The renewable revolution: why electricity sometimes costs less than nothing
In the first half of 2025, Spain recorded over 600 hours when the wholesale electricity price dropped to zero or even negative levels. It may sound surprising, but this is actually a sign of progress — and it’s closely linked to the rise of renewable energy. At Energy Nordic, we believe that understanding the electricity market helps you make better choices. So let’s explain it simply.
What does a negative price mean?
In Spain’s pool (the wholesale electricity market), energy providers buy electricity before supplying it to homes and businesses. When there’s an oversupply of renewable energy (especially solar or wind) and demand is low, prices can drop dramatically — even becoming negative. In those moments, the system essentially pays to absorb excess energy.
This doesn’t mean your bill will be zero or that you’ll get paid for using electricity, as other costs still apply (distribution, taxes, fees…). But it does show a major shift in how energy is produced and valued.
Why is this happening now?
According to OMIE (Spain’s electricity market operator), the number of zero or negative-price hours is similar to last year, but the average price in those hours has dropped further: from -€0.12/MWh in 2024 to -€1.80/MWh in 2025. The main reasons? More renewable generation, particularly solar and wind, slightly rising demand, and a lack of storage solutions for surplus energy.
What does this mean for you?
At Energy Nordic, we closely follow these market shifts to offer you fair, transparent tariffs that reflect real trends. While negative prices don’t directly show up on your bill, they do help lower average energy costs over time. That, combined with our commitment to sustainability, is great news for everyone.
Our promise: clear energy, human support
We know that for many expats living in Spain, navigating the energy market can be confusing. That’s why we’re committed to explaining everything clearly, in your language, with no jargon or fine print. If you have any questions about your plan, your invoice or how to benefit from these changes, we’re here to help — personally and professionally.
Ready to take control of your energy?
Join Energy Nordic today and enjoy simple, transparent tariffs built for real people — with 100% renewable energy and personal support every step of the way.
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Energy Nordic
Emma Halberg






