For regulated rate customers linked to the wholesale market, the average electricity price will drop to €8.58 per megawatt hour (MWh) this Sunday, which means: a 62.07% decrease compared to 22.62 Euro/MWh this Saturday.
At the auction, average price of light in wholesale market -the so-called ‘pool’- is 10.28 Euro/MWh for this Sunday. The minimum price of 4.16 euros will be recorded between 04:00 and 09:00, and the maximum price will be recorded between 20:00 and 22:00 and will be 40 euro.
Compensation for gas companies is added to this pool price, Consumers benefiting from the measure are consumers of the regulated rate (PVPC) or consumers with an indexed rate despite being in the free market, with negative figures for this Sunday (-1.70 Euro/MWh).
in your absence mechanism With the ‘Iberian exception’ limiting the price of gas for electricity generation, the electricity price in Spain will be around 37.61 Euro/MWh on average; so you pay an average of 77.19% less.
The ‘Iberian mechanism’, which came into force on 15 June, Limits 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, the period when energy prices are most expensive.
SpecialThe ‘Iberian exception’ sets a path for natural gas at a price of 40 Euro/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.