Monthly report · day-ahead marketElectricity prices in Spain, May 2024
In May 2024, electricity on the day-ahead market in Spain cost an average of €0.030/kWh (€30.40/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around €0.090/kWh.
That is 122% more than in April 2024.
The cheapest day was Friday, 31 May 2024, averaging €0.003/kWh; the most expensive was Friday, 24 May 2024 at €0.072/kWh.
The lowest price came on 1 May 2024 at 15:00 (-€0.001/kWh), the highest on 16 May 2024 at 21:00 (€0.120/kWh). In total, prices were below zero for 35 hours.
On an average day, the cheapest three hours were 14:00–17:00. Weekends were on average 21% cheaper than weekdays.
Compared with
- Previous month (April 2024)
- €0.014 ▲
- Weekdays
- €0.032
- Weekends
- €0.025
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 · 14:00–17:00
All days
| Day | Average | Lowest | Highest | Hours < 0 | Final (est.) |
|---|---|---|---|---|---|
| 1 May Wednesday | €0.013 | -€0.001 15:00 | €0.035 00:00 | 8 | €0.038 |
| 2 May Thursday | €0.016 | €0.000 14:00 | €0.059 21:00 | – | €0.084 |
| 3 May Friday | €0.026 | €0.000 16:00 | €0.067 21:00 | – | €0.097 |
| 4 May Saturday | €0.015 | €0.000 11:00 | €0.035 22:00 | – | €0.041 |
| 5 May Sunday | €0.018 | -€0.001 14:00 | €0.054 21:00 | 3 | €0.044 |
| 6 May Monday | €0.048 | €0.004 16:00 | €0.098 21:00 | – | €0.124 |
| 7 May Tuesday | €0.042 | €0.000 12:00 | €0.100 07:00 | – | €0.117 |
| 8 May Wednesday | €0.021 | €0.003 12:00 | €0.063 21:00 | – | €0.091 |
| 9 May Thursday | €0.034 | €0.000 12:00 | €0.105 21:00 | – | €0.106 |
| 10 May Friday | €0.029 | €0.000 13:00 | €0.076 07:00 | – | €0.100 |
| 11 May Saturday | €0.021 | €0.000 16:00 | €0.044 21:00 | 3 | €0.048 |
| 12 May Sunday | €0.022 | -€0.001 15:00 | €0.062 21:00 | 6 | €0.050 |
| 13 May Monday | €0.023 | €0.000 12:00 | €0.050 08:00 | – | €0.093 |
| 14 May Tuesday | €0.008 | €0.000 15:00 | €0.035 21:00 | 3 | €0.074 |
| 15 May Wednesday | €0.014 | €0.000 12:00 | €0.051 22:00 | – | €0.082 |
| 16 May Thursday | €0.032 | €0.000 15:00 | €0.120 21:00 | – | €0.105 |
| 17 May Friday | €0.053 | €0.011 16:00 | €0.103 07:00 | – | €0.131 |
| 18 May Saturday | €0.033 | €0.000 12:00 | €0.074 22:00 | – | €0.064 |
| 19 May Sunday | €0.027 | -€0.001 15:00 | €0.058 00:00 | 2 | €0.056 |
| 20 May Monday | €0.033 | €0.001 15:00 | €0.059 21:00 | – | €0.105 |
| 21 May Tuesday | €0.046 | €0.007 16:00 | €0.073 08:00 | – | €0.122 |
| 22 May Wednesday | €0.045 | €0.003 15:00 | €0.075 21:00 | – | €0.120 |
| 23 May Thursday | €0.060 | €0.026 15:00 | €0.092 22:00 | – | €0.140 |
| 24 May Friday | €0.072 | €0.035 15:00 | €0.117 21:00 | – | €0.154 |
| 25 May Saturday | €0.044 | €0.000 14:00 | €0.095 00:00 | – | €0.077 |
| 26 May Sunday | €0.025 | -€0.001 15:00 | €0.057 00:00 | 6 | €0.054 |
| 27 May Monday | €0.031 | €0.006 16:00 | €0.054 21:00 | – | €0.103 |
| 28 May Tuesday | €0.027 | €0.000 13:00 | €0.071 21:00 | – | €0.098 |
| 29 May Wednesday | €0.039 | €0.011 16:00 | €0.070 22:00 | – | €0.113 |
| 30 May Thursday | €0.024 | €0.000 14:00 | €0.051 00:00 | – | €0.095 |
| 31 May Friday | €0.003 | €0.000 14:00 | €0.010 00:00 | 4 | €0.067 |
/kWh · Today · Methodology