The average electricity price in the wholesale market will increase tomorrow Saturday, 56.16% and will stop at 241.59 euros per megawatt hour (MWh) average, thus breaking the three-day low.
According to data from the Iberian Electricity Market Operator (OMIE), tomorrow’s price is 7.33% higher than a week ago when it was 225.08 euro/MWh.
According to time zones, electricity will be more expensive Between 20:00 and 22:00, when the electricity cost will be 294.88 €/MWh, It will reach the lowest price of the day between 16:00-17:00 with 184.67 Euro/MWh.
Today, Thursday, the average electricity price has dropped below 200 Euro/MWh for the first time since the start of the war in Ukraine, a drop caused by large renewable generation, resulting in the minimum price at 7 per day. euro/MWh.
The average electricity price for tomorrow is almost It is four times higher than recorded on the second Saturday of April 2021.
So far in April, the average electricity price stands at €229.01/MWh, 19% lower than March, the most expensive month in history.
According to the information system Electricity GridEsios, the voluntary price for small consumer (PVPC) with around 11 million users (including beneficiaries of the social bonus), known as the regulated rate, averaged 234.39.23 euros/MWh this Friday. 30.22% less than Thursday.
This PVPC data includes the result marked in the daily ‘pool’ (today 154.7 Euro/MWh) in addition to other intraday market charges and is what determines the variable portion of the monthly electricity bill.
Average electricity prices in the rest of the European markets will be €243.09/MWh in the UK tomorrow; 241.63 euro/MWh in France; 241.59 Euro/MWh in Portugal; 235.32 Euro/MWh in Italy and 59.83 Euro/MWh in Germany.