For this Sunday, April 16, the average price per megawatt hour in the ‘electric pool’ will be 66.66 euros/MWh. To this should be added 0 euros/MWh for compensation to the gas companies, which must be paid (in this case, subtracted) by the consumers benefiting from the measure, the consumers of the regulated tariff (PVPC) or those who, despite If they are in the free market, they have an indexed rate. Thus, the final average price will be 66.66 euros per megawatt hour (MWh).
This figure is 162.34% higher than that of this Saturday, when the final average price was 25.41 euros.
At what time is electricity cheaper?
According to data from the OMIE and without counting the compensation to the gas companies, the cheapest hour of electricity will be in the afternoon. Specifically, between 3:00 p.m. and 6:00 p.m., when electricity will be worth 25 euros/MWh.
At what time is electricity more expensive?
The most expensive time to turn on the light will be at night, between 9:00 p.m. and 10:00 p.m., when it will cost 134.25 euros/MWh.
How much does electricity cost each hour?
– From 00 to 01 hours: 86.03 euros/MWh.
– From 01 to 02 hours: 81.87 euros/MWh.
– From 02 to 03 hours: 55 euros/MWh.
– From 03 to 04 hours: 45 euros/MWh.
– From 04 to 05 hours: 45 euros/MWh.
– From 05 to 06 hours: 55 euros/MWh.
– From 06 to 07 hours: 83.96 euros/MWh.
– From 07 to 08 hours: 110 euros/MWh.
– From 8 am to 9 am: 104.22 euros/MWh.
– From 9 am to 10 am: 82.75 euros/MWh.
– From 10 to 11 hours: 41.73 euros/MWh.
– From 11 to 12 hours: 41.02 euros/MWh.
– From 12 to 13 hours: 40.63 euros/MWh.
– From 13 to 14 hours: 40.02 euros/MWh.
– From 14 to 15 hours: 35 euros/MWh.
– From 15 to 16 hours: 25 euros/MWh.
– From 4 pm to 5 pm: 25 euros/MWh.
– From 17 to 18 hours: 25 euros/MWh.
– From 18 to 19 hours: 39.73 euros/MWh.
– From 7 pm to 8 pm: 86.09 euros/MWh.
– From 8 pm to 9 pm: 125.12 euros/MWh.
– From 21 to 22 hours: 134.25 euros/MWh.
– From 10 pm to 11 pm: 104.22 euros/MWh.
– From 23 to 24 hours: 88.3 euros/MWh.
Why does the price of electricity vary so much?
The main cause of price fluctuations is that the price of gas is undergoing strong increases and its use is essential for the production of energy in the so-called combined cycle plants. Thus, any impact on the price of gas has an almost immediate impact on the price of electricity.
The impact of the ‘Iberian exception’
The 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, a period in which energy prices are more expensive.
Specifically, the ‘Iberian exception’ sets a path for natural gas for electricity generation at a price of 40 euros/MWh in the initial six months, and subsequently, a monthly increase of 5 euros/MWh until the end of the measure. .
