this average electricity price for regulated rate customers linked to the wholesale market This Tuesday will rise 0.97% from this Monday to as high as 272.87 euros. Per megawatt hour (MWh) according to provisional data from the Iberian Energy Market Operator (OMIE) collected by the EP.
This price is the result of adding the average of the auction in the wholesale market to the compensation that the demand will pay to the combined cycle power plants for the application of the Iberian exception to limit the gas price for electricity generation.
At the auction, the average electricity price in the wholesale market – the so-called ‘pool’ – stood at 143.99 euro/MWh this Tuesday. this the maximum price will be recorded between 21:00 and 22:00 at 170.17 Euro/MWh.The minimum value for the day, which is 121 euro/MWh, will be between 16:00 and 17:00.
Price is added to this ‘pool’ 128.88 euro/MWh compensation to gas companies Amounts payable by consumers benefiting from the measure, regulated rate (PVPC) consumers, or those with an indexed rate despite being in the free market.
12% less than without measure
In the absence of the Iberian exemption mechanism to limit the gas price for electricity generation, the electricity price in Spain would average 309.88 Euro/MWh, which is about 37 Euro/MWh more than compensation. for customers of the regulated tariff, so on average they will pay 12% less.
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 specifies a path for natural gas to generate electricity from an electrical source. price of 40 euro/MWh in the first six monthsfollowed by an increase of five euro/MWh per month until the end of the measure.
Source: Informacion
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