Electricity price jumped to 287 euros on Tuesday

this electric will rise more than 7% this Tuesday until you reach 287 euros per megawatt hour (MWh) is the highest price since October 4 two months ago, when it was paid at 289 Euro/MWh according to the results of the auction in the wholesale electricity market.

not counting the callIberian mechanismThe wholesale price for tomorrow, which limits the price of natural gas for electricity generation, is 333 Euro/MWh, i.e. approx. 45 euros higherAccording to Iberian Electricity Market Operator (OMIE) and Iberian Gas Market (Mibgas) data.

The final average price is the result of adding the temporary adjustment that users of the gas ceiling have to pay to compensate the factories that use this material to generate electricity, to the 153.4 Euro/MWh recorded in the wholesale market for this Tuesday. It will be 134 Euro/MWh.

According to time bands and excluding adjustment, electricity will reach highest price between 20:00 and 21:00At 195 euro/MWh and the lowest between 7:00 am and 8:00 am, the price will be 131 euro/MWh.

After this increase, the electricity price this Tuesday 37% more expensive than a year agoAt 210 Euro/MWh.

However, the price in Spain is still below that registered in neighboring countries, even without the throttle cap applied. The average price in France will be 418.4 Euro/MWh; 401 euro/MWh in Italy; 386.4 Euros/MWh in Germany and 316 pounds/MWh (approximately 367 Euros/MWh) in the United Kingdom.

Source: Informacion

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