Spain's electricity market posts hourly price details for July 1‑2, 2026

The Iberian electricity market operator OMIE reported the wholesale price of electricity for Thursday, 2 July 2026, at a daily average of €194.41/MWh. The highest price that day was €118.27/kWh between 22:00‑23:00, while the lowest price was €63.75/kWh between 01:00‑02:00.

For Wednesday, 1 July 2026, the market average was €213.80/MWh. The most expensive hour was 07:00‑08:00 at €125.88/kWh, and the cheapest hour was 22:00‑23:00 at €97.33/kWh. Both days showed sharp hourly fluctuations, prompting consumer advice to shift high‑consumption appliances to cheaper periods and consider indexed tariffs that mirror wholesale prices.

These updates illustrate the dynamic nature of Spain’s power market, where supply‑demand balances cause significant price swings throughout the day.