Monthly market report

Spain ES — February 2026

Day-ahead auction, 2,688 settlement periods, computed from the same data the API serves.

Average price

16.45 €/MWh

-55.08 vs previous month

Negative prices

130 hours

520 settlement periods below 0

Avg daily spread

77.57 €/MWh

the arbitrage opportunity, day by day

Volatility (σ)

27.85 €/MWh

Extremes

Cheapest period
-4 €/MWh Feb 14, 10:45 UTC
Priciest period
187.1 €/MWh Feb 23, 19:15 UTC

Top spike days

  • 2026-02-23max 187.1 €/MWh
  • 2026-02-17max 135.77 €/MWh
  • 2026-02-01max 131.8 €/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.