Latest news and stories about energy prices in Portugal for expats and residents.
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Prices of Dutch natural gas contracts, which serve as the European benchmark, rose by around 8% on Friday, reaching their highest levels since June. Reuters reports the rise is driven by forecasts of colder weather for the remainder of the month, which have heightened concerns about storage levels...

According to INE, the stability of inflation in 2025 was mainly due to lower energy prices and a slowdown in core inflation.
The Portuguese electricity system exceeded 10 gigawatts (GW) for the first time.

The new year will bring new prices, many of which will be price rises.
Home News Petrol and diesel to rise in price Petrol and diesel to rise in price Next week, fuel prices will rise, ending the price drops that occurred in recent weeks and helped mitigate the impact of the change in fuel taxation.

The electricity distribution company proposed to ERSE an update of prices for various services in 2026, some with increases of 40%, but the regulatory body set a limit of 10%. ERSE's tariff council warns that this limit 'perpetuates and worsens distortions'.