this electric It will drop more than 6% to 456.59 euros per megawatt hour (MWh) this Thursdayfifth highest price on record by auction results wholesale market or “pool” and the adjustment payable after the gas cap to compensate the facilities using this material.
this price It will be the third highest since the gas cap went into effect on June 15 and stands at 16%. Below the maximum recorded on 8 March of 544.98 euro/MWh, almost two weeks after the start of the Russian invasion of Ukraine
However, according to data from electricity market operator OMIE and Iberian Gas Market (Mibgas), The wholesale electricity price (the price paid by consumers with a regulated tariff) will be approximately 57 euros lower than the 513.29 euros payable per MWh. no upper limit for gas for electricity generation.
The drop came after European Commission president Ursula von der Leyen announced a possible “urgent response” in the electricity market on Tuesday afternoon.
Commission’s decision It comes after an August that set record prices across Europe, With an average of 308.31 Euro/MWh in Spain, it is the most expensive electricity month in history.
In this sense, the energy instability it is exposed to The Old Continent will continue to cause historically high levels in the main economies of the continent, although there will be a slight decrease in most countries tomorrow.
The highest price will be recorded in Italy with 661.36 euro/MWh, followed by France with 635.63 euro/MWh.
On your own behalf Germany Average price of 571.2 euro/MWh will be achieved, compared to 406 pounds/MWh From the UK (approximately 473 Euros at current exchange rates).
in Portugal, where the ceiling is also applied to the gas due to the so-called “Iberian exception”, the auction price will be the same as in Spain, a country with which it shares its market.
Auction and setup
If only the results of the auction in the wholesale market are taken into account, without including the adjustment that the gas cap beneficiaries have to pay to compensate the facilities using this material, electricity will increase by almost 5% to 193.36 Euro/MWh.
According to time zones (and not always including the adjustment mentioned above), the maximum price will be recorded between 22:00 and 23:00 at 250 Euro/MWh; The minimum will be 148.6 Euro/MWh between 16:00 and 17:00.
However, these amounts we have to add the cost of tuning to gas plants, The amount varies depending on the volume required and the price of the system and affects beneficiary households and businesses.
For tomorrow, the temporary average correction for consumers will be 263.23 euro/MWh, Around 70 euros higher than the average price of the auction, where the final price will be 456.59 euros/MWh, more than three times the price a year ago.