Electricity rose to its third highest price of 459.4 euro/MWh this Tuesday

Electricity will go up close this Tuesday 9% up to 459.4 euros megawatt hour (MWh), the third highest price since records were found based on the results of auctions on the wholesale market or “pool” and any subsequent adjustment gasmask To compensate for the plants that use this material.

This price will highest since cap went into effect gas On June 15, almost two weeks after the start of the Russian invasion of Ukraine, although still 16% below the maximum level of 544.98 Euro/MWh recorded on 8 March.

However, according to data from electricity market operator OMIE and Iberian Gas Market (Mibgas), the wholesale price of electricity (paid by consumers at a regulated rate) would be approximately 62 euros lower than 521.31 euros of MWh. It would have been paid if the gas cap for electricity production had not been applied.

Source: Informacion

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