The price of electricity fell 0.4% this Wednesday to 236.14 Euro/MWh

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.

In the auction, the average price of electricity in the wholesale market, called the ‘pool’, was 139.30 Euro/MWh on Wednesday. The maximum price will be recorded at 172.01 Euro/MWh between 08:00 and 09:00, while the minimum price for the day is, €99.67/MWhIt will be held between 19:00 and 20:00.

Price is added to this ‘pool’ compensation Consumers benefiting from the measure are 96.84 Euro/MWh to gas companies, which must be paid by regulated rate (PVPC) consumers or by consumers with indexed rate despite being in the free market.

30% less

In the absence of the ‘Iberian exception’ mechanism that limits the price of gas for electricity generation, the electricity price in Spain would average around 338.71 euro/MWh, which is around 102.5 euro/MWh more than compensation. for regulated rate customers who will pay in this way On average 30.2% less.

The ‘Iberian mechanism’ that came into force on 15 June gas price for electricity generation at an average of 48.8 Euros per MWh over a twelve-month period, thus covering next winter, a period when energy prices are more expensive.

Specifically, the ‘Iberian exception’ sets a path for natural gas for electricity generation in Europe at a price of 40 euro/MWh. first six months followed by an increase of five euro/MWh per month until the end of the measure.