Electricity price will exceed 200 euros this Monday, ten days from below

this electric will recover slightly more than 35% to 251.24 euros this Monday megawatt hour (MWh), adjustment to be paid by gas cap beneficiaries based on the results of the auction held at the wholesale market or “pool” and to reimburse facilities using this material.

This is the fourth consecutive increase to break the 200 euro/MWh barrier ten days later, and as reflected in the data prepared by Efe, it marks the highest price since September 22nd at 297.96 euro/MWh.

According to figures from the Iberian Electricity Market Operator (OMIE) and the Iberian Gas Market (Mibgas), the wholesale electricity price will be the price paid by consumers at a regulated rate. About 10 euros cheaper than the 261.38 euros to be paid in MWh without the gas cap.

As we await the investigations into the Baltic water leaks from Nord Stream 1 and 2 gas pipelines, the rise in electricity demand and tensions in energy markets are conditioning values ​​in the main European economies since the beginning of the week. .

In fact, the heads of state and government of the European Union will discuss the security of critical infrastructure at the next informal summit next week in Prague on October 6 and 7.

In this context, an average of 346.73 euros/MWh will be paid for electricity this Monday. Italy, but between 20:00 and 21:00 it will be close to 550 euro/MWh. On your own behalf France 287.71 euro/MWh, peaks will be 466 euro and 209.35 euro/MWh between 19:00 and 20:00. Germany. Inside PortugalWhere gas caps are also applied for electricity generation due to what is known as the “Iberian exception”, the price will be the same as in Spain, with which it shares a market. outside the European Union, United Kingdom225 pounds (approximately 256 Euros at current exchange rates) will be paid.

If only the auction results in the wholesale market are taken into account, without including the adjustment to be paid by the gas ceiling beneficiaries, MWh will return to 200.38 euros.

According to the time zones, always excluding such an adjustment, the most expensive price will be recorded between 20.00 and 21.00, when it reaches 270 Euro/MWh, the cheapest price will be recorded between 15.00 and 4 PM. :00 pm :00 hour, approx. 165 Euro/MWh.

This should be added to the amounts, however,adjustment cost to gas plantsIts amount varies according to the volume required by the system and its price, and it has reflections on beneficiary households and companies.

For this Monday, the temporary average adjustment for consumers will be 50.86 Euro/MWh with the final price of 251.24 Euro/MWh, about 35% more than on the first Monday of October last year.


Source: Informacion


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