The average electricity price for regulated rate customers linked to the wholesale market will rise to 144.73 euros per megawatt hour (MWh) on Tuesday, January 3rd. this is an increase of 26.7% compared to 114.24 Euro/MWh on Monday.
This new data confirms the upward trend in electricity prices since the beginning of this year. Last week, prices fell below 5 Euros on some days and even to zero Euros in some time periods.
Like this, This Tuesday price will be the highest since the price recorded on December 17.When e is 186.73 Euro/MWh.
At the auction, the average price of light in the wholesale market, called the ‘pool’, this Tuesday stood at 138.79 euro/MWh. minimum price, 113.63 euros, It will be given between 04:00 and 05:00, while the maximum price will be recorded between 09:00 and 10:00. 171.18 €.
To this ‘pool’ price is added: compensation to gas companiesConsumers benefiting from the measure are regulated rate (PVPC) consumers or those who, despite being in the free market, have an indexed rate of 5.94 €/MWh for this Tuesday.
23% less than applying the Iberian exception
in the absence of mechanism ‘Iberian exception’ for capping gas price for production electric, Electricity in Spain will cost around 175.12 Euro/MWh on average, which is around 30 Euro/MWh more than regulated tariff customers will pay on average 17% less.
‘Iberian mechanism’, It covers the coming winter, a period when energy prices are more expensive, by capping the price of gas for electricity generation at an average of 48.8 euros per MWh for a twelve-month period, effective June 15.
especially, heThe ‘Iberian exception’ sets a path for natural gas to be purchased at a price of 40 euros/MWh for electricity generation in the first six months, followed by an increase of five euros/MWh per month until the end of the measure.