Spain electricity prices for Monday, August 31

The wholesale electricity price in Spain for Monday, August 31, 2026, is recorded at an average of 106.51 €/MWh. For consumers on the regulated PVPC tariff, this translates to a daily average of 0.1725 €/kWh.

Significant price fluctuations are expected throughout the day. The lowest price period occurs between 14:00 and 15:00, reaching 0.03448 €/kWh. Experts suggest the window between 14:00 and 17:00 offers the best opportunity for savings. Conversely, the highest prices are expected between 21:00 and 22:00, peaking at 0.35644 €/kWh.

Factors influencing these market prices include international gas prices used in combined cycle plants and the cost of CO2 emission rights. The current levels reflect a reduction in daily MWh prices aided by gas price caps.