this electric tomorrow it will drop by more than 3% to 275.4 euros megawatt hour (MWh), adjustment payable based on auction results on the wholesale market or ‘pool’ and after the gas cap to compensate for facilities using this material.
According to electricity market operator OMIE and Iberian Gas Market (Mibgas), it will be the wholesale electricity price (the price paid by consumers at a regulated rate). Around €52 lower than the €327.78 MWh would have been paid had the gas cap not been applied Designed for electricity generation.
In a context marked by the energy crisis facing Europe due to the Russian invasion of Ukraine, the Energy Ministers of the Twenty-Seven agreed this week to reduce electricity consumption and tax the profits of energy companies.
In addition, they asked the European Commission for proposals to study an “immediate and temporary response” in the electricity market, including a cap on the price of gas imported from Russia.
For this Market, among the main European economies, the highest price will again be recorded in Italy, where it will reach 405.2 euro/MWh. Inside GermanyThe MWh will be 391.94 euro/MWh and just over 390.94 euro/MWh payable. France. In the case of United Kingdom, electricity will be 308.37 pounds/MWh (about 352 euros at the current exchange rate). Inside PortugalIn cases where the gas cap is also applied due to the so-called “Iberian exception”, the auction price will be the same as in Spain, with which it shares its market.
Auction and setup
If only the results of the auction in the wholesale market are taken into account, not including the adjustment that the cap beneficiaries have to pay to compensate the facilities using this material, electricity to stand at 161.42 euro/MWh, up more than 8%.
According to the time zones (excluding the above-mentioned adjustment), the most expensive price of 252 euro/MWh will be reached between 21:00 – 22:00, while the cheapest price will be recorded between 16:00 – 17:00. 98.5 euros.
However, to these amounts, it is necessary to add the adjustment cost of gas power plants, which varies depending on the volume required and the price of the system and affects the households and beneficiary companies.
For this Market, the temporary average adjustment for consumers will be 113.98 Euro/MWh, with the final price being 275.4 Euro/MWh, 82% higher than a year ago.
1011998