The price of electricity fell 19.46% to 75.19 Euro/MWh on Tuesday.

The average electricity price for customers with regulated rates linked to the wholesale market will drop 19.46% this Tuesday compared to this Monday. 75.19 Euros per megawatt hour (MWh)therefore, at 66.17 Euro/MWh, it marks the lowest price since last November 22.

At the auction, the average price of light in the so-called ‘pool’ wholesale market this Tuesday was 65.41 euro/MWh. a) Yes, The maximum price will be recorded between 19:00 and 20:00.According to provisional data compiled by Europe Press of the Iberian Energy Market Operator (OMIE), a minimum of 107 Euro/MWh with a minimum of 4.11 Euro/MWh will occur in the period between 02:00 and 05:00.

To this ‘pool’ price is added: compensation to gas companies This amount, which must be paid by consumers benefiting from the measure, regulated rate (PVPC) consumers or those with an indexed rate despite being in the free market, is 9.78 euro/MWh for this Tuesday.

Price for this Tuesday lowest since last November 22, Between 1 and 20 December, the average of regulated tariff customers linked to the wholesale market was 185.47 Euro/MWh, compared to 120.79 Euro/MWh in the same period of the previous month.

57.85% less

In the absence of an ‘Iberian exception’ mechanism that limits the price of gas for electricity Generation, The price of electricity in Spain will average around 178.37 euros/MWh, which will be around 103.18 euros/MWh more than customers of the regulated fee will pay on average 57.85% less.

‘Iberian mechanism’, It covers the coming winter, a period when energy prices are more expensive, by capping the price of gas for electricity generation at an average of 48.8 euros per MWh for a twelve-month period, effective June 15.

Specifically, the ‘Iberian exception’ specifies a way for natural gas to generate electricity from 10000000000000000000000000000000000000000000000000000000000. €40/MWh an increase of five euros/MWh per month in the first six months and then until the end of the measure.

Source: Informacion

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