🇪🇸 Electricity spot price in Spain today – April 20, 2024

Electricity spot prices in Spain today, hour by hour. Including prices for the last 30 days.

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Electricity price today in Spain

Right now the price of electricity in Spain is   0.007 €/kWh -62,7 %

Highest electricity price today is 0.025 €/kWh at 00-01 Lowest electricity price today is 0.000 €/kWh at 16-17 On average the electricity price today is ~0.006 €/kWh
Detailed tabled Last 30 days

A shower costs today
0.04 € in Spain

Lowest price today: 0.15 € Highest price today: <0.01 €

10 min, 160 l of water = ~6 kWh

A bath costs today
0.05 € in Spain

Lowest price today: 0.19 € Highest price today: <0.01 €

200 liters of water = ~7,5 kWh

An oven at full blast all day costs today
0.14 € in Spain

 

1000W x 24 hours = 24 kWh

Boil 1 liter of water costs today
<0.01 € in Spain

Lowest price today: <0.01 € Highest price today: <0.01 €

Hot plate for 4 min = ~0,12 kWh

Bake a pizza costs today
0.01 € in Spain

Lowest price today: 0.03 € Highest price today: <0.01 €

Oven for 30 min = ~1,1 kWh

Charge an electric car costs today
0.32 € in Spain

Lowest price today: 1.11 € Highest price today: <0.01 €

Nissan Leaf 10-80% = ~45 kWh

More examples
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Electricity market in Spain

Energy sources in Spain

Spain's energy sector is characterized by a significant shift towards renewable energy sources. The country has made substantial investments in wind and solar power, which now constitute a major portion of its electricity generation. This shift reflects Spain's commitment to reducing carbon emissions and promoting sustainable energy practices. Traditional sources like coal and nuclear power still play a role, but their contribution is gradually decreasing as renewable sources take precedence.

Energy sources in Spain

Spain's geographical diversity, with abundant sunshine and favorable wind conditions, has been instrumental in the development of its renewable energy sector, particularly solar and wind power.

Main source of energy

Renewable energy, specifically wind and solar power, has emerged as the main source of electricity in Spain. The country is one of the world leaders in wind energy production, and its solar energy capacity is rapidly expanding. These renewable sources are pivotal in Spain's energy strategy, providing a cleaner, more sustainable alternative to fossil fuels.

The significant investments in renewable energy infrastructure underscore Spain's dedication to a sustainable and environmentally friendly energy future.

Spain in the EU electricity market

As a member of the European Union, Spain plays a crucial role in the EU electricity market. The country's focus on renewable energy aligns with the EU's goals of reducing carbon emissions and promoting sustainability. Spain's interconnectivity with Portugal and France enhances energy trading within the EU, contributing to the stability and efficiency of the regional electricity market.

This integration also allows Spain to export excess renewable energy, reinforcing its position as a key player in the European renewable energy sector.

Challenges and future prospects

Despite its achievements in renewable energy, Spain faces challenges in fully transitioning from traditional energy sources. Balancing the intermittent nature of renewable energy with the need for consistent electricity supply is a key concern. Energy storage solutions and grid modernization are critical areas for future development.

Continued investment in renewable technologies and infrastructure is expected, positioning Spain at the forefront of sustainable energy innovation. The country's commitment to a green energy transition not only serves its national interests but also contributes significantly to global environmental goals.


Energy saving tips

Take a shorter shower or install an energy-saving shower

With the energy-saving shower, you can save up to 50% energy compared to standard shower heads. Or you can shower half the time. With the electricity price today in Spain you can save 0.02 € for each shower.

Charge the electric car when electricity is cheapest

The price of electricity can fluctuate a lot during the day and charging an electric car consumes a lot of electricity. With the cost of electricity today in Spain it is 1.12 € cheaper to charge at the hours with the lowest price.

Questions and answers about electricity

What determines the electricity spot price?

Supply and demand determine the price of electricity in Europe. If there is a high production of electricity from power plants and demand is low, the price will fall. If, on the other hand, the production of electricity is small and demand is high, prices will increase. Therefore, the price of electricity is often highest in winter, as the need for electricity for heating is highest.

More questions and answers


All prices are current open market spot prices in the day-ahead segment without local vat, tax or other additions.

Timezone is Central European Time (CET) with Daylight Saving Time (DST). Current time: Sat, 20 Apr 2024 05:39

Data source is ENTSO-E