this electricity price tomorrow it will increase by more than 3% to 238 euro/MWh, According to the results of the auction held this Monday in the wholesale electricity market.
The figure includes the adjustment payable. beneficiaries of the upper limit gas to compensate for facilities that use this material to generate electricity.
Without the Iberian mechanism, the wholesale price would have been €239.5 per MWh. Operator of the Iberian Electricity Market (OMIE) and Iberian Gas Market (Mibgas).
Sources from the Ministry of Ecological Transition and Demographic Challenge explained to EFE the following fact: the price of the gas market is falling, the difference between the two values is narrowingAdded to this is the theoretical efficiency of gas plants awarded 55%.
Again, there are less efficient facilities that come into the equation to meet demand on certain dayswhen larger volumes of gas are required, it causes the ministry’s calculations of savings by the gas cap to be lower than the actual data.
in Italy, itElectricity is paid at 284 euro/MWh today, while in France it is 269 euro/MWh, and 259 in Germany and 187 pounds in the United Kingdom (about 214 Euros at current exchange rates).
In Portugal, where it is also implemented cap on gas for electricity generation through what’s known as “Iberian exception”, the price is the same as in Spain, a country it shares its market with.
Auction and setup
If only your results wholesale market auction Excluding the adjustment that beneficiaries of the gas ceiling will pay, MWh will rise to 171 Euros.
Always with the exception of such adjustments, according to time zones, the most expensive price will be reached between 20:00 and 21:00, when it will reach 246 euro/MWh, the cheapest will be between 4:00 and 5:00, around 135 euro/MWh.
However, these amounts must be added to the cost of adjusting gas power plants. The amount varies depending on the volume required and the price of the system and affects beneficiary households and businesses.
Temporary average correction for consumers today is 67.5 euro/MWh, The final price is 238 euro/MWh, about 30% higher than a year ago.