Electricity prices in Spain, July 2024
In July 2024, electricity on the day-ahead market in Spain cost an average of €0.072/kWh (€72.31/MWh); with taxes, network charges and a sample supplier margin, the estimated final price was around €0.133/kWh.
That is 29% 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 16:00 (-€0.001/kWh), the highest on 30 July 2024 at 21:00 (€0.142/kWh). In total, prices were below zero for 30 hours.
On an average day, the cheapest three hours were 14:00–17:00. Weekends were on average 39% cheaper than weekdays.
Compared with
- Previous month (June 2024)
- €0.056 ▲
- Weekdays
- €0.080
- 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 · 14:00–17:00
All days
| Day | Average | Lowest | Highest | Hours < 0 | Final (est.) |
|---|---|---|---|---|---|
| 1 Jul Monday | €0.053 | €0.010 16:00 | €0.099 22:00 | – | €0.120 |
| 2 Jul Tuesday | €0.047 | €0.004 15:00 | €0.110 21:00 | – | €0.113 |
| 3 Jul Wednesday | €0.062 | €0.004 16:00 | €0.108 21:00 | – | €0.130 |
| 4 Jul Thursday | €0.052 | -€0.001 15:00 | €0.100 07:00 | 2 | €0.119 |
| 5 Jul Friday | €0.060 | €0.001 15:00 | €0.106 22:00 | – | €0.128 |
| 6 Jul Saturday | €0.034 | -€0.001 16:00 | €0.101 00:00 | 8 | €0.060 |
| 7 Jul Sunday | €0.035 | -€0.001 16:00 | €0.105 22:00 | 8 | €0.061 |
| 8 Jul Monday | €0.073 | €0.032 14:00 | €0.115 21:00 | – | €0.143 |
| 9 Jul Tuesday | €0.070 | €0.008 14:00 | €0.142 22:00 | – | €0.139 |
| 10 Jul Wednesday | €0.088 | €0.045 15:00 | €0.132 22:00 | – | €0.160 |
| 11 Jul Thursday | €0.086 | €0.051 15:00 | €0.111 22:00 | – | €0.158 |
| 12 Jul Friday | €0.059 | €0.024 16:00 | €0.090 21:00 | – | €0.127 |
| 13 Jul Saturday | €0.051 | €0.000 14:00 | €0.107 22:00 | – | €0.080 |
| 14 Jul Sunday | €0.052 | -€0.001 15:00 | €0.110 22:00 | 7 | €0.081 |
| 15 Jul Monday | €0.054 | €0.004 13:00 | €0.109 22:00 | – | €0.121 |
| 16 Jul Tuesday | €0.087 | €0.060 16:00 | €0.125 21:00 | – | €0.160 |
| 17 Jul Wednesday | €0.094 | €0.070 16:00 | €0.127 22:00 | – | €0.168 |
| 18 Jul Thursday | €0.101 | €0.079 15:00 | €0.138 21:00 | – | €0.176 |
| 19 Jul Friday | €0.098 | €0.069 16:00 | €0.121 21:00 | – | €0.172 |
| 20 Jul Saturday | €0.051 | €0.000 14:00 | €0.102 00:00 | 1 | €0.080 |
| 21 Jul Sunday | €0.030 | €0.000 14:00 | €0.095 22:00 | 4 | €0.056 |
| 22 Jul Monday | €0.080 | €0.055 11:00 | €0.134 21:00 | – | €0.151 |
| 23 Jul Tuesday | €0.092 | €0.066 11:00 | €0.122 21:00 | – | €0.165 |
| 24 Jul Wednesday | €0.095 | €0.075 16:00 | €0.124 21:00 | – | €0.169 |
| 25 Jul Thursday | €0.089 | €0.059 16:00 | €0.117 21:00 | – | €0.162 |
| 26 Jul Friday | €0.095 | €0.071 16:00 | €0.122 21:00 | – | €0.169 |
| 27 Jul Saturday | €0.077 | €0.015 16:00 | €0.118 21:00 | – | €0.110 |
| 28 Jul Sunday | €0.063 | €0.000 11:00 | €0.126 22:00 | – | €0.094 |
| 29 Jul Monday | €0.109 | €0.093 15:00 | €0.135 21:00 | – | €0.185 |
| 30 Jul Tuesday | €0.100 | €0.064 16:00 | €0.142 21:00 | – | €0.174 |
| 31 Jul Wednesday | €0.105 | €0.080 16:00 | €0.142 21:00 | – | €0.181 |
/kWh · Today · Methodology