this average electricity price for regulated rate customers linked to the wholesale market Wednesday will increase 3% compared to this MondayUp to EUR 140.63 per megawatt hour (MWh), according to provisional data from the Iberian Energy Market Operator (OMIE) collected by Europa Press.
In the auction, the average price of electricity in the wholesale market called ‘pool’ was determined. this Tuesday it stands at 125.98 euro/MWh. The maximum price will be recorded at 189 Euro/MWh between 20:00 and 22:00, with a minimum of 101.01 Euro/MWh for the day between 03:00 and 04:00.
To this ‘pool’ price is added a compensation of 14.65 Euro/MWh, which must be paid to gas companies by consumers benefiting from the measure, regulated tariff (PVPC) consumers or scheduled tariff (PVPC) consumers. they need to renew their contracts in the free market.
8% less
In the absence of the Iberian exemption mechanism to limit the gas price for electricity generation, the electricity price in Spain would average around 152.71 euro/MWh, which is 12 euro/MWh more than compensation. Thus, customers of the regulated rate will pay 7.9% less on average.
The ‘Iberian mechanism’, which came into effect on 15 June, limits the gas price for electricity generation to an average of 48.8 euros per MWh over a twelve-month period, thus covering the coming winter when energy prices rise. it is more expensive.
Specifically, the Iberian exception set a path for natural gas for electricity generation at a price of 40 euros/MWh in the first six months – until 15 December – followed by a monthly increase of five euros/MWh until measurement is complete. .
Source: Informacion
Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.