 | €0.006 13:00 | €0.093 18:15 | – | €0.166 |
| 10 Jan Saturday | €0.073 | €0.026 11:45 | €0.130 17:45 | – | €0.191 |
| 11 Jan Sunday | €0.081 | €0.050 11:00 | €0.108 23:00 | – | €0.200 |
| 12 Jan Monday | €0.089 | €0.060 03:00 | €0.129 17:45 | – | €0.209 |
| 13 Jan Tuesday | €0.096 | €0.074 03:15 | €0.151 20:00 | – | €0.218 |
| 14 Jan Wednesday | €0.118 | €0.087 01:45 | €0.185 17:45 | – | €0.245 |
| 15 Jan Thursday | €0.106 | €0.084 04:15 | €0.139 20:00 | – | €0.231 |
| 16 Jan Friday | €0.119 | €0.094 01:45 | €0.163 16:45 | – | €0.247 |
| 17 Jan Saturday | €0.127 | €0.111 09:45 | €0.167 20:00 | – | €0.257 |
| 18 Jan Sunday | €0.118 | €0.096 12:00 | €0.180 19:30 | – | €0.246 |
| 19 Jan Monday | €0.129 | €0.098 04:00 | €0.200 17:45 | – | €0.259 |
| 20 Jan Tuesday | €0.102 | €0.082 03:45 | €0.132 17:45 | – | €0.226 |
| 21 Jan Wednesday | €0.082 | €0.064 02:45 | €0.100 19:00 | – | €0.202 |
| 22 Jan Thursday | €0.060 | €0.020 23:45 | €0.092 08:00 | – | €0.174 |
| 23 Jan Friday | €0.038 | €0.001 09:45 | €0.112 19:15 | – | €0.148 |
| 24 Jan Saturday | €0.021 | €0.002 14:00 | €0.048 23:00 | – | €0.126 |
| 25 Jan Sunday | €0.011 | €0.000 11:45 | €0.040 20:00 | – | €0.114 |
| 26 Jan Monday | €0.034 | €0.001 01:45 | €0.090 19:15 | – | €0.142 |
| 27 Jan Tuesday | €0.029 | €0.003 22:45 | €0.099 19:15 | – | €0.136 |
| 28 Jan Wednesday | €0.027 | €0.002 01:15 | €0.095 08:00 | – | €0.134 |
| 29 Jan Thursday | €0.019 | €0.001 05:00 | €0.035 19:00 | – | €0.124 |
| 30 Jan Friday | €0.005 | €0.000 04:45 | €0.022 19:15 | – | €0.106 |
| 31 Jan Saturday | €0.005 | -€0.001 10:45 | €0.035 18:45 | 12.50 | €0.107 |
/kWh · Today · Methodology