Light dropped to 21.12 Euro/MWh, the lowest price in a year and a half

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Average electricity price for customers with regulated rates based on the wholesale market It will drop 59.7% this Friday Up to 21.12 euros per megawatt hour (MWh) compared to Thursday.

In this way, it deepens the decline that started since the beginning of the week and Lowest record since May 9, 2021, before the onset of the energy crisis, when it was marked at 10.53 euros/MWh.

One year ago, average electricity price on December 23, 2021 383.67 Euro/MWh.

At auction, the average price of light in the wholesale market — the so-called ‘swimming pool‘– set for this Friday 22.34 euros/MWh. According to the temporary arrangement, the maximum price will be 67.90 Euro/MWh between 20:00 and 21:00, and the minimum 4.12 Euro/MWh will be between 02:00 and 06:00. Data from the Iberian Energy Market Operator (OMIE) collected by Europa Press.

To this ‘pool’ price is added: compensation to gas companiesPayable by consumers benefiting from the measure, regulated rate (PVPC) consumers, or those with an indexed rate that is at negative levels for this Friday despite being in the free market, -1.22 Euro/MWh.

Although the price for this Friday lowest of the whole year Between 1 and 22 December, the average of scheduled customers subject to wholesale market regulation was 116 Euro/MWh in the same period of the previous month, while still on average 174.21 Euro/MWh.

79.3% less

In the absence of an ‘Iberian exception’ mechanism to limit the price of gas for electricity generation, the average price of electricity in Spain would be around 102.07 Euro/MWh; this is approximately 80.95 Euro/MWh more than compensation. customers of the regulated rate who will pay in this way On average 79.3% less.

Iberian mechanismThe ”’, which came into effect on 15 June, limits the gas price for electricity generation to an average of 48.8 euros per MWh for a period of twelve months, thus covering the coming winter, a period when energy prices are more expensive.

Specifically, the ‘Iberian exception’ specifies a way for natural gas to generate electricity from 10000000000000000000000000000000000000000000000000000000000. €40/MWh an increase of five euros/MWh per month in the first six months and then until the end of the measure.

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