The average electricity price in Spain for this Monday, February 16, 2026, will be set at 4.40 euros per megawatt hour (€/MWh), according to data published by the Iberian Energy Market Operator (OMIE). This represents an increase of 183.95% (2.85 euros less), but it is a very low price, since the electricity rate registered this Sunday was 1.55 euros/MWh.
When is electricity most expensive this Monday?
The highest peak is between 7:00 p.m. and 8:00 p.m., with a price of 25.35 euros/MWh. From there, it is also advisable to monitor the section from 8:00 p.m. to 9:00 p.m. (24.75 euros/MWh) and from 9:00 p.m. to 10:00 p.m. (13.84 euros/MWh), which are the least favorable hours of the day. In practice, the most “expensive” hours are concentrated between 6:00 p.m. and 10:00 p.m., with a very marked spike at the end of the afternoon.
When is electricity cheaper?
The cheapest hour is recorded from 04:00 to 05:00, with a price of -0.03 euros/MWh (be careful, this does not mean that it is free, remember that neither taxes nor tolls are applied). Also very close are the hours from 03:00 to 04:00 (-0.02 euros/MWh) and several sections at -0.01 euros/MWh, such as 02:00 to 03:00, 05:00 to 06:00 or 13:00 to 14:00.
And if you look at the entire day, there is one fact and it is that during a good part of midday and afternoon the price is 0.00 euros/MWh, especially between 11:00 and 17:00, which leaves a very wide band to concentrate consumption.
Hourly electricity price, Monday, February 16, 2026
This Monday, February 16, the light leaves a very favorable scenario for almost the entire day. The early morning moves between values close to zero and negative, the central section remains practically at 0.00 euros/MWh and the only relevant rebound comes at the end of the afternoon, with the maximum concentrated between 7:00 p.m. and 9:00 p.m. In practice, it is a day in which it is advisable to take advantage of the central hours and avoid, as far as possible, the night stretch.
- 00:00 to 01:00: 0.01 euros/MWh
- 01:00 to 02:00: 0.00 euros/MWh
- 02:00 to 03:00: -0.01 euros/MWh
- 03:00 to 04:00: -0.02 euros/MWh
- 04:00 to 05:00: -0.03 euros/MWh
- 05:00 to 06:00: -0.01 euros/MWh
- 06:00 to 07:00: 0.40 euros/MWh
- 07:00 to 08:00: 6.60 euros/MWh
- 08:00 to 09:00: 9.96 euros/MWh
- 09:00 to 10:00: 2.15 euros/MWh
- 10:00 to 11:00: 0.10 euros/MWh
- 11:00 to 12:00: 0.00 euros/MWh
- 12:00 to 13:00: 0.00 euros/MWh
- 1:00 p.m. to 2:00 p.m.: -0.01 euros/MWh
- 14:00 to 15:00: 0.00 euros/MWh
- 15:00 to 16:00: 0.00 euros/MWh
- 16:00 to 17:00: 0.00 euros/MWh
- 17:00 to 18:00: 1.48 euros/MWh
- 18:00 to 19:00: 8.73 euros/MWh
- 19:00 to 20:00: 25.35 euros/MWh
- 20:00 to 21:00: 24.75 euros/MWh
- 21:00 to 22:00: 13.84 euros/MWh
- 22:00 to 23:00: 10.16 euros/MWh
- 23:00 to 24:00: 2.18 euros/MWh
Evolution of the price of electricity during the first 16 days of February
The rainfall and strong wind are helping to generate extra energy and we evidently notice this in the electricity bill. You just have to look at the data and compare to clear up doubts, since during the first 16 of February the average price has been 10.30 euros/MWh, while a year ago it was 119.28 euros/MWh, that is, a difference of 108.97 euros.
If we compare today with respect to the same day last year, the electricity drops by 95.01%, so you pay 83.82 euros less, since that day the pool amount was 88.22 euros.
| Date | 2025 | 2026 | Difference in euros/MWh |
|---|---|---|---|
| February 1 | 95.26 | 24.58 | -70.68 |
| February 2 | 124.74 | 13.83 | -110.91 |
| February 3 | 133.05 | 32.74 | -100.31 |
| February 4 | 143.39 | 17.22 | -126.17 |
| February 5 | 117.51 | 6.3 | -111.21 |
| February 6 | 138.6 | 9.39 | -129.21 |
| February 7 | 117.87 | 6.86 | -111.01 |
| February 8 | 105.1 | 5.92 | -99.18 |
| February 9 | 109.6 | 20.95 | -88.65 |
| February 10 | 139.74 | 4.7 | -135.04 |
| February 11 | 133.16 | 4.23 | -128.93 |
| February 12 | 119.86 | 5.7 | -114.16 |
| February 13 | 130.98 | 4.42 | -126.46 |
| February 14 | 121.07 | 2.13 | -118.94 |
| February 15 | 90.43 | 1.55 | -88.88 |
| February 16 | 88.22 | 4.4 | -83.82 |
