Average electricity price for regulated rate customers connected to the wholesale market it will drop 6.8% this tuesdayup to €238.88 per megawatt hour (MWh)According to provisional data from the Iberian Energy Market Operator (OMIE) collected by Europa Press.
In this way, price for PVPC customers will fall below the 250 euro/MWh level that has been exceeded in the last three days..
As a result of this price add the average auction price in the wholesale market to the compensation that demand will pay to the combined cycle power plants For the ‘Iberian exception’ application to limit the price of gas for electricity generation.
In the auction, the average price of electricity in the wholesale market, called the ‘pool’, will be at 145.65 Euro/MWh on Tuesday.. The maximum price will be recorded at 165 Euro/MWh between 22:00 and 23:00, with a minimum of 125.10 Euro/MWh for the day between 03:00 and 05:00.
Price is added to this ‘pool’ 93.23 euro/MWh compensation to gas companies Amounts payable by consumers benefiting from the measure, regulated rate (PVPC) consumers, or those with an indexed rate despite being in the free market.
‘ in the absence of the mechanismIberian exception‘ to limit the price of gas for electricity generation, The price of electricity in Spain will be around 283 Euro/MWh on average, This is approximately 44 Euro/MWh more than compensation for regulated rate customers who will pay in this way. on average about 15% less.
The Iberian mechanism, which came into force on 15 June, limits the gas price for electricity generation to an average of 48.8 euros per MWh over a twelve-month period, thus covering the coming winter when energy prices are more expensive. .
Specifically, the ‘Iberian exception’ Determines natural gas route for electricity generation at 40 Euro/MWh price an increase of five Euro/MWh per month in the first six months and then until the end of the measure.