This average light price will drop this Saturday for regulated rate customers linked to the wholesale market 53.19 Euros per megawatt hour (MWh)representing a decrease 40.57% compared to 89.5 Euro/MWh this Friday.
In the auction, the average price of electricity in the wholesale market called the ‘pool’ this Saturday will be 53 euro/MWh. The lowest price, 35 euro, will be recorded between 15:00 and 16:00, and the maximum price will be recorded between 12:00 and 01:00 and will be 80 euro.
The following is added to the price of this ‘pool’: compensation to gas companiesMWh, which must be paid by consumers benefiting from the measure, regulated rate (PVPC) consumers, or consumers with an indexed rate of 0, €19/ for this Saturday despite being in the free market.
In the absence of the ‘Iberian exception’ mechanism, which sets an upper limit on the price of gas for electricity generation, the electricity price in Spain will be around 85.38 on average. Euro/MWh, which means 32.19 Euro/MWh more than customers in the regulated tariff will pay on average 37.7% less.
The ‘Iberian mechanism’, which came into effect on 15 June, limits the gas price for electricity generation to an average of 48.8 euros per MWh for a period of twelve months, thus covering a period of higher energy prices in the coming winter. expensive.
Specifically, the ‘Iberian exemption’ sets a path for a price increase for natural gas for electricity generation from a price of 40 Euro/MWh in the first six months and then five Euro/MWh per month until the end of the measure.
Spanish Executive asks Brussels to extend ‘Iberian exception’ between 45 and 50 euros per megawatt hour (MWh), with a similar cap to the current one, at least until the end of 2024.