Monthly electricity market report · MIBEL

Iberian electricity market — April 2025

Day-ahead price, demand and generation mix · ESIOS and OMIE data

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Average price

26.8 €

▼ −49.5% vs March 2025

Average demand

24.1 GW

▼ −12.4% vs March 2025

Renewables

67%

▲ +0 pp YoY · CO₂-free 82%

Negative periods

468

▲ +337% YoY

Day-ahead market price

The day-ahead market averaged 26.8 €/MWh, −49.5% versus March 2025. In perspective it sits −50.4% against the 11-year April average (54.0 €/MWh): a somewhat cheap month. The year-on-year figure (+96.1% vs April 2024) is distorted by an anomalous base.

Hourly month heatmap

Hour ↑ · Day of month → -6 €/MWh · 170 €/MWh

-6 €/MWh

170 €/MWh

Daily average price comparison

Day of month · €/MWh

Demand

Peninsular demand averaged 24.1 GW, −12.4% on March 2025 and −2.5% YoY, peaking at 33.8 GW.

Hour · GW

Generation mix

On about 19.0 TWh scheduled (P48), renewables made up 67% and CO₂-free generation 82%.

Generation mix

Eólica

Solar fotovoltaica

Hidráulica

Nuclear

Ciclo combinado

Cogeneración

Wind

21.9% −10%

Solar PV

20.9% +2%

Hydro

20.8% −4%

Nuclear

15.4% −17%

CCGT

8.9% +21%

Cogeneration

5.9% +24%

Pumped-storage

1.8% −18%

Solar thermal

1.6% −34%

Other renewables

1.6% +0%

Coal

0.9% −24%

Other

0.4%

Fuel / gas

0.0%

Historical context

192

April · €/MWh

Methodology

Price: ESIOS indicator 600 (Spain). Demand: ESIOS indicator 1293 (peninsular). Mix: P48 schedule by technology (REE/ESIOS), best estimate at month close — metered generation is published later; the check against the most recent metered month shows differences below 1%. Peninsular scope, full calendar month.