this average electricity price In the wholesale market, it will drop 4.96% on Saturday. Compared to this Friday, it stands below 210 euros per megawatt hour (MWh).
Specifically, the average electricity price will be in the US this Saturday. €203.86/MWhAccording to data released by the Iberian Energy Market Operator (OMIE) and collected by the EP, it is about 10.64 cents cheaper than the price this Friday (214.5 euro).
Thus, the maximum electricity price on June 4 will be recorded. Between 23.00 and 12.00 with 245.86 Euro/MWhThe daily minimum value of 155.60 Euro/MWh will occur between 17:00 and 18:00. Compared to a year ago, the average electricity price for this Saturday will be 152.95% more expensive than 80.59 Euro/MWh on 4 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), in 2021, up spiral frame Energyabout 1.25 million people switched from PVPC to free market price at a fixed price.
On 14 May, the Official State Gazette (BOE) published the Royal Decree setting the mechanism for limiting the gas price for electricity generation to an average of 48.8 euros per megawatt hour (MWh) over a twelve-month period. It covers the next winter when energy prices are more expensive. However, although the mechanism was published as a Royal Decree, Official decision of Brussels is awaited and must be initialed with an Ecological Transition order for its implementation.
In its calculations, the government limits the discount to the average electricity consumer covered by the PVPC-regulated rate to 15.3% during the 12-month period after the application of the approved cap for electricity generation from natural gas. and the executive order to which the EP has access.
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, some “uncertainty” in calculating the discount The exact price of electricity when the gas cap for electricity generation comes into effect, however, argues that the Manager’s forecast is to fluctuate between 15% and 20%.