The average electricity price for customers with regulated rates based on the wholesale market will drop this Monday. 11.71 Euros per megawatt hour (MWh)It represents a 45.51% decrease compared to 21.49 Euro/MWh on Sunday.
Average price of lamp at auction wholesale market — the so-called ‘pool’ — this Monday it will be 13.22 euro/MWh. The lowest price of 3 euros will be given between 01:00 and 02:00 and between 03:00 and 05:00, while the maximum price will be 34.20 euros between 20:00 and 21:00.
To this ‘pool’ price is added: compensation to gas companies -1.51 Euro/MWh for this Monday, which should be paid by consumers benefiting from the measure, regulated rate (PVPC) consumers, or those with an indexed rate despite being in the free market.
72% less
In the absence of an ‘Iberian exception’ mechanism that limits the price of gas for electricity generationElectricity price in Spain will average around €42.89/MWh, which is €31.18/MWh more than customers in the regulated tariff will pay 72.70% less than on average
The ‘Iberian mechanism’ coming into effect last June 15, By limiting the gas price for electricity generation to an average of 48.8 euros per MWh for a twelve-month period, it covers the coming winter period when energy prices are more expensive.
Specifically, the ‘Iberian exception’ is a trace for natural gas for electricity generation from a price of 40 euros/MWh in the first six months and then 5 euros/MWh per month until the end of the measure.
The Spanish manager has already asked Brussels To extend the ‘Iberian exemption’ to between 45 and 50 euros per megawatt hour (MWh), with a similar cap to the current one, until at least the end of 2024.