this average electricity price The wholesale market will drop slightly on Friday (-0.11%) compared to this Thursday, although it will remain Above the 214 euro level per megawatt hour (MWh).
In particular, according to data released by the Iberian Energy Market Operator (OMIE), the average electricity price this Friday will be 214.5 euro/MWh, about 24 cents more expensive than this Thursday (214.74 euro).
Like this The maximum electricity price on 3 June will be recorded at 240 Euro/MWh from 23:00 to 12:00.will take place between 16:00 and 17:00, with a minimum of 172.44 euro/MWh for the day. Average electricity price this Friday compared to a year ago 168.8% more expensive Higher than 79.8 Euro/MWh on 3 June 2021.
‘Pool’ prices have a direct impact on the regulated rate — the so-called PVPC — at which approximately 11 million households are covered in the country and serve as a benchmark for the other 17 million contracted. their supply in the free market. In fact, the National Markets and Competition Commission (CNMC) confirmed that in 2021, around 1.25 million people switched from PVPC to a free market rate at a fixed price, within the framework of the energy’s upward spiral.
On 14 May the Official State Gazette (BOE) published the Royal Decree establishing this mechanism. limiting the price of gas for electricity generation to an average of 48.8 euros per megawatt-hour (MWh) over a twelve-month period, thus covering the coming winter, a period when energy prices are more expensive. However, the mechanism, although published as a Royal Decree, awaits the official decision of Brussels and will be initialed by the Ecological Transition order for its implementation.
The government, in its calculations, 15.3% discount for electricity consumers The average covered by the PVPC-regulated rate over the 12-month period after the application of the approved cap on electricity generation from natural gas, as indicated in the impact report accompanying the decree law and accessible to the EP.
For the industrial consumer who is fully exposed to the spot price, the Government discount on invoice between 18% and 20%It varies between 15% and 17% in the first month of the mechanism, and between 13% and 15% in the last month.
However, Teresa Ribera, Minister of Ecological Transition and Demographic Struggle, there is some ‘uncertainty’ He wants to calculate the exact drop in electricity price once the gas cap for electricity generation comes into effect, but argues that the Manager’s forecast is to fluctuate between 15% and 20%.