Average electricity price for regulated rate customers wholesale market From 93.86 Euro/MWh this Thursday, it will drop to 89.5 Euros per megawatt hour (MWh), representing a 4.65% drop this Friday.
At auction, the average price of light in the wholesale market —the so-called ‘pool’— this Friday it will be at 88.48 euro/MWh. The lowest price will be 38.7 euros between 04:00 and 05:00, and the maximum price will be between 20:00 and 21:00 and will be 154.7 euros.
To this ‘pool’ price is added: compensation to gas companiesMWh, which should be paid by consumers benefiting from the measure, regulated rate (PVPC) consumers, or consumers with an indexed rate of 1.02 Euro/ for this Friday despite being in the free market.
26% less
In the absence of the ‘Iberian exemption’ mechanism that limits the price of gas for electricity generation, the price of electricity in Spain would average around 121.15 Euro/MWh, which is 31.65 Euro/MWh more than compensation to customers. between regulated ratethus, it will pay 26.13% less on average.
The ‘Iberian mechanism’, which came into force on 15 June, limits the average price of gas for electricity generation. 48.8 Euros per MWh for a period of twelve months, thus covering the coming winter, the period when energy prices are most expensive.
Specifically, the ‘Iberian exemption’ sets a path for natural gas for electricity generation at a price of 40 Euro/MWh in the first six months, followed by an increase of five Euro/MWh per month. measure to the end.
The Spanish Executive asked Brussels to at least extend the ‘Iberian exception’. until the end of 2024 between 45 and 50 euros per megawatt hour (MWh), with a cap similar to the current one.