The average wholesale electricity price in Portugal stood at 91.16 euros per megawatt-hour in August 2024, an increase on the previous month. Wholesale electricity prices in Portugal peaked at over 283 euros per megawatt-hour in March 2022.
In 2021, electricity prices in the European Union soared, the combination of a myriad of factors, including winter heating demand, a rise in natural gas and coal prices following Russia's invasion of Ukraine, and a decline in wind and solar power generation.
Average monthly electricity wholesale price in Portugal from January 2019 to August 2024
(in euros per megawatt-hour)
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Ember. (September 11, 2024). Average monthly electricity wholesale price in Portugal from January 2019 to August 2024 (in euros per megawatt-hour) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1281464/portugal-monthly-wholesale-electricity-price/
Ember. "Average monthly electricity wholesale price in Portugal from January 2019 to August 2024 (in euros per megawatt-hour)." Chart. September 11, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1281464/portugal-monthly-wholesale-electricity-price/
Ember. (2024). Average monthly electricity wholesale price in Portugal from January 2019 to August 2024 (in euros per megawatt-hour). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1281464/portugal-monthly-wholesale-electricity-price/
Ember. "Average Monthly Electricity Wholesale Price in Portugal from January 2019 to August 2024 (in Euros per Megawatt-hour)." Statista, Statista Inc., 11 Sep 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1281464/portugal-monthly-wholesale-electricity-price/
Ember, Average monthly electricity wholesale price in Portugal from January 2019 to August 2024 (in euros per megawatt-hour) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1281464/portugal-monthly-wholesale-electricity-price/ (last visited September 20, 2024)
Average monthly electricity wholesale price in Portugal from January 2019 to August 2024 (in euros per megawatt-hour) [Graph], Ember, September 11, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1281464/portugal-monthly-wholesale-electricity-price/