The average price of electricity for regulated rate customers linked to the wholesale market it will fall by 1.12% on Thursday compared to this Wednesday, up to 226.2 euros per megawatt hour (MWh), according to provisional data from the Iberian Energy Market Operator (OMIE) collected by Europa Press.
This price for PVPC customers is the result of adding the average price of the auction in the wholesale market to the compensation that the demand will pay to the combined cycle plants for the application of the ‘Iberian exception’ to cap the price of gas for electricity generation.
In the auction, the average price of electricity in the wholesale market -the so-called ‘pool’- stood for this Thursday at 138.84 euros/MWh. The maximum price will be registered between 11:00 p.m. and 12:00 a.m., with 151.22 euros/MWh, while the minimum for the day, of 111.25 euros/MWh, will occur between 04:00 a.m. and 05:00 a.m.
To this price of the ‘pool’ is added the compensation of 87.36 euros/MWh to the gas companies that has to be paid by the consumers who benefit from the measure, the consumers of the regulated tariff (PVPC) or those who, despite being in the free market, they have an indexed rate.