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[BUSINESS] · Spain · 3 sources

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Spain electricity prices show significant fluctuations for August 28, 2026

Electricity prices in Spain on Friday, August 28, 2026, show significant fluctuations throughout the day, offering substantial savings opportunities during specific windows. The average wholesale price for the day is reported at 103.78 €/MWh.

The most economical period for electricity consumption occurs between 11:00 and 18:00. Specifically, prices drop to near zero (0.00 €/MWh) between 12:00 and 13:00, and again between 15:00 and 17:00. The lowest recorded price per kWh is approximately 0.0438 €/kWh during the 14:00 to 15:00 hour.

Conversely, the most expensive period is during the late evening, particularly between 21:00 and 22:00, when prices can reach up to 214.75 €/MWh or 0.35804 €/kWh. High costs are also noted in the early morning hours. Factors influencing these market prices include international gas prices and the cost of carbon dioxide (CO2) emission rights.