The price of electricity remains above 208 euro/MWh this Tuesday

Specifically, the average price of the ‘pool’ for this Tuesday will be 208.71 euro/MWh, slightly less than 208.74 euros for this Monday, According to data published by the Iberian Energy Market Operator (OMIE) and collected by Europa Press.

The minimum electricity price for this 10 May will be between 176.22 Euro/MWh and 16.00-17.00, with a maximum of 237.95 Euro/MWh for the day and recorded between 08:00 and 09.00. .

Compared to a year ago The average electricity price for this Monday will be 252% more expensive than 59.26 Euro/MWh on 10 May 2021.

‘Pool’ prices have a direct impact on the regulated rate – the so-called PVPC – which covers around 11 million households in the country and serves as a reference for other households. 17 million, which narrows its supply in the free market.

In fact, the National Markets and Competition Commission (CNMC) confirmed that in 2021, around 1.25 million people switched from PVPC to a free market rate at a fixed price, within the framework of the energy’s upward spiral.

April’s bill is 53% more expensive

last April, the average user’s electricity bill reached 124.90 euros, 53.2% higher than 81.55 euros compared to the same month last yearIt ranks fifth in history, according to data from Facua-Consumers in Action.

However, the invoice decreased by 29.3% in April compared to March, when a historical record monthly electricity price of more than 283 euro/MWh was generated in the wholesale market.

Iberian exception

a few weeks agoThe governments of Spain and Portugal reached an agreement with Russia. The European Commission will limit the gas price in the wholesale electricity market of the Iberian Peninsula, which will average around 50 Euro/MWh over the next twelve months.

According to the agreement reached with the Community Manager, which now needs to be approved by the Council of Ministers, the reference price for gas will initially be set at around EUR 40/MWh, with an average of EUR 50/MWh over the entire period. 12 months in force, 20 euros more than the 30 euro/MWh upper limit recommended by Spain and Portugal.

Also on March 29 The government has approved a national plan to deal with the effects of climate change. war in ukraine This includes, among other measures, the extension of the tax cut on taxes on the electricity bill until 30 June and the extension of the electricity social bond to reach 1.9 million beneficiary households.

An early and extraordinary update of the regulated fee regime for renewable energy, cogeneration and waste (Recore) was also adopted with a 1,800 million Euros cut in electricity bill fees.

Another measure decided by the executive was the extension of the gas reduction until 30 June in order to reduce the extraordinary profits in the electricity market, extending the scope of application to cover energy with futures and at a fixed price from the entry of the contract. the norm if the price in question is higher than 67 Euro/MWh.