He Average electricity price for regulated rate customers linked to the wholesale market increases this Wednesday up to 132.68 euros per megawatt hour (MWh), which represents a rise of 115.7% compared to 61.51 euros/MWh on Tuesday.
In the auction, the average price of light in the wholesale market -the so-called ‘pool’- stands for this Wednesday at 132.68 euros/MWh. The price Minimum, of 107 euros/MWh, will occur between the 2:00 p.m. and 3:00 p.m. hours, while the price maximum will register between 7:00 p.m. and 8:00 p.m., when it will be 190 euros/MWh.
Compensation for gas companies is added to this pool price, which must be paid by consumers who are beneficiaries of the measure, consumers of the regulated tariff (PVPC) or those who, despite being on the free market, They have an indexed rate, which for this Wednesday will be at 0 euros/MWh, a situation that has been repeated since February 27.
The average price of electricity in the monthly accumulated until March 15 stands at 102.58 euros/MWh, that is, about 32 euros less than the 134.14 euros/MWh of the same period in February.
The ‘Iberian mechanism’
Related news
He ‘Iberian mechanism’, which entered into force on June 15, limits the price of gas for electricity generation to an average of 48.8 euros per MWh for a period of twelve months, thus covering the coming winter, the period in which energy prices are more expensive.
Specifically, the ‘Iberian exception’ sets a path for natural gas for electricity generation from a price of 40 euros/MWh in the initial six months, and subsequently, a monthly increase of five euros/MWh until the end of the measure . Throughout the month the price will be 55 euros/MWh.