Spain electricity wholesale prices drop to 116.51 €/MWh

The average wholesale electricity price in Spain for Saturday, August 15, 2026, is set at 116.51 €/MWh, according to data from the Iberian Energy Market Operator (OMIE). This figure marks a decrease following a recent upward trend in prices.

Electricity costs are expected to fluctuate significantly throughout the day. The most economical period for consumption is identified between 12:00 and 16:00, with the lowest prices occurring in the early afternoon. Conversely, prices are expected to rise during the early morning hours and again in the evening, particularly after 19:00.

While the wholesale price serves as a reference for regulated tariff customers, it does not represent the final consumer cost, which includes additional taxes, charges, and fees. Factors influencing broader European energy trends include international gas prices and carbon dioxide emission rights.