this electric tomorrow it will increase by 20% to 286 euros per megawatt hour (MWh), according to the results of the auction in the wholesale market and the adjustment to be paid after the gas cap to compensate the factories.
by operator OMIE electricity market and Iberian Gas Market (Mibgas)The wholesale electricity price (paid by regulated tariff consumers) would be 45 Euros lower than the 331.4 Euros that would have been paid per MWh had the gas cap for electricity generation not been applied.
In this sense, Teresa Ribera, Third Deputy Head of Government, assured this Wednesday: consumers pay between 20% and 30% Less electricity than they could pay in the absence of measures adopted by the Government, including the so-called Iberian mechanism.
In a context marked by the energy crisis in Europe after Russia’s invasion of Ukraine, Brussels prepares a plan that will serve to reduce energy consumption during peak hours, limiting renewable and nuclear charges and levying taxes on the extraordinary profits of energy companies.
In parallel, work on A far-reaching reform of the energy market in the long term to separate gas-based generation from renewable sourcesIt will arrive “by the end of this year”, according to Ursula Von der Leyen, head of the Community Steering Committee.
For tomorrow, in major European economies, The highest price will again be recorded in Italy, where it will reach 416 euro/MWh.
in France, The MWh will stand at 409 euros, just over the 388 euros payable in Germany.
On your own behalf The UK will reach 240.7 pounds/MWh (about 277 euros at the current exchange rate).
Where in Portugal the upper limit applies to the so-called “Iberian exception” gas, 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 cap beneficiaries have to pay to compensate the factories using this material, electricity will increase by approximately 28% to 175.4 Euro/MWh.
According to the time zones (excluding the above-mentioned adjustment), the most expensive price of 250 euro/MWh will be reached between 20:00 and 21:00; the cheapest will be recorded between 15:00 and 17:00 with 138.7 Euros.
However, the adjustment cost of gas power plants should be added to these amounts. 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 fix for consumers will be 110.6 euros/MWh, and the final price will be 286 euros/MWh, 63% more than a year ago.