The government estimates that ‘Iberian exception’ According to sources from the Ministry of Ecological Transition and Demographic Struggle, it means savings of around 2,012 million euros for Spanish consumers since its introduction.
The ‘Iberian mechanism’, which came into effect 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 rise. it is more expensive.
Special, ‘Iberian exception’ sets a path for natural gas to generate electricity at a price of 40 euro/MWh in the first six monthsfollowed by an increase of five euro/MWh per month until the end of the measure.
mechanism with its application, a discount of approximately 20% on the ‘pool’ priceincluding compensation to gas utilities, which are reference for customers of the regulated market (PVPC).