Portugal is enduring a dramatic surge in electricity prices after deciding to temporarily slash its power imports from Spain, whose grid collapse last week triggered a
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Last 30 Days : 2025-09-18 - 2025-10-20 Day Ahead Electricity Market - average prices for Portugal Download Chart 2025 Year - Day Ahead Electricity Market - average prices for Portugal
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For Portuguese consumers, the takeaway is clear: electricity costs are still nudging upward, but at a slower pace than most goods in the shopping basket.
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The lack of wind in Portugal today has exacerbated the situation, drastically reducing wind production and forcing greater dependence on more expensive sources such as natural gas and
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The lack of wind in Portugal today has exacerbated the situation, drastically reducing wind production and forcing greater dependence on more expensive sources such as
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These retail prices were collected in March 2025 and include the cost of power, distribution and transmission, and all taxes and fees. Compare Portugal with 150 other countries.
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Portugal is enduring a dramatic surge in electricity prices after deciding to temporarily slash its power imports from Spain, whose grid collapse last week triggered a blackout across the...
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Currently, Portugal has one of the highest electricity prices in Europe, with prices for households and small businesses significantly above the EU average. This is partly due to the country''s
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Five days after the blackout, on Saturday, her country’s electricity prices began to climb far above those of its neighbour. The gap reached a peak on Tuesday, when Spain’s average wholesale price was €10.24 per megawatt hour but Portugal’s leapt to €47.92/MWh.
The estimated extra cost for Portuguese consumers this Monday alone is €4.2 million euros, says Expresso, considering the price differential and the volume of electricity transacted (128 GWh). If the scenario continues, an average family could pay up to €7.5 euros more per month, just because of the increase in wholesale prices.
Or you can shower half the time. With the electricity price today in Portugal you can save 0.31 € for each shower. The price of electricity can fluctuate a lot during the day and charging an electric car consumes a lot of electricity. With the cost of electricity today in Portugal it is 5.15 € cheaper to charge at the hours with the lowest price.
In the aftermath of the still unexplained power outage, Maria da Graça Carvalho, Portugal’s energy minister, said her country was suspending electricity imports from Spain “as a precaution”. Five days after the blackout, on Saturday, her country’s electricity prices began to climb far above those of its neighbour.
Based on the United States Energy Information Adminstration data from 2022, electricity in Portugal is produced from the following sources: fossil fuels 45.29%, wind 31.05%, solar 7.97%, hydro 15.28%, nuclear 0.00%, and geothermal 0.40%.
In recent years Lisbon has benefited from Spain’s rapid rollout of solar power plants, which has given it access to abundant cheap power. “In Portugal we have been delayed in solar power generation compared to Spain,” said João Peças Lopes, a professor of electrical engineering at Porto university.
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