Natural Gas Price in Spain
The chart above illustrates Natural Gas prices in Spain, in EUR/MWh, from May 2024 to May 2025, as follows:
- Natural Gas, hho, ES: Natural Gas, household, Spain
- Natural Gas, ind, ES: Natural Gas, industrial sector, dpu, Spain
- Natural Gas (LNG), imp, ES: Natural Gas (liquified), import spot, dpu, Spain
Further information about price assessments covered can be found in the assessments guide.
For Natural Gas, hho, ES, the price was around 92.3 EUR per MWh in May 2025. This represented a 2.9% fall compared to the previous month's value, and on a year-over-year basis, prices decreased by 6.5%.
In May 2025, Natural Gas, ind, ES registered a price of approximately 46.3 EUR per MWh. This shows a 5.3% fall from the previous month, while year-over-year, prices increased by 1.2%.
Natural Gas (LNG), imp, ES prices in May 2025 were around 32.8 EUR per MWh. This indicates a 5.6% fall compared to the prior month's value, and a 7% increase on a year-over-year basis.
Recent data, updated on December 4th, 2025, can be found in the Spain Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for Natural Gas, encompassing production, demand and trade dynamics. It also covers other energy commodities in Spain, presenting price assessments and market analyses of production, demand, trade, and Spain's energy self-sufficiency.
Price Assessments Covered in the Report
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Current Prices
Access up-to-date Natural Gas price assessments released at the beginning of each month, providing consolidated and relevant market data.
Price Forecasts
View short-term Natural Gas price projections that help you anticipate market direction and make informed decisions.
Historical Prices
Explore historical Natural Gas price series over multiple timeframes to identify short-, medium-, and long-term trends.
Beyond Prices: Market Analyses Covered
Understand the broader energy dynamics shaping Spain's markets.
Production & Demand
Track energy production and consumption patterns to understand supply-demand dynamics across sectors.
Imports & Exports
Analyze energy trade flows and key trading partners to evaluate cross-border dependencies.
Energy Balance & Self-Sufficiency
Assess Spain's energy balance and self-reliance, identifying exposure to external supply sources.
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