Iberian electricity market — November 2026

Day-ahead market price

The day-ahead market averaged 0.0 €/MWh, % versus October 2026. In perspective it sits −100% against the 12-year November average (74.6 €/MWh): a somewhat cheap month. The year-on-year figure (−100% vs November 2025) is distorted by an anomalous base.

Demand

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

Generation mix

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

Historical context

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.