{"id":8752,"date":"2022-05-10T17:38:59","date_gmt":"2022-05-10T15:38:59","guid":{"rendered":"https:\/\/hayaenergy.com\/?page_id=8752"},"modified":"2026-05-12T11:54:00","modified_gmt":"2026-05-12T09:54:00","slug":"mafs_spanish-market-analysis","status":"publish","type":"page","link":"https:\/\/hayaenergy.com\/fr\/mafs_spanish-market-analysis\/","title":{"rendered":"Analyse du march\u00e9 Espagne (EN)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"8752\" class=\"elementor elementor-8752 elementor-8738\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-153a8fc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"153a8fc\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-987347e\" data-id=\"987347e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bce509f elementor-widget elementor-widget-heading\" data-id=\"bce509f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Spanish Market Analysis<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8e15f01 elementor-widget elementor-widget-text-editor\" data-id=\"8e15f01\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Analysis of the Spanish energy market<\/strong> is key to understanding the dynamics and trends affecting the sector both locally and internationally. In this detailed analysis, we address the important factors influencing energy prices, supply and demand, and the latest regulatory policies. This comprehensive overview will allow you to keep up to date with weekly changes and anticipate possible market variations, both in Spain and in other relevant markets such as France.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e00df10 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e00df10\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0d2d195\" data-id=\"0d2d195\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-69e54c4 elementor-widget elementor-widget-heading\" data-id=\"69e54c4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">April 2026<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9c41127 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"9c41127\" data-element_type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;],&quot;exclude_headings_by_selector&quot;:[],&quot;no_headings_message&quot;:&quot;No headings were found on this page.&quot;,&quot;marker_view&quot;:&quot;numbers&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t\t\t\t<h2 class=\"elementor-toc__header-title\">\n\t\t\t\tTable of Contents\t\t\t<\/h2>\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__9c41127\" aria-expanded=\"true\" aria-label=\"Ouvrir la table des mati\u00e8res\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__9c41127\" aria-expanded=\"true\" aria-label=\"Fermer la table des mati\u00e8res\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div id=\"elementor-toc__9c41127\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1278342 elementor-widget elementor-widget-text-editor\" data-id=\"1278342\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-size: 38px; background-color: var(--ast-global-color-5);\"><span style=\"font-size: 38px; color: #4bacc6;\"><b>Key figures of the month\u00a0<\/b><\/span><\/span><\/h2>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9ccfc4d elementor-widget elementor-widget-image\" data-id=\"9ccfc4d\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"187\" src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Tendencies-Prices-EU-Haya-Energy-Solutions-768x187.png\" class=\"attachment-medium_large size-medium_large wp-image-20238\" alt=\"key figures energy HES\" srcset=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Tendencies-Prices-EU-Haya-Energy-Solutions-768x187.png 768w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Tendencies-Prices-EU-Haya-Energy-Solutions-300x73.png 300w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Tendencies-Prices-EU-Haya-Energy-Solutions-1024x249.png 1024w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Tendencies-Prices-EU-Haya-Energy-Solutions-1536x374.png 1536w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Tendencies-Prices-EU-Haya-Energy-Solutions-2048x498.png 2048w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3cb8379 elementor-widget elementor-widget-text-editor\" data-id=\"3cb8379\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\">Source: Haya Energy Solutions<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb1b3b7 elementor-widget elementor-widget-text-editor\" data-id=\"bb1b3b7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In April 2026, electricity spot prices across the main European markets declined compared with the previous month, with Spain as the only exception, posting a slightly higher average price. In the forward market, however, Power Cal\u201927 remained broadly stable across all countries, with price levels staying within a relatively similar range to those seen in March.<\/p>\n<p>France overtook Spain as the lowest-priced power market in the region, averaging 40.80 \u20ac\/MWh, a sharp decrease from 63.30 \u20ac\/MWh in the previous month. Spain ranked as the second-lowest market, with an average of 42.40 \u20ac\/MWh, slightly above the 40.27 \u20ac\/MWh recorded in March. The UK and Germany both moved close to the 83 \u20ac\/MWh level. Overall, April once again highlighted a wide divergence in spot prices across Europe, largely reflecting each market\u2019s generation structure and, in particular, its level of exposure to gas-fired technologies as the marginal price-setting source, as is reflected in Italy.<\/p>\n<p>April was also a record month for solar PV generation across the main European markets. New all-time daily highs for April were reached in France (149 GWh), Germany (444 GWh) and Italy (163 GWh). This strong solar output throughout the month meant that, on days combining high renewable generation with the typically lower electricity demand seen over weekends, extremely negative prices were recorded. This was particularly evident on Sunday, 26 April, when the French spot price fell to -478.80 \u20ac\/MWh at 14:00, setting a new record.<\/p>\n<p>On the gas side, average spot prices were broadly stable around the 44 \u20ac\/MWh mark across most markets, with Germany standing slightly higher at around 46 \u20ac\/MWh on average. Compared with March, gas prices declined across all countries, falling by around 8 \u20ac\/MWh in most markets. Gas Cal\u201927 also showed a moderate month-on-month decrease across all countries.<\/p>\n<p>Gas price formation during the month remained largely driven by the conflict involving Iran, Israel and the United States, and, in particular, by developments affecting the transit of energy commodities through the Strait of Hormuz. As a result, any headline ranging from a potential ceasefire announcement to the breakdown of negotiations had a direct impact on gas prices.<\/p>\n<p>As for CO\u2082, prices increased from around 72 \u20ac\/t in March to 77 \u20ac\/t in April, breaking the downward trend that had started with the escalation of the conflict in Iran at the end of February.<\/p>\n<p>Overall, stronger renewable generation and lower gas prices helped ease electricity market prices across most European markets, despite the rebound in CO\u2082 prices.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-83301da elementor-widget elementor-widget-text-editor\" data-id=\"83301da\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-size: 38px; background-color: var(--ast-global-color-5);\"><span style=\"font-size: 38px; color: #4bacc6;\"><b>Energy demand and generation mix<\/b><\/span><\/span><\/h2>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-a4af3ed elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a4af3ed\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-4645f8e\" data-id=\"4645f8e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-53bd025 elementor-widget elementor-widget-image\" data-id=\"53bd025\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"525\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Generation-Demand-Haya-Energy-Solutions-1024x525.png\" class=\"attachment-large size-large wp-image-20232 lazyload\" alt=\"Generation and demand\" data-srcset=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Generation-Demand-Haya-Energy-Solutions-1024x525.png 1024w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Generation-Demand-Haya-Energy-Solutions-300x154.png 300w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Generation-Demand-Haya-Energy-Solutions-768x393.png 768w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Generation-Demand-Haya-Energy-Solutions-1536x787.png 1536w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Generation-Demand-Haya-Energy-Solutions.png 1825w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/525;\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fcc3b0f elementor-widget elementor-widget-text-editor\" data-id=\"fcc3b0f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\">Source: Haya Energy Solutions<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ebd4ee5\" data-id=\"ebd4ee5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b798f91 elementor-widget elementor-widget-text-editor\" data-id=\"b798f91\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Spanish electricity demand reached 18,561 GWh, while total generation stood at 20,279 GWh. Of this volume, around 1,718 GWh was scheduled for export.<\/p>\n<p>Compared with March 2026, both electricity demand and generation declined. Year on year, demand and generation in April 2026 remained broadly in line with the levels recorded in April 2025.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-ae145da elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ae145da\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-6e3f7b5\" data-id=\"6e3f7b5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6110854 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"6110854\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Renewables represented 59.8% of Spain\u2019s generation mix in April 2026, down from 64.4% in April 2025 and also below March 2026 (62.7%). This reflects lower renewable output over the past year, mainly driven by weaker wind and hydro generation, as weather conditions during the month were less supportive for these technologies, with limited storm activity across the Iberian Peninsula.<\/p>\n<p>Solar PV overtook wind as the leading generation source, accounting for 25.0% of total output. This was above both March 2026 (17.7%) and the 20.2% recorded in April 2025.<\/p>\n<p>Nuclear ranked second, reaching 19.1% of total generation. The main developments for this technology during the month were the maintenance outage at Cofrentes, which started on the last day of April and is expected to last 21 days, the pre-alert notification issued on 22 April following a fire in an extraction unit at Vandell\u00f3s II, with no impact on nuclear safety, and the completion of the 38th refuelling outage at Trillo on 18 April, marking the start of a new operating cycle.<\/p>\n<p>Wind ranked third, contributing 18.0% of total generation, below both March 2026 (23.0%) and April 2025 (21.5%).<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-f6afd1f\" data-id=\"f6afd1f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a15cda6 elementor-widget elementor-widget-image\" data-id=\"a15cda6\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"1024\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Energy-Mix-Haya-Energy-Solutions-1-1024x1024.png\" class=\"attachment-large size-large wp-image-20223 lazyload\" alt=\"Energy Mix Spain Haya Energy Solutions\" data-srcset=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Energy-Mix-Haya-Energy-Solutions-1-1024x1024.png 1024w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Energy-Mix-Haya-Energy-Solutions-1-300x300.png 300w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Energy-Mix-Haya-Energy-Solutions-1-150x150.png 150w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Energy-Mix-Haya-Energy-Solutions-1-768x768.png 768w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Energy-Mix-Haya-Energy-Solutions-1-1536x1536.png 1536w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Energy-Mix-Haya-Energy-Solutions-1.png 1825w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/1024;\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-999d859 elementor-widget elementor-widget-text-editor\" data-id=\"999d859\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\">Source: Haya Energy Solutions<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-37c93e1 elementor-widget elementor-widget-text-editor\" data-id=\"37c93e1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"color: #4bacc6; font-size: 38px;\"><b>Energy prices &amp; market panorama<\/b><\/span><\/h2>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a32711 elementor-widget elementor-widget-image\" data-id=\"1a32711\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"482\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Power-Prices-Spain-Haya-Energy-Solutions-1024x482.png\" class=\"attachment-large size-large wp-image-20235 lazyload\" alt=\"Power Prices Spain Spot Haya Energy Solutions\" data-srcset=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Power-Prices-Spain-Haya-Energy-Solutions-1024x482.png 1024w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Power-Prices-Spain-Haya-Energy-Solutions-300x141.png 300w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Power-Prices-Spain-Haya-Energy-Solutions-768x361.png 768w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Power-Prices-Spain-Haya-Energy-Solutions-1536x723.png 1536w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Power-Prices-Spain-Haya-Energy-Solutions-2048x964.png 2048w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/482;\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-776f918 elementor-widget elementor-widget-text-editor\" data-id=\"776f918\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\">Source: Haya Energy Solutions<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d5bb928 elementor-widget elementor-widget-text-editor\" data-id=\"d5bb928\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Spain\u2019s average wholesale electricity price stood at 42.44 \u20ac\/MWh, broadly in line with the 40.66 \u20ac\/MWh recorded in March. The most notable feature of the month from a pricing perspective was the repeated daily pattern whereby electricity prices fell to near-zero, or even negative levels, during hours of strong solar generation, before rising sharply once solar output faded.<\/p>\n<p>Looking at the daily average price profile, the lowest price levels were typically recorded on low-demand days such as weekends, while on higher-demand days prices tended to rise more sharply whenever renewable output lost relative weight in the generation mix. Even so, unlike in March, the market did not record any negative daily average prices, and overall daily price dispersion was lower than in the previous month.<\/p>\n<p>Spanish market has a high level of renewable energy penetration, especially from solar photovoltaic (PV) sources, which have been strongly influencing price reductions during the central hours of the day. However, as solar generation decreases in the evening, the energy system increasingly relies on other technologies to meet demand, such as gas-fired plants like combined cycle gas turbines (CCGTs). This reliance can lead to sharp price increases in a short period. As a result, April demonstrated a consistent pattern of very low prices during solar production hours and greater price pressures during non-solar hours. This was particularly evident when wind and hydro generation were insufficient to compensate for the decline in PV output.<\/p>\n<p>In terms of adjustment service costs, the price component within the wholesale market in Spain has been steadily increasing since the beginning of the year, displaying a W-shaped trend that peaks mainly during the spring season. This pattern is likely due to the higher penetration of renewables during this time, the need for a stable grid frequency and thus the increased need for grid-energy modulation.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f65e8c3 elementor-widget elementor-widget-image\" data-id=\"f65e8c3\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"631\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Cost-for-adjustment-service-Haya-Energy-Solutions-1024x631.png\" class=\"attachment-large size-large wp-image-20220 lazyload\" alt=\"Cost for adjustment service Haya Energy Solutions\" data-srcset=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Cost-for-adjustment-service-Haya-Energy-Solutions-1024x631.png 1024w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Cost-for-adjustment-service-Haya-Energy-Solutions-300x185.png 300w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Cost-for-adjustment-service-Haya-Energy-Solutions-768x473.png 768w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Cost-for-adjustment-service-Haya-Energy-Solutions-1536x946.png 1536w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Cost-for-adjustment-service-Haya-Energy-Solutions.png 1792w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/631;\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2cb10b7 elementor-widget elementor-widget-text-editor\" data-id=\"2cb10b7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\">Source: <span data-teams=\"true\"> Red El\u00e9ctrica<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-958cf22 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"958cf22\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-238b1d2\" data-id=\"238b1d2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-58f9840 elementor-widget elementor-widget-text-editor\" data-id=\"58f9840\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Average natural gas price in the Spanish market stood at 44.35 \u20ac\/MWh, down from 51.92 \u20ac\/MWh in March. This decline was mainly linked to an easing of geopolitical tensions involving Israel, the United States and Iran.<\/p>\n<p><span style=\"font-size: 16px;\">At the beginning of the month, gas prices remained elevated due to supply risk concerns and low storage levels across Europe. However, during the week starting on 5 April, comments by Donald Trump suggesting a possible end to the conflict, followed by the ceasefire reached between the United States and Iran during the second week of the month, contributed to a temporary easing in prices.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-cb1dc64\" data-id=\"cb1dc64\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-79b5904 elementor-widget elementor-widget-image\" data-id=\"79b5904\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"482\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Gas-Prices-Spain-Haya-Energy-Solutions-1024x482.png\" class=\"attachment-large size-large wp-image-20229 lazyload\" alt=\"Gas Prices Spain Spot Haya Energy Solutions\" data-srcset=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Gas-Prices-Spain-Haya-Energy-Solutions-1024x482.png 1024w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Gas-Prices-Spain-Haya-Energy-Solutions-300x141.png 300w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Gas-Prices-Spain-Haya-Energy-Solutions-768x362.png 768w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Gas-Prices-Spain-Haya-Energy-Solutions-1536x723.png 1536w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Gas-Prices-Spain-Haya-Energy-Solutions-2048x965.png 2048w\" data-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1024px; --smush-placeholder-aspect-ratio: 1024\/482;\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c435103 elementor-widget elementor-widget-text-editor\" data-id=\"c435103\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\">Source: Haya Energy Solutions<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b953e6 elementor-widget elementor-widget-text-editor\" data-id=\"6b953e6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span lang=\"EN-GB\">This trend was interrupted by the failure of the peace negotiations and the blockade imposed by the United States on Iranian ports, which triggered a price spike around 12 April. After this peak, expectations of renewed peace talks led to a partial correction in gas prices. Nevertheless, during the fourth week of April, the US blockade on Iranian ports, together with Iran\u2019s disruption of traffic through the Strait of Hormuz, exerted renewed upward pressure on prices, a dynamic that remained in place during the final week of the month.<\/span><\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e189479 elementor-widget elementor-widget-text-editor\" data-id=\"e189479\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><span style=\"font-size: 38px; color: #4bacc6;\"><b>Market trends and futures<\/b><\/span><\/h2>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-afe30ac elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"afe30ac\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-ce6404f\" data-id=\"ce6404f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c6b79d4 elementor-widget elementor-widget-image\" data-id=\"c6b79d4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"889\" height=\"1024\" data-src=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Futures-Prices-Spain-Haya-Energy-Solutions-889x1024.png\" class=\"attachment-large size-large wp-image-20226 lazyload\" alt=\"Market Tendencies Spain Haya Energy Solutions\" data-srcset=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Futures-Prices-Spain-Haya-Energy-Solutions-889x1024.png 889w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Futures-Prices-Spain-Haya-Energy-Solutions-261x300.png 261w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Futures-Prices-Spain-Haya-Energy-Solutions-768x884.png 768w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Futures-Prices-Spain-Haya-Energy-Solutions-1334x1536.png 1334w, https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Futures-Prices-Spain-Haya-Energy-Solutions-1779x2048.png 1779w\" data-sizes=\"(max-width: 889px) 100vw, 889px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 889px; --smush-placeholder-aspect-ratio: 889\/1024;\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-25532a5 elementor-widget elementor-widget-text-editor\" data-id=\"25532a5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p style=\"text-align: center;\">Source: Haya Energy Solutions<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e6d20c0\" data-id=\"e6d20c0\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7546d16 elementor-widget elementor-widget-text-editor\" data-id=\"7546d16\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Spanish electricity forward prices remained broadly stable during April 2026, following the sharp upward repricing seen in the previous month. The most notable moves were the almost 12% increase in the May 2026 contract and the 10% decline in June 2026. The remaining products stayed at levels broadly similar to those recorded in March.<\/p>\n<p>In the gas market, month-on-month declines were visible across all the products under review, although the magnitude of the correction became smaller further along the curve. Forward gas prices for May 2026, June 2026, and even Q3 and Q4 2026 fell by more than 10% compared with the previous month. Even so, this downward move should be seen in the context of the exceptional repricing recorded in March, when some of these products had increased by more than 70% versus February. The lower price levels observed in Y+1 and, even more clearly, in Y+2 suggest that the market is still pricing in some degree of easing in the conflict over the medium to longer term.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7ec369e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7ec369e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a09dbc7\" data-id=\"a09dbc7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9edffca elementor-widget elementor-widget-text-editor\" data-id=\"9edffca\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Regarding storage levels, natural gas reserves in the European Union currently stand at 33% of capacity, an increase of around 5 percentage points compared with the previous month. This improvement in stored gas volumes suggests that the European Union is rebuilding inventories in order to reduce its exposure to potential price tensions ahead of next winter if market conditions do not improve. In Spain, gas reserves currently stand at 64%, well above the previous month and still around twice the EU average.<\/p>\n<p>By contrast, CO\u2082 futures moved higher during the month. Carbon markets are currently stabilizing as policy uncertainty diminishes; however, the potential for growth remains constrained by persistent geopolitical tensions and elevated energy prices. While market fundamentals are supportive, the intensifying macroeconomic risks render EUA prices highly sensitive to any changes in the dynamics of the Middle East.<\/p>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-961bbbd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"961bbbd\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-509100d\" data-id=\"509100d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0eb10a9 elementor-widget elementor-widget-heading\" data-id=\"0eb10a9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">SP Base Power price (\u20ac\/MWh)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6231cd4 elementor-widget elementor-widget-html\" data-id=\"6231cd4\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"SP Base Power price (\u20ac\/MWh)\" aria-label=\"Line chart\" id=\"datawrapper-chart-gt3f4\" data-src=\"https:\/\/datawrapper.dwcdn.net\/gt3f4\/92\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"401\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e4e0776 elementor-widget elementor-widget-heading\" data-id=\"e4e0776\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">EUA price (\u20ac\/Tn)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d668b6e elementor-widget elementor-widget-html\" data-id=\"d668b6e\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"EUA price (\u20ac\/Tn)\" aria-label=\"Line chart\" id=\"datawrapper-chart-mXgaA\" data-src=\"https:\/\/datawrapper.dwcdn.net\/mXgaA\/231\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"396\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-715a310 elementor-widget elementor-widget-heading\" data-id=\"715a310\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Clean Spark Spread - Base \u20ac\/MWh)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1077aed elementor-widget elementor-widget-html\" data-id=\"1077aed\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"Clean Spark Spread - Base \u20ac\/MWh)\" aria-label=\"Line chart\" id=\"datawrapper-chart-SBJPQ\" data-src=\"https:\/\/datawrapper.dwcdn.net\/SBJPQ\/219\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"403\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c475963 elementor-widget elementor-widget-heading\" data-id=\"c475963\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Clean Dark Spread - Base \u20acMWh<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e2b7f2a elementor-widget elementor-widget-html\" data-id=\"e2b7f2a\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"Clean Dark Spread - Base \u20acMWh\" aria-label=\"Line chart\" id=\"datawrapper-chart-Upuw4\" data-src=\"https:\/\/datawrapper.dwcdn.net\/Upuw4\/231\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"396\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-0ad5143\" data-id=\"0ad5143\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5b65ec6 elementor-widget elementor-widget-heading\" data-id=\"5b65ec6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">SP Peak Power price (\u20ac\/MWh)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3e27741 elementor-widget elementor-widget-html\" data-id=\"3e27741\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"SP Peak Power price (\u20ac\/MWh)\" aria-label=\"Line chart\" id=\"datawrapper-chart-G2Ady\" data-src=\"https:\/\/datawrapper.dwcdn.net\/G2Ady\/89\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"396\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3dcbb84 elementor-widget elementor-widget-heading\" data-id=\"3dcbb84\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">MIBGas price (\u20ac\/MWh)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a00f32c elementor-widget elementor-widget-html\" data-id=\"a00f32c\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"MIBGas price (\u20ac\/MWh)\" aria-label=\"Line chart\" id=\"datawrapper-chart-za2vp\" data-src=\"https:\/\/datawrapper.dwcdn.net\/za2vp\/90\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"396\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ac8cfe elementor-widget elementor-widget-heading\" data-id=\"2ac8cfe\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Clean Spark Spread - Peak (\u20ac\/MWh)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ceff8e8 elementor-widget elementor-widget-html\" data-id=\"ceff8e8\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"Clean Spark Spread - Peak (\u20ac\/MWh)\" aria-label=\"Line chart\" id=\"datawrapper-chart-7gTmm\" data-src=\"https:\/\/datawrapper.dwcdn.net\/7gTmm\/219\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"396\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c771c8 elementor-widget elementor-widget-heading\" data-id=\"7c771c8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Clean Dark Spread - Peak (\u20acMWh)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-00d7532 elementor-widget elementor-widget-html\" data-id=\"00d7532\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<iframe title=\"Clean Dark Spread - Peak (\u20acMWh)\" aria-label=\"Line chart\" id=\"datawrapper-chart-6vDz5\" data-src=\"https:\/\/datawrapper.dwcdn.net\/6vDz5\/256\/\" scrolling=\"no\" frameborder=\"0\" style=\"border: none;\" width=\"648\" height=\"403\" data-external=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"1\"><\/iframe>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Spanish Market Analysis Analysis of the Spanish energy market is key to understanding the dynamics and trends affecting the sector both locally and internationally. In this detailed analysis, we address the important factors influencing energy prices, supply and demand, and the latest regulatory policies. This comprehensive overview will allow you to keep up to date [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-site-content-layout":"full-width-container","site-content-style":"unboxed","site-sidebar-style":"unboxed","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Analyse du march\u00e9 Espagne (EN) - Haya Energy Solutions<\/title>\n<meta name=\"description\" content=\"Analysis of the Spanish energy market is key to understanding the dynamics and trends affecting the sector.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hayaenergy.com\/fr\/mafs_spanish-market-analysis\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyse du march\u00e9 Espagne (EN) - Haya Energy Solutions\" \/>\n<meta property=\"og:description\" content=\"Analysis of the Spanish energy market is key to understanding the dynamics and trends affecting the sector.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hayaenergy.com\/fr\/mafs_spanish-market-analysis\/\" \/>\n<meta property=\"og:site_name\" content=\"Haya Energy Solutions\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-12T09:54:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/hayaenergy.com\/wp-content\/uploads\/2026\/05\/Tendencies-Prices-EU-Haya-Energy-Solutions.png\" \/>\n\t<meta property=\"og:image:width\" content=\"3760\" \/>\n\t<meta property=\"og:image:height\" content=\"915\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/hayaenergy.com\/fr\/mafs_spanish-market-analysis\/\",\"url\":\"https:\/\/hayaenergy.com\/fr\/mafs_spanish-market-analysis\/\",\"name\":\"Analyse du march\u00e9 Espagne (EN) - 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