The price of electricity drops 10% on Saturday to close to one hundred euros

this electricity price the wholesale market will drop almost 10% on Saturday up to 102 euros According to the results of the auction held this Friday, the lowest price of the week, megawatt-hours (MWh), was determined.

this to the top gas will apply again this saturday after me not working for eight days because its price in the Iberian Gas Market (Mibgas) was below 40 Euro/MWh, which was the maximum price set by the Government until the end of the year. Its price will be around 42 euros. In fact, without the Iberian mechanism, the wholesale price would be 104 Euros/MWh, ie just 2 Euros plus MWh.

In addition, electricity will be given again. Above the 100 euro/MWh barrier After last week, the three lowest prices of the year will be recorded with values ​​​​of 73, 81 and 85 euro/MWh. However, the price of electricity in the wholesale market tomorrow will be a long way off from the 176 Euro/MWh paid a year ago, a drop driven by both more renewable energy production and the lower natural gas price. in international markets due to stockpiling for the winter.

This Saturday’s figure is the result of the wholesale market’s 101.5 Euro added to the 0.5 Euro/MWh adjustment paid to those benefiting from the gas cap to compensate for power plants using this material to generate electricity.

this the most expensive timeframe will be between 19:00 and 20:00.While the payment for electricity is 133 Euro/MWh, the cheapest will reach 81 Euro/MWh between 13:00 and 14:00.

Electricity in Italy will be paid tomorrow at 100.5 Euros per MWh; 101 Euros in Germany; 98.5 euros in France and 86 pounds (about 100 euros) in the UK. In Portugal, where gas caps are also applied for electricity generation due to what is known as the ‘Iberian exception’, the price will be the same as in Spain, with which it shares a market.

Source: Informacion

Popular

More from author

Creed wanted an electric car like Gaga and the Kardashians 11:48

Rapper Yegor Creed admitted that he is considering buying a Tesla Cybertruck electric car, whose prices start at $61 thousand. The musician shared...

Chinese swimmers qualified for the Olympics despite doping 11:59

It was determined that 23 Chinese swimmers accepted to participate in the Tokyo Summer Olympics were found to have a banned substance in their...

Pashinyan explained the first stage of delimitation between Armenia and Azerbaijan 11:27

Armenia and Azerbaijan resolved the issue at the negotiation table for the first time within the framework of the agreement on the first stage...