This electricity The Spanish wholesale market will pay an average of 103.24 euros per megawatt / hour this Monday. About lowest price ever this year The second day in a row and the lowest of the major European economies: today equates to 175.93 euros in Italy, 123.55 in France and 120.23 in Germany and around 133 euros in the UK outside the EU. .
The contribution of renewable energies (solar and wind) and low demand for Easter (this Monday is a holiday in six out of 17 autonomous communities) contributed to the electricity price falling to levels not seen since 96.08 traded on 27 December. . wholesale pricea has a direct impact on users subscribing to the regulated tariff (PVPC), in customers assigned to rates in the free market, which is 60% of the households, constituting 40% of consumers only indirectly and when contract conditions are revised (PVPC).
Regarding the eve of the war, which was a turning point, turning point on the rise energy shortageElectricity is 47.28% cheaper in Spainand the reduction is 81%, relative to the historical maximum reached on 8 May. Despite this, the kilowatt-hour is still 64% more expensive than a year ago.
There have been hours in recent days when the electricity price has dropped to 3.7 euros (yesterday Sunday) and 1.03 euros the previous Sunday, compared to the record 700 euros paid at certain times on 8 March.
Price:%s
103.24 Euros per megawatt/h
The electricity price in the Spanish wholesale market today marks the second lowest cost of the year for the second consecutive day. Despite this decrease, the kilowatt hour is still 64% more expensive than it was twelve months ago.
71.19 Euros per megawatt/h
Natural gas trades at €71.19 per megawatt hour, four times higher than the 2021 low, but below the start of the war.
$111.23 per barrel
Oil is still more expensive than it was before the conflict, although it has been falling since March. Fuels have also gotten cheaper in Asturias since last month, but are still higher than the day before the invasion.
Gas. gas, which It has an impact on the formation of the electricity price by the existing marginal system. The EU has also lost position, with 71.19 euros per megawatt/hour in the Iberian market, 9.58% below the eve of the Russian invasion of Ukraine, which further triggered its price. But it’s still four times more expensive than the cheapest price paid in 2021.
Fuels. Although Brent crude (European reference) dropped $17.56 per barrel compared to March 8, oil still more expensive in ukraine than before the war. It is trading at $111.23. As a result of this increase in raw material prices (14.8% at final price), so are fuels. The average price of 95 octane gasoline per liter in Asturias is 1,815 Euros. It represents a 4.7 cents reduction in price compared to the maximum reached on March 29. It still costs 19.6 cents more than the day before the gunfight. The consumer pays a little less than then, thanks to the government-approved discount of 20 cents and the additional offers of some oil companies that can go up to 30 or 40 cents depending on promotions. Diesel, which has been above the price of gasoline since March 23, is trading at an average price of 1,839 euros: 33.2 cents more than on February 23, but 6.2 below the maximum on February 29.