This electricity price will drop it New Year’s Eve Up to €1.82 67%/megawatt hour (MWh), what you’re holding Close to 31 January 2021 levels (1.42 Euro/MWh), gas ceiling according to the tender in the wholesale market and the adjustment to be paid by the beneficiaries.
If you don’t have what is known as ‘Iberian mechanism‘Limiting the price of natural gas for electricity generation’, the wholesale price for this Saturday is 40.4 Euro/MWh, i.e. approx. 39 euros higherAccording to Iberian Electricity Market Operator (OMIE) and Iberian Gas Market (Mibgas) data.
The final average price is the result of applying the temporary adjustment to the 2.65 Euro/MWh recorded on the wholesale market this Saturday, which users of the gas ceiling have to pay to compensate the factories that use this material to generate electricity. It will be -0.83 Euros. Although it is not usual adjustment can sometimes be negativeIt will be repeated tomorrow as well as on other days including Friday.
This 1.82 Euro/MWh represents the lowest price since 1.42 Euro on 31 January 2021.
However, sources cited by EFE warn of an even lower value, From 9 February 2014 0.48 Eurosabout two months before the voluntary price or PVPC goes into effect for small consumers, which replaces the old TUR and allows the cost of MW to be paid per hour.
According to the time bands and excluding the adjustment, the electricity will reach its target. Highest price between 18:00 – 19:00It will be paid 20 Euro/MWh, with the lowest being 0 Euro between 03:00 and 06:00. It will also remain below 0.5 Euro/MWh for another eight hours.
Once again, Italy The Old Continent will be the exception, with an average of 224.32 euros in MWh, 99.74 pounds (about 112.4 euros to change) will be paid in the UK. In Germany, on the contrary, the value of the market is negative (-0.79 euro/MWh), while in France electricity remains low at 4.38 euro/MWh. For its part, in Portugal, where the ‘Iberian exception’ also applies, the ‘pool’ price was – without adjustment – slightly lower than in Spain and remained at 1.57 euros/MWh due to an unsuitable cheaper production. in interconnection.