The average price of electricity for this Friday, April 24, 2026 will be 72.64 euros per megawatt hour (MWh) in the wholesale market, according to data published by the Iberian Energy Market Operator (OMIE). Again, electricity experiences a rise, this time more pronounced 48.01% compared to Thursday. An increase that translates into paying 23.56 euros more for the ‘pool’.
It must be understood that this amount refers to the wholesale market, which does not include concepts such as taxes or tolls. These are included in the Voluntary Price for Small Consumers (PVPC), which is the one that affects consumers with a regulated or indexed rate in the free market and is published late in the afternoon by Red Eléctrica.
When is electricity cheaper this Friday?
The cheapest hour of electricity will be from 3:00 p.m. to 4:00 p.m., with a price of 14.71 euros/MWh. Like in recent weeks, the cheapest time slots begin at mid-morning and extend until the end of the afternoon. Of course, there is an important change: no band will be below the euro, occurring for the first time all week.
When is electricity most expensive tomorrow, Friday?
The maximum price of electricity will occur between 9 and 10 p.m., when 112.86 euros/MWh will be reached. Again, the same pattern is repeated, and the most expensive hours of light take place at two times of the day: early in the morning and between late afternoon (from 7:00 p.m.) and night.
Price of electricity per hour, Friday, April 24
Each increase in electricity implies having greater control of the consumption that occurs throughout the day. This will be the price of electricity hour by hour on Friday, April 24, 2026 in the wholesale market:
| Hour | Price (euros/MWh) |
|---|---|
| 00:00 – 01:00 | 84.17 |
| 01:00 – 02:00 | 82.91 |
| 02:00 – 03:00 | 81.78 |
| 03:00 – 04:00 | 81.72 |
| 04:00 – 05:00 | 82.02 |
| 05:00 – 06:00 | 84.47 |
| 06:00 – 07:00 | 93.87 |
| 07:00 – 08:00 | 105.12 |
| 08:00 – 09:00 | 101.09 |
| 09:00 – 10:00 | 90.73 |
| 10:00 – 11:00 | 79.66 |
| 11:00 – 12:00 | 51.48 |
| 12:00 – 13:00 | 25.37 |
| 13:00 – 14:00 | 20.50 |
| 14:00 – 15:00 | 15.52 |
| 15:00 – 16:00 | 14.71 |
| 16:00 – 17:00 | 20.30 |
| 17:00 – 18:00 | 42.75 |
| 18:00 – 19:00 | 76.16 |
| 19:00 – 20:00 | 95.27 |
| 20:00 – 21:00 | 103.43 |
| 21:00 – 22:00 | 112.86 |
| 22:00 – 23:00 | 103.36 |
| 23:00 – 24:00 | 94.16 |
Evolution of the price of electricity during the first 24 days of April
The average price during these first 24 days of April has been 39.35 euros/MWh, which means that electricity is now 10.77 euros cheaper than compared to a year ago, when the average price was €28.58/MWh.
If today’s day is compared to just a year ago, a significant increase of 66.88% can be seen. It is so because April 24, 2025 The price of electricity stood at €43.53/MWh, while the price today stands at €XXXX/MWh, which represents an XXXX of XXX euros compared to the same date last year.
| Date | 2025 | 2026 | Difference in euros/MWh |
|---|---|---|---|
| April 1 | 58.60 | 5.15 | -53.45 |
| April 2 | 27.99 | 5.00 | -38.22 |
| April 3 | 22.10 | 14.44 | -7.66 |
| April 4 | 11.24 | 21.21 | 9.97 |
| April 5 | 24.42 | 23.15 | -1.27 |
| April 6 | 26.56 | 19.40 | -7.16 |
| April 7 | 56.14 | 33.48 | -22.66 |
| April 8 | 47.67 | 63.21 | 15.54 |
| April 9 | 31.98 | 53.20 | 21,22 |
| April 10 | 19.20 | 44.48 | 19.20 |
| April 11 | 18.35 | 28.91 | 10.56 |
| April 12 | 27.01 | 13.33 | -13.68 |
| April 13 | 18.35 | 23.81 | 5.46 |
| April 14 | 24.54 | 45.97 | 21.43 |
| April 15 | 11.73 | 59.90 | 48.17 |
| April 16 | 12,14 | 69.33 | 57.19 |
| April 17 | 21.94 | 70.87 | 48.93 |
| April 18 | 12.35 | 46.56 | 34.21 |
| April 19 | 1.72 | 36.22 | 34.50 |
| April 20 | 10.71 | 50.85 | 40.14 |
| April 21 | 49.09 | 45.28 | 3.81 |
| April 22 | 64.39 | 49 | 15.39 |
| April 23 | 44.23 | 49.08 | 4.85 |
| April 24 | 43.53 | 72.64 | 29.11 |
The tension in the Middle East and its impact on the Spanish wholesale market
Geopolitical instability in the Middle East continues to be a determining risk factor for the volatility of energy prices globally, and Spain is not immune to this situation. Although the country has an increasingly greater penetration of renewable energies, voltage peaks in this region (key for the production and maritime transit of hydrocarbons) directly impact international natural gas prices.
Given that this raw material continues to be responsible for setting the marginal price in the wholesale electricity market (known as the electric ‘pool’) during the hours in which the contribution of wind and solar energy is not sufficient to cover demand, any escalation of the conflict threatens to irremediably increase the electricity bill of Spanish consumers.
It is precisely in this delicate context of international uncertainty where the social protection tools promoted by European institutions become vitally important. In this sense, The European Commission has given the green light to the application of tax reductions on the electricity bill and has demanded that vulnerable households be shielded from supply cuts. This framework of action works as an indispensable “shield”, since it gives the Spanish Government the necessary support to maintain the reduction in taxes on electricity and facilitate social bonuses, guaranteeing that the ups and downs of the wholesale market caused by the crisis in the East do not end up suffocating the economy of families with fewer resources.