Monthly market report

Spain ES — January 2026

Day-ahead auction, 2,976 settlement periods, computed from the same data the API serves.

Average price

71.53 €/MWh

-6.4 vs previous month

Negative prices

12.5 hours

50 settlement periods below 0

Avg daily spread

71.3 €/MWh

the arbitrage opportunity, day by day

Volatility (σ)

41.87 €/MWh

Extremes

Cheapest period
-0.5 €/MWh Jan 31, 10:45 UTC
Priciest period
200 €/MWh Jan 19, 17:45 UTC

Top spike days

  • 2026-01-19max 200 €/MWh
  • 2026-01-14max 184.58 €/MWh
  • 2026-01-18max 180.48 €/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.