this electric it will drop more than 4% this wednesdayup to 271 € megawatt hour (MWh) and adjustment to be paid by gas cap beneficiaries to compensate facilities using this material, based on the results of the auction held at the wholesale market or ‘pool’.
In this sense, light after chaining five days to the ascension it will stop its ascentWhile it will remain well above 200 euro/MWh, it is a barrier that it has not crossed for nine consecutive days between the end of September and the beginning of October, as reflected in the data compiled by EFE. According to figures from the Iberian Electricity Market Operator (OMIE) and the Iberian Gas Market (Mibgas), the wholesale electricity price will be around the price paid by consumers at a regulated rate. 7 euros cheaper more than 278 Euros which MWh would be paid without the gas cap.
The increase in electricity demand since the beginning of the week and tension in energy marketsAwaiting how investigations into leaks from the Nord Stream 1 and 2 gas pipelines into the Baltic waters develop, it conditions values in the main European economies. In fact, the heads of state and government of the European Union will discuss the safety of critical infrastructures at the next informal summit in Prague (Czech Republic) this week.
In this context, an average of 293 euro/MWh will be paid for electricity in Italy on Wednesday, but it will reach 495 euro/MWh between 20:00 and 21:00. It will decrease from 223 euro/MWh in France to 103 euro/MWh in Germany. In Portugal, where gas caps are also applied for electricity generation due to what is known as the ‘Iberian exception’, the price will be the same as in Spain, with which it shares a market. Outside the European Union, 120 pounds (about 138 euros at current exchange rates) will be paid in the UK.
Auction and setup
If only the auction results in the wholesale market are taken into account without including the adjustment to be paid by the gas ceiling beneficiaries, MWh will drop by almost 12% up to 168 euros.
According to time zones, always with the exception of such adjustments, The most expensive price will be reached between 8:00 am and 9:00 am.When it will reach 250 euro/MWh, it will be recorded at around 127 euro/MWh, the cheapest between 23:00 and 24:00.
This should be added to the amounts, however, adjustment cost to gas plantsIts amount varies according to the volume required by the system and its price, and it has reflections on beneficiary households and companies. On Wednesday, the temporary average adjustment for consumers will be 103 euros/MWh, bringing the final price to 271 euros/MWh, about 33% more than a year ago.