Monthly electricity market report · MIBEL

Iberian electricity market — January 2027

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

Average price

0.0 €

vs December 2026

Average demand

0.0 GW

vs December 2026

Renewables

0%

−58 pp YoY · CO₂-free 0%

Negative periods

0

−100% YoY

Day-ahead market price

The day-ahead market averaged 0.0 €/MWh, % versus December 2026. In perspective it sits −100% against the 13-year January average (70.8 €/MWh): a somewhat cheap month. The year-on-year figure (−100% vs January 2026) is distorted by an anomalous base.

Hourly month heatmap

00
02
04
06
08
10
12
14
16
18
20
22
Hour ↑ · Day of month → 0 €/MWh · 1 €/MWh
0 €/MWh
1 €/MWh

Daily average price comparison

065130
Day of month · €/MWh

Demand

Peninsular demand averaged 0.0 GW, % on December 2026 and −100% YoY, peaking at 0.0 GW.

02040
Hour · GW

Generation mix

On about 0.0 TWh scheduled (P48), renewables made up 0% and CO₂-free generation 0%.

Generation mix

Solar PV
0.0% −100%
Nuclear
0.0% −100%
Wind
0.0% −100%
CCGT
0.0% −100%
Hydro
0.0% −100%
Cogeneration
0.0% −100%
Solar thermal
0.0%
Pumped-storage
0.0% −100%
Coal
0.0%
Fuel / gas
0.0% −100%
Other renewables
0.0% −100%
Other
0.0% −100%

Historical context

34
14
52
15
37
16
71
17
50
18
62
19
41
20
60
21
202
22
70
23
74
24
97
25
72
26

January · €/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.

© datons · Iberian electricity market — January 2027 · ESIOS (Red Eléctrica) · OMIE

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