Spain's wholesale electricity price spikes in mid‑June 2026
The Iberian wholesale electricity market (OMIE) recorded a sharp increase on Sunday 14 June 2026, with the average price rising to 60.48 €/MWh – a 33.83% jump from the previous day. Prices peaked at 137.43 €/MWh between 22:00 and 23:00, while the cheapest hour, 12:00‑13:00, fell to –2.10 €/MWh. Nine time slots throughout the day stayed below €1.
The following day, Monday 15 June, saw a markedly different pattern. The lowest price occurred at 13:00‑14:00 at 0.84 €/MWh, and the 11:00‑16:00 window remained the most economical. Night‑time rates surged, reaching 158.60 €/MWh at 21:00‑22:00 and staying above €120 €/MWh from 20:00 onward, with the highest hour‑by‑hour price hitting 156.48 €/MWh at 22:00‑23:00.