The average electricity price in the wholesale market will increase by 45.4% this Tuesday compared to this Monday and will once again be above the market level. 230 Euros per megawatt hour (MWh), after the ceasefire in the last days.
Specifically, the average price of the ‘pool’ for this Tuesday will be 237.3 euro/MWh, 74 euros more expensive From today’s 163.13 euro/MWh, according to data published by Iberian Energy Market Operator (OMIE) Collected by Europa Press.
Thus, the wholesale electricity market, truce Last Friday continued with a Sunday, which started with 154.7 euro/MWh, the lowest since February 19 before the war in Ukraine started, and continued throughout the weekend, recording up to three hours in prices. 1 euro/MWh due to the great contribution of wind and solar energy.
The maximum electricity price for this Tuesday will be between 22:00 and 23:00. €282.26/MWh, and a minimum of 183 euro/MWh will be between 04:00 and 05:00.
Compared to just one year ago, the ‘pool’ price for this Tuesday will be 276.4% higher than before. €63.04/MWh From 12 April 2021.
‘Pool’ prices have a direct impact. regulated rate Covering around 11 million households in the country — the so-called PVPC — it serves as a reference for another 17 million households that are shrinking their supply in the free market.
In fact, the National Markets and Competition Commission (CNMC) confirmed that in 2021, around 1.25 million people switched from PVPC to a free market rate at a fixed price, within the framework of the energy’s upward spiral.
Measures to reduce the price of the receipt
On 29 March, the Government approved a national plan to deal with the impact of the crisis. war in ukraine This includes, among other measures, the extension of the tax cut on taxes on the electricity bill until 30 June and the extension of the electricity social bond to reach 1.9 million beneficiary households.
Also, it was accepted early and extraordinary update The regulated fee regime for renewable energy, cogeneration and waste (Recore) with an arrangement of 1,800 million euros, in which charges on the electricity bill are reduced.
Another measure decided by the executive was the extension of the gas reduction until 30 June in order to reduce the extraordinary profits in the electricity market, extending the scope of application to cover energy with futures and at a fixed price from the entry of the contract. the norm if the price in question is higher 67 €/MWh.
Likewise, the governments of Spain and Portugal submitted a preliminary proposal. European Commission to set a reference price of 30 Euros per MWh for gas to reduce the electricity price.