The price of electricity will drop this Sunday by 39%, up to 74.75 euros/MWh

The price of electricity will drop this Sunday by 39%, up to 74.75 euros/MWh

He average price of light for regulated rate customers linked to the wholesale market It will drop this Sunday to 74.75 euros per megawatt hour (MWh)which is 38.9% less than the 122.35 euros/MWh of this Saturday.

In the auction, the average price of light in the wholesale market –the so-called ‘pool‘– will be located this Sunday at 79.38 euros/MWh. The minimum price, of 17.69 euros/MWh, will be given between 3:00 p.m. and 4:00 p.m.Meanwhile he maximum price will be recorded between 9:00 p.m. and 10:00 p.m.when it will be 144.59 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 Sunday will be -4.63 euros/MWh.

18.62% less than without applying the Iberian exception

In the absence of the mechanism of the ‘Iberian exception‘ To cap the price of gas for electricity generation, the price of electricity in Spain would be on average around 91.85 euros/MWh, which is 17.1 euros/MWh more than with the compensation for electricity customers. the regulated tariff, which they will thus pay 18.62% less on average.

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 next winter, a period in which the prices of energy 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 .


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