Average electricity price in Turkey The wholesale market will recover 6.39% this Friday Compared to this Thursday, it exceeds the level of 190 Euros per megawatt hour (MWh).
In particular, the average electricity pricee will place it at 194.35 euro/MWh this Friday, ie 11.68 euro more expensive than this Thursday price (182.67 euros), according to data published by the Iberian Energy Market Operator (OMIE) and collected by Europa Press.
Thus, the maximum price of electricity on Friday, June 10, It will be recorded between 21:00 and 22:00 with 220.46 euro/MWh, minimum 168.92 euro/MWh for the day will be between 04:00 and 05:00.
compared to a year agoAverage electricity price for this Friday will be 132% more expensive than 83.84 Euro/MWh From 10 June 2021.
‘Pool’ prices have a direct impact on the nearly identical regulated rate – the so-called PVPC. 11 million residences in the country, and serves as a reference for the other 17 million who contract their supplies in the free market.
In fact, the National Markets and Competition Commission (CNMC) in 2021, within the framework of the upside spiral of energy,About 1.25 million people switched from PVPC to a fixed-price free market ratio.
In mid-May, the Official State Gazette (BOE) published the Royal Decree. The mechanism was set up to limit the gas price for electricity generation to an average of 48.8 Euros per megawatt/hour (MWh). for a period of twelve months, thus covering the next winter when energy prices are more expensive.
Finally, The mechanism received the green light from Brussels on WednesdayIt was initialed this Thursday with an Ecological Transition mandate for s and its implementation.
from 15 June
The so-called ‘Iberian exception’ Auction of the electricity market next Tuesday, 14 Juneand the cancellation of the wholesale electricity market, which will be held that day to determine the prices for the next day, will affect on Wednesday, June 15th.
The government limits the decrease in its calculations to 15.3%. Average electricity consumer covered by PVPC regulated rate over 12 months Implementation of the approved cap for electricity generation from natural gas, as outlined in the impact report accompanying the Decree and to which Europa Press has access.
For the industrial consumer who is fully exposed to the ‘spot’ price, the Governmentan 18% to 20% reduction in billIt varies between 15% and 17% in the first month of the mechanism, and between 13% and 15% in the last month.