Monthly market report

Spain ES — November 2025

Day-ahead auction, 2,880 settlement periods, computed from the same data the API serves.

Average price

58.71 €/MWh

-16.92 vs previous month

Negative prices

4.3 hours

17 settlement periods below 0

Avg daily spread

98.47 €/MWh

the arbitrage opportunity, day by day

Volatility (σ)

37.63 €/MWh

Extremes

Cheapest period
-0.45 €/MWh Nov 8, 11:15 UTC
Priciest period
170.01 €/MWh Nov 27, 20:00 UTC

Top spike days

  • 2025-11-27max 170.01 €/MWh
  • 2025-11-21max 159.68 €/MWh
  • 2025-11-26max 158.18 €/MWh

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Data source: ENTSO-E Transparency Platform (transparency.entsoe.eu). Data source: SMARD.de, Bundesnetzagentur | CC BY 4.0. Derived statistics are Voltcast own-IP output.