ÌÇÐÄÆƽâ°æ

The average wholesale electricity price in April 2026 in Spain is forecast to amount to euros per megawatt-hour, a decrease compared to the previous month. The electricity price fell roughly ***percent compared to the same month in the previous year.

Renewable energy dominance

Wind energy has emerged as the leading source of electricity generation in Spain, accounting for over ** percent of the total in 2024. This shift towards renewables is further evidenced by the country's installed power capacity, which exceeded *** gigawatts in 2024. Solar photovoltaic leads with **** gigawatts of installed capacity, followed by wind and combined cycle. The growth in renewable energy capacity has been a key factor in shaping Spain's electricity market and influencing price trends.

Consumption patterns and price fluctuations

Despite the increase in renewable energy capacity, electricity consumption in Spain decreased to * terawatt hours in 2024, up from the previous year. In the same year, the average price of electricity was **** euros per megawatt-hour, a notable decrease from the record high of  euros per megawatt-hour in 2022. These price movements reflect the complex interplay between supply, demand, and the ongoing transition to renewable energy sources in Spain's electricity market.