The average electricity price for regulated tariff customers connected to the wholesale market will drop by 2.9% on Tuesday compared to this Monday, to 237.1 euros (MWh) per megawatt hour (MWh). Iberian Energy Market Operator Collected by (OMIE) Europa Press.
This price is the result of adding the auction average. wholesale market to the compensation to be paid to combined cycle power plants by the request for the application of the ‘Iberian exception’ to limit the gas price for electricity generation.
At auction, the average price of electricity in the wholesale market — the so-called ‘pool‘– Stayed at 143.20 euro/MWh on Tuesday. The maximum price will be recorded at 180.03 Euro/MWh between 22:00 and 23:00, with a minimum of 105 Euro/MWh for the day between 17:00 and 18:00.
Price is added to this ‘pool’ compensation 93.9 Euro/MWh to gas companies, which must be paid by consumers benefiting from the measure, regulated rate (PVPC) consumers or consumers with indexed rate despite being in the free market
30% less
In the absence of the ‘Iberian exception’ mechanism that limits the gas price for electricity generation, the electricity price in Spain would average around 339.81 euro/MWh, which is around 102 euro/MWh. most regulated rateso you will pay 30% less on average.
The ‘Iberian mechanism’, which came into force on 15 June, limits the price of gas for electricity generation to an average of 48.8 euros per MWh over a twelve-month period, thus covering the coming winter. energy prices they are more expensive.
especially, ‘Iberian exception’ It determines the route of natural gas for electricity generation at a price of 40 euros/MWh in the first six months, followed by an increase of five euros/MWh per month until the end of the measure.
Source: Informacion
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