The price of electricity fell 21% in September, but still above 240 Euro/MWh

In particular, the average price of the daily wholesale market, called the ‘pool’, rose to 141.07 euro/MWh this month, 9.7% lower at the average price for September last year.

This should be added to the figure average daily compensation According to the data of the Association of Companies with Large Energy Consumption (AEGE), the price of the gas used by thermal power plants is due to the gas adjustment as a result of the monthly ceiling application of 102.48 Euro/MWh).

Difference up to fixed gas price stockpile must be financed by consumers who are exposed to the daily market price. OMIE.

The major energy consumers association shows that this ‘pool’ price of 141.07 euro/MWh is 59.2% lower than the market price. Germany and 64.3% lower France. Compared to August 2022, the average price for September was 8.9% lower.

The evolution of the daily market in 2022 and future quotes The estimated average price of the Spanish electricity market by the end of the year is 178.50 Euro/MWh, which is 60.3% cheaper than 2021, 41.4% cheaper than the German market and 63.2% cheaper than the French market.

However, AEGE does not power large industries in France and Germany. more competitive contracts more than the price of electricity markets. Thus, they benefit from the ARENH rate of 42 euro/MWh in France.

Almost 88 Euro/MWh more than France

In these first eight months of 2022, electricity prices in the German and French markets were higher than in the Spanish market. However, for electro-intensive industry It estimates a price of 251.53 Euro/MWh in Spain at the end of the year, taking into account the measures approved in its regulation and the compensations of the gas regulation.More expensive than the French price of 87.61 euro/MWh, ie 163.92 euro/MWh.

Regarding the future price of the Spanish electricity market for 2023 as of 29 September, 203.25 euro/MWh is 42.1% cheaper than a month ago and 59.5% lower than the previous year. German market price.

Up 12.2% this Saturday

Average electricity price for regulated rate customers connected to the wholesale market It will rise 12.2% on Saturday Up to 171.8 euro/MWh compared to Friday this Friday, according to provisional data from the Iberian Energy Market Operator (OMIE) collected by Europa Press.

This price is the result of adding the average of the auction in the wholesale market to the auction. compensation that demand for combined cycle power plants will pay for the ‘Iberian exemption’ to limit the price of gas for electricity generation.

At auction, the average electricity price in the wholesale market – the so-called ‘pool’ – stood at 116.09 euro/MWh this Saturday. maximum price It will be recorded at 218.65 Euro/MWh between 21:00 and 22:00. minimum 72.72 euro/MWh will be given between 15.00 and 16.00 for the day.

55.71 Euro/MWh compensation to be paid to the gas companies is added to this price of the ‘Pool’. paid by consumers benefiting from the measure, consumers of the regulated rate (PVPC) or those who have an indexed rate despite being in the free market.

9.7% less than unmeasured

In the absence of the ‘Iberian exception’ mechanism that limits the price of gas for electricity generation, the price of electricity in Spain is on average about 190.22 €/MWhThis will pay almost 18.42 Euro/MWh more than compensation for regulated rate customers and thus 9.7% less on average.

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

Specifically, the ‘Iberian exception’ specifies a route for natural gas to generate electricity at a price of 40 Euro/MWh in the first six months, and then, an increase of five euro/MWh per month until the end of the measurement.