The price of electricity rose 8.2% this Sunday to 185.87 euros

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Average electricity price for regulated rate customers linked to the wholesale market will increase this Sunday 8.2% compared to this Saturdayup to €185.87/MWhAccording to provisional data from the Iberian Energy Market Operator (OMIE) collected by Europa Press.

This price is formed as a result of adding the average of the auction in the wholesale market to the compensation that the demand will pay to the combined cycle power plants. ‘Iberian exception’ application Limiting the price of gas for electricity generation.

At the auction, the average price of electricity – called the ‘pool’ – in the wholesale market this Sunday will be 145 Euro/MWh. The maximum price will be recorded between 21.00 and 22.00, with 232.99 Euro/MWh, with a minimum of 88 Euro/MWh for the day between 14.00 and 15.00.

‘pool’ is added to this price 40.87 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.

Electricity price in Spain in the absence of the ‘Iberian exception’ mechanism that limits the price of gas for electricity generation this market will average 209.16 euro/MWhThis is almost 23.29 Euro/MWh more than compensation for regulated rate customers and will thus pay 11% less on average.

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 at 40 euro/MWh for electricity generation an increase of five Euro/MWh per month in the first six months and then until the end of the measure.

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