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63 clusters · 186 sources · 83 days · First seen · Last updated

Categories: BUSINESS · TECHNOLOGY · POLITICS

Spain fuel prices and electricity rates

Overview

The emergency fuel VAT that ended on 1 July 2026 pushed gasoline prices up more than 6 % and added roughly €5 to a full 55‑L diesel fill‑up. A July study in Extremadura showed 47 % of motorists now prioritise low‑cost stations, up from 41 % a year earlier, and many would switch for savings of about €0.10 per litre. National averages on 20 July 2026 were €1.64 /L for 95‑octane gasoline and €1.71 /L for diesel, with discount chains such as Costco, Alcampo, Ballenoil, Plenergy and Petroprix offering the cheapest rates—some stations as low as €1.319 /L for gasoline and €1.227 /L in the Canary Islands. Regional lows were recorded in Andalusia (≈ €1.329 /L) and Tenerife (≈ €1.315 /L diesel). These daily updates help drivers locate the most affordable pumps. Wholesale electricity prices on the OMIE market averaged €90.74 /MWh on 18 July, falling to a low of €0.0217 /kWh (≈ 22 €/MWh) between 13:00‑16:00 and peaking at €0.2043 /kWh (≈ 204 €/MWh) around 07:00‑08:00. On 20 July the regulated PVPC tariff surged 44.39 % in a single day, lifting the average to €136 /MWh and sending many monthly bills above €60. The cheapest window remained 13:00‑16:00 (≈ €0.11 /kWh), while night‑time rates topped €0.30 /kWh, with a brief spike to €227 /MWh during the World Cup final. Vulnerable households in the Balearic Islands can receive a Social Electricity Bonus to offset costs. Spain’s oil consumption hit a ten‑year high of 1.27 million bpd in 2025, with total liquid fuel use near 1.32 million bpd and external energy dependence steady at about 68 % in 2024.

Timeline

  1. 2 days ago

    [BUSINESS] 13 sources
    Fuel Prices Surge Across Spain, Mexico, Chile and Guatemala

    Fuel prices climbed in Spain, Mexico, Chile and Guatemala in late July 2026, with Spain seeing up to 13 % hikes and protests over higher costs in Guatemala.

  2. 2 days ago

    [BUSINESS] 8 sources
    Spain's electricity price surge strains households and firms

    Spain's electricity prices jumped 44% in July, hitting households with night rates above €0.30/kWh and a World Cup peak of €227/MWh; cheap rates occur midday, and a Social Electricity Bonus helps vulnerable Bal

  3. 3 days ago

    [BUSINESS] 7 sources
    Spain heatwave lifts cooling electricity demand by 30% and sparks investment focus

    A 30‑day heatwave in Spain raised cooling‑related electricity demand 30%, prompting Goldman Sachs to flag 42 firms for investment in the sector.

  4. 4 days ago

    [BUSINESS] 11 sources
    Fuel price hikes in Mexico, Spain and Honduras raise consumer costs

    July 2026 fuel prices rise across Mexico, Spain and Honduras, prompting cost‑saving measures and highlighting growing consumer burden.

  5. 4 days ago

    [BUSINESS] 3 sources
    Spain's oil use hits ten‑year high as external energy dependence stays near 70%

    Spain's oil consumption hit a ten‑year peak in 2025 and external energy dependence stayed around 68‑70% in 2024, despite rising renewables, weak grid links and limited storage.

  6. 5 days ago

    [BUSINESS] 7 sources
    Spain's electricity rates show cheap valleys and costly peaks on July 18, 2026

    Spain's July 18, 2026 electricity price averaged 90.74 €/MWh, with cheap hours at 13‑16 h and peaks at 07‑08 h; experts recommend using appliances during off‑peak periods.

  7. 7 days ago

    [BUSINESS] 2 sources
    Iberian electricity market sees sharp price jump on July 15, 2026

    On July 15, 2026 the Iberian wholesale electricity price hit €138.11/MWh, up 11.3% day‑on‑day and 66% YoY; cheapest hour was €90.98/MWh, peak €191.95/MWh. PVPC averages €190.76/MWh, ranging €122‑€327.

  8. 10 days ago

    [BUSINESS] 3 sources
    Spain's wholesale electricity price falls sharply on July 12, 2026

    Spain’s wholesale electricity price plunged on 12 July 2026, with near‑zero rates overnight and cheap midday hours, while weekday prices rose to €124.96/MWh, prompting consumers to shift usage to low‑price time

  9. 11 days ago

    [BUSINESS] 3 sources
    Spain gasoline and diesel prices hover around €1.55‑€1.60 per litre in early July 2026

    In Spain, early‑July 2026 average fuel prices were €1.56‑€1.58 for gasoline 95, €1.74‑€1.75 for gasoline 98 and €1.57‑€1.60 for diesel, with discount stations like Costco and Alcampo offering lower rates and a

  10. 11 days ago

    [TECHNOLOGY] 4 sources
    Spain's heat wave pushes electricity demand to five-year high

    A July heat wave in Spain drove electricity demand to its highest level in five years, spiking consumption by up to 9% and prompting grid operators to activate demand‑response measures; experts also outlined七 ​

  11. 12 days ago

    [BUSINESS] 2 sources
    Spanish households can cut electricity bills by adjusting contracted power

    Six out of ten Spanish homes over‑pay for excess contracted power; checking and adjusting it can cut fixed electricity costs by up to 40 % while preventing outages.

  12. 12 days ago

    [BUSINESS] 4 sources
    Spain sees up to €18.50 per tank price gap as fuel costs differ sharply by province

    Fuel prices in Spain vary widely; Canary Islands are cheapest, Balearics most expensive, and in Segovia a 50‑litre tank can differ by up to €18.50 depending on station.

  13. 12 days ago

    [BUSINESS] 5 sources
    Extremadura drivers favor low‑price gas stations

    41% of Extremadura drivers now prefer low‑price gas stations, up six points from 2024; price is the main factor, with many willing to switch for a €0.10/litre saving.

  14. 13 days ago

    [BUSINESS] 14 sources
    Spain's electricity prices surge in July 2026

    Spain’s wholesale electricity price jumped to over 200 €/MWh on 13 July 2026, with the PVPC tariff exceeding 176 €/MWh earlier in the week, prompting consumers to shift usage away from evening peaks.

  15. 13 days ago

    [BUSINESS] 6 sources
    Spain sees gasoline price jump of over 6% after ending fuel subsidies

    Spain’s gasoline price rose over 6% and diesel by €1.70 per tank after the government ended fuel subsidies and restored the 21% VAT, pushing drivers to low‑cost stations.

  16. 14 days ago

    [TECHNOLOGY] 3 sources
    Andalusia, Spain hits peak electricity demand and blackouts amid heat wave

    A heat wave in Andalusia drove electricity demand to a summer record and caused daily rolling blackouts for residents in Córdoba, prompting complaints and inspections by Endesa.

  17. 15 days ago

    [BUSINESS] 4 sources
    Spain's electricity price varies sharply on July 7, 2026

    Spain's regulated electricity price on July 7 2026 averaged 0.168 €/kWh, cheapest at 15:00‑16:00 (0.082 €/kWh) and most expensive at 21:00‑22:00 (0.298 €/kWh).

  18. 15 days ago

    [BUSINESS] 2 sources
    Spanish municipalities offer tax rebates to boost residential solar adoption

    Two‑thirds of Spanish municipalities now cut IBI for home solar panels, benefiting 32 million residents, with most incentives easy to meet.

  19. 18 days ago

    [POLITICS] 2 sources
    Spain to scrap 7% electricity production tax in 2028

    Spain will eliminate the 7% electricity production tax (IVPEE) by 2028, after debt repayment, potentially cutting household bills up to 6% and ending a contentious levy.

  20. 18 days ago

    [BUSINESS] 4 sources
    Spain to publish public list of gas stations with unjustified price hikes

    Spain's new fuel law mandates CNMC to list stations with unjustified price hikes, while average gasoline prices sit around €1.54 / l and several low‑cost pumps are identified nationwide.

  21. 19 days ago

    [BUSINESS] 4 sources
    Spain fuel prices rise as VAT returns to 21% level

    Spain’s fuel prices rose on July 1 as VAT returned to 21%, adding about 8.5 cents per litre to gasoline and 4.3 cents to diesel, with the government planning phased hydrocarbon‑tax cuts.

  22. 20 days ago

    [BUSINESS] 10 sources
    Spain electricity prices surge in early July 2026

    Spain's wholesale electricity price hit 63.81 €/MWh on 5 July 2026, up 30% from the day before, with lows of 0.0267 €/kWh at 9‑10 am and peaks near 0.22 €/kWh at night; a further 57% rise is forecast for 6 July

  23. 21 days ago

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

    OMIE posted hourly electricity prices for Spain on 1‑2 July 2026, showing daily averages of €213.80/MWh and €194.41/MWh with peak rates up to €125.88/kWh and lows down to €63.75/kWh.

  24. 21 days ago

    [BUSINESS] 2 sources
    Spain extends fuel tax discounts for self‑employed and SMEs

    Spain prolongs fuel and electricity tax rebates for self‑employed and SMEs until September 2026, with a staged reduction and a clause to reactivate if energy prices rise again.

  25. 22 days ago

    [BUSINESS] 4 sources
    Brazil's electricity bills rise in July as Aneel keeps yellow tariff flag

    Aneel maintained the yellow tariff flag for July, raising Brazil's electricity bills by R$1.89 per 100 kWh due to low hydro reserves and reliance on costlier thermoelectric plants.

  26. 22 days ago

    [BUSINESS] 10 sources
    Home Credit posts 42% profit surge as Czech consumer loan market expands

    Home Credit’s profit jumped 42% to CZK 517 m; GasNet profit rose to CZK 2.87 bn; Czech budget deficit hit CZK 183.6 bn; ČEPS profit up 35% with record CZK 10.8 bn investment; foreign firms earned CZK 613 bn, 39

  27. 22 days ago

    [BUSINESS] 5 sources
    Croatia cuts retail fuel prices after adjusting excise taxes

    Croatia lowered maximum retail fuel prices, adjusting taxes and subsidies to offset energy market disruptions.

  28. 23 days ago

    [POLITICS] 14 sources
    Spain raises fuel taxes as VAT ends, adds temporary discounts and regulator monitoring

    Spain ends its 10 % fuel VAT on 1 July, raising gasoline by ~11 cents/litre, diesel by ~5 cents, adds temporary per‑litre discounts and CNMC will publish a list of stations not passing the rebate.

  29. 24 days ago

    [BUSINESS] 6 sources
    Spain sees sharp rise in electricity and fuel costs in June 2026

    Spain's electricity price hit 144.96 €/MWh on June 29, while regulated households saw 0.0994 €/kWh on June 28. Gasoline averaged €1.47‑€1.62 / l. A pending VAT cut expiry may add 25‑30 cents per litre. Solar‑+‑

  30. 24 days ago

    [BUSINESS] 3 sources
    Spanish households increasingly turn to electricity price comparators

    In Spain, 35.8% of households switching electricity used online comparators, while the wholesale price on 28 June 2026 dropped to €66.46/MWh, its lowest since 2022.

  31. 25 days ago

    [BUSINESS] 10 sources
    Spain’s gasoline prices vary widely across stations on June 27, 2026

    Spain’s average fuel prices on 27 June 2026 were €1.44/L for 95‑octane gasoline, €1.62/L for 98‑octane and €1.51/L for diesel, with cheapest rates at chains like Costco and Alcampo. The rise has sparked debate‑

  32. 27 days ago

    [BUSINESS] 7 sources
    Spain’s wholesale electricity price spikes to 148 €/MWh on June 26 2026

    Spain’s wholesale electricity price rose to €87.5 /MWh on 26 June 2026, peaking at €148.5 /MWh between 22‑23 h; the cheapest hour was 15‑16 h at €3.93 /MWh. Heat‑driven demand pushes regulated tariffs up to € ≈

  33. 27 days ago

    [BUSINESS] 2 sources
    Czech electricity market hits record evening price spikes amid heatwave

    Czech electricity prices peaked above 692 EUR/MWh in the evening as heat, high cooling demand and low wind output drove record spikes across Europe, boosting the case for battery storage.

  34. 28 days ago

    [BUSINESS] 2 sources
    India's Grid Strain and Europe's Power Price Surge Amid Heatwave

    Heatwaves are driving soaring air‑conditioning demand, straining India’s power grid and pushing European electricity prices to record highs.

  35. 28 days ago

    [BUSINESS] 6 sources
    Spain's wholesale electricity price peaks at night, cheapest early morning hours

    Spain's wholesale electricity price hit night‑time peaks (€146‑147/kWh) and early‑morning lows (€115‑124/kWh) on 24‑25 June 2026; officials also debate adding neighbour‑consumption data to bills, sparking a ‑ ​

  36. 29 days ago

    [BUSINESS] 6 sources
    Spain's electricity prices surge as European heatwave pushes rates to record highs

    Spain's electricity prices hit record highs in late June as a European heatwave spiked demand, reduced wind output and pushed wholesale rates above €80/MWh across the region.

  37. about 1 month ago

    [BUSINESS] 8 sources
    Spain's wholesale electricity price spikes to 112 €/MWh amid heat wave

    Spain’s wholesale electricity price jumped to 112 €/MWh on 23 June 2026, with peaks near 175 €/MWh at night and lows around 72 €/MWh midday, driven by heat‑wave demand and reduced solar output.

  38. about 1 month ago

    [POLITICS] 5 sources
    Ecuador extends diesel compensation for inter‑provincial transporters to nine months

    Ecuador’s President Daniel Noboa signed Decree 428, extending diesel compensation for inter‑provincial transporters to nine months to cushion fuel‑price shocks and limit fare hikes.

  39. about 1 month ago

    [BUSINESS] 2 sources
    Spain’s Renewable Expansion Cuts Household Power Bills Amid Iran Conflict

    Spain’s wind‑solar surge reduced gas’s share in power generation, keeping wholesale prices low and saving households about €10 a month as the Iran war hit European markets.

  40. about 1 month ago

    [BUSINESS] 2 sources
    Flogas raises Irish residential electricity and gas prices by up to 12%

    Flogas will increase Irish residential electricity (10.9%) and gas (11.8%) prices from 20 July, prompting criticism from Deputy Pearse Doherty over household impact.

  41. about 1 month ago

    [BUSINESS] 2 sources
    Spain electricity prices plunge in late June 2026

    Spain’s wholesale electricity price fell to 66.35 €/MWh on 20 June, hitting a negative hour, and the PVPC average dropped to 0.0918 €/kWh on 21 June – 30‑35 % below normal. Algeria now supplies the most gas to

  42. about 1 month ago

    [BUSINESS] 2 sources
    Spain's electricity price varies by hour on June 19 and June 21, 2026

    Spain's electricity price averaged 85.28 €/MWh on June 19 (cheapest 13‑14 h at 1.35 €/MWh, costliest 22‑23 h at 148.47 €/MWh) and 190.01 €/MWh on June 21 (low 9‑10 h at 0.21 €/MWh, high 22‑23 h at 139.29 €/MWh)

  43. about 1 month ago

    [BUSINESS] 2 sources
    Spain electricity prices surge on June 18‑19, 2026

    Spain’s wholesale electricity price hit €225.16 /MWh on 19 June, with peaks at €148.47 /MWh, while the previous day averaged €92.64 /MWh; consumers are urged to use appliances during cheaper hours.

  44. about 1 month ago

    [BUSINESS] 2 sources
    Spain to End Fuel VAT Relief; Experts Advise Summer Fuel‑Saving Tips

    Spain may drop the fuel‑VAT cut on June 30, prompting higher summer fuel costs. Experts advise checking tire pressure, replacing air filters, shedding excess weight and driving smoothly to cut consumption.

  45. about 1 month ago

    [BUSINESS] 3 sources
    Spain's renewables cut household electricity bills by €10 a month

    Ember reports Spain's wind‑solar surge cut gas‑driven electricity pricing, saving households €10 monthly and keeping wholesale power prices low, with rapid renewable and battery growth since 2025.

  46. about 1 month ago

    [BUSINESS] 4 sources
    Spain's electricity bills drop as renewables offset energy‑crisis price shocks

    Spain's electricity bills fell about €10 a month as wind and solar growth cut gas's price impact, keeping wholesale rates among Europe's lowest despite the Iran‑related energy crisis.

  47. about 1 month ago

    [BUSINESS] 2 sources
    Spain's wholesale electricity price spikes in mid‑June 2026

    Spain's wholesale electricity price jumped 33.8% to 60.48 €/MWh on 14 June 2026, peaking at 137.43 €/MWh; the next day saw lows of 0.84 €/MWh and peaks above 150 €/MWh.

  48. about 1 month ago

    [BUSINESS] 3 sources
    Irish households face €1,000 extra annual costs as energy prices surge

    Irish households face at least €1,000 extra yearly costs, with over half a million in energy arrears, as ECB rate hikes and soaring fuel prices strain budgets.

  49. about 1 month ago

    [BUSINESS] 5 sources
    Spain's wholesale power price hits 29.55 €/MWh on June 12, lowest since May 24

    Spain's wholesale electricity price fell to 29.55 €/MWh on 12 June, the lowest since 24 May, with eight hours of near‑zero rates; it rose to 45.19 €/MWh on 13 June, cheapest between 09:00‑12:00.

  50. about 1 month ago

    [POLITICS] 2 sources
    Croatian farmers warn of crisis as diesel prices surge and new tax hike looms

    Croatian farmers protest a planned tax rise and cite soaring diesel and fertilizer costs, urging the government to protect the sector.

  51. about 1 month ago

    [BUSINESS] 2 sources
    Spain and Guatemala brace for fuel subsidy cuts, gasoline prices set to rise sharply

    Spain may see gasoline rise up to 30 cents per litre as a fuel tax break ends in July, while Guatemala’s Q2‑billion fuel subsidy is set to run out by mid‑July, prompting price hikes.

  52. about 1 month ago

    [BUSINESS] 3 sources
    Portugal and Ecuador see fuel price hikes in June 2026

    Portugal adjusts fuel taxes, raising diesel prices, while Ecuador prepares a 5% price increase on gasoline and diesel for 12 June 2026, affecting drivers in both countries.

  53. about 1 month ago

    [BUSINESS] 2 sources
    EU warns Spain on regional taxes and language labeling, urges VAT rise for hospitality

    EU warns Spain that regional taxes and language‑label rules hinder the single market and recommends a VAT rise for hospitality; Spain’s finance minister cites record tax receipts while defending cuts for low‑in

  54. about 2 months ago

    [POLITICS] 2 sources
    Spain to raise VAT on bars, restaurants and hotels, warning of chain closures

    Spain may raise VAT on bars, restaurants and hotels, prompting industry leaders to warn of widespread closures and higher consumer prices.

  55. about 2 months ago

    [BUSINESS] 2 sources
    Montenegro reinstates full fuel excise as Croatia grapples with rising inflation

    Montenegro restores full fuel excise, raising diesel prices, while Croatia implements anti‑inflation measures amid soaring energy costs.

  56. about 2 months ago

    [BUSINESS] 3 sources
    Spain's electricity bills rise as tax cuts end and gas prices weigh

    Spain’s wholesale electricity price fell to €51.08/MWh on 2 June, but household bills rose 24 % in May to €75.63 as tax cuts end and gas‑price pressures persist.

  57. about 2 months ago

    [POLITICS] 2 sources
    Spain Reverts VAT on Energy, Faces EU Pressure on Hospitality Tax Breaks

    Spain reinstated the 21 % VAT on electricity and gas, raising household bills by about 15 %, while the EU Commission urged the government to limit hospitality VAT cuts to improve fiscal sustainability.

  58. 2 months ago

    [POLITICS] 2 sources
    Portugal's fuel tax rise sparks criticism and regional relief measures

    Portugal's fuel tax hike draws criticism, while the Azores cuts its regional levy to ease price pressures.

  59. 2 months ago

    [POLITICS] 2 sources
    Ireland criticised over sky‑high energy bills and regulator mandate

    Irish government criticised over enduring high energy bills despite falling wholesale costs; debate on strengthening CRU regulator.

  60. 2 months ago

    [BUSINESS] 4 sources
    Norway's April CPI slows as fuel tax cut tempers price surge

    Norway's CPI rose 3.4% YoY in April, slowed by a fuel tax cut that dropped fuel prices 10.6% MoM; food prices up 6.6% YoY.

  61. 3 months ago

    [POLITICS] 2 sources
    Ireland government weighs VAT cut on energy bills amid soaring prices

    Ireland debates a VAT cut on electricity to ease household costs, but EU approval and fiscal impacts are concerns.

  62. 3 months ago

    [POLITICS] 12 sources
    Portugal's Socialist Party Calls for Fuel VAT Cut as Prices Set to Rise

    Portugal's Socialists demand a VAT drop on fuel from 23% to 13% amid imminent price hikes.

  63. 3 months ago

    [POLITICS] 8 sources
    Norway's Conservative Party urges pause on fuel-tax cuts

    Norway's Conservative Party seeks a pause on fuel-tax cuts amid concerns of illegal state aid and potential repayment obligations.

Sources

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