The price of electricity rose by 2.5% to 184.57 Euro/MWh

The average electricity price in the wholesale market will increase by 2.53% this Wednesday compared to the price on Tuesday, specifically going up to 184.57 euros megawatt-hours (MWh), so it will stay that way. Below 200 euro/MWh It is the fifth consecutive day, according to data published by the Iberian Energy Market Operator (OMIE) and collected by Europa Press.

This Maximum price The amount of light for this Wednesday will be 227.98 Euro/MWh between 07:00 and 08:00, with a minimum of 155 Euro/MWh for the day recorded between 16:00 and 17:00.

Compared to a year ago, half price The cost of electricity this Wednesday will be 140.83% more expensive than 61.09 Euro/MWh on 25 May 2021.

‘Pool’ prices have a direct impact on regulated rate – so-called PVPC— serves as a reference for the other 17 million in the country, which includes nearly 11 million households and is shrinking their supply in the free market.

In fact, the National Markets and Competitiveness Commission (CNMC) will expect approximately 1.25 million people They switched from PVPC to a rate on the free market at a fixed price.


On 14 May the Official State Gazette (BOE) published the Royal Decree establishing this mechanism. limit gas price for electricity generation on average 48.8 Euros per megawatt/hour (MWh) over a twelve-month period, thus covering the coming winter when energy prices are more expensive.

However, although the mechanism has been published as a Royal Decree, its official decision is pending. Brussels and its application must be initialed by order of the minister.

In its calculations, the government limits the discount to the average electricity consumer covered by insurance to 15.3%. PVPC regulated rate During the 12-month period after the application of the approved cap for electricity generation from natural gas, as set out in the impact report that Europa Press has access to and accompanying the decree law.

For the industrial consumer who is fully exposed to the spot price, State estimates a reduction of 18% to 20% in the bill, which oscillates between 15% and 17% in the first month of the mechanism, and between 13% and 15% in the last month.

Despite this, Teresa Ribera, Minister for the Ecological Transition and Demographic Challenge, said on Monday that a certain “uncertaintyHe wants to calculate the exact drop in electricity price once the gas cap for electricity generation comes into effect, but argues that the Manager’s forecast is to fluctuate between 15% and 20%.

The measure will thus help bring it under control. price increase and inflation, and above all it will act as a firewall against gas price volatility resulting from the war in Ukraine, while also facilitating the reform of the regulated rate called PVPC. They will come.

Source: Informacion


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