Wholesale electricity prices will average 201.99 euros per MWh on Tuesday, 6 October 2026, according to OMIE data. This marks a 2.6% rise from Monday's average of 196.88 euros. Costs will peak at 281.31 euros between 21:00 and 22:00, with a low of 147.09 euros.
This surge represents the first time the daily average has exceeded the 200 euro threshold since December 2022. It follows a volatile September where prices averaged 143.26 euros per MWh, a 21.1% increase from August and a 134.7% rise compared to September 2025.
The price hike impacts eight million households on the regulated PVPC tariff. For 2026, this tariff calculation relies on futures markets for 55% of its reference. Meanwhile, natural gas prices in the Mibgas market reached 75.25 euros per MWh on Monday 5 October.