this electricity price this Thursday it will increase by 9.12 euro (4.3% more) to 220.49 euro/MWhAccording to the results of the auction held this Wednesday in the wholesale electricity market.
includes figure correction payable by the beneficiaries gasmask compensating facilities that use this material to generate electricity.
Without relying on the Iberian mechanism, wholesale price would be more expensive at 1.19 euros per megawatt hour (MWh) According to Iberian Electricity Market Operator (OMIE) and Iberian Gas Market (Mibgas) data (221.68 Euros per MWh).
In Portugal, where the gas cap for electricity generation is also applied due to what is known as the “Iberian exception”, the price is the same as in Spain, with which it shares a market.
Electricity in Italy is 273.85 euro/MWh this Wednesday, 259.90 euro/MWh in France; 257.46 euro MWh in Germany; and in the UK from 223.48 Euros.
If only the auction results in the wholesale market are taken into account, excluding the adjustment to be paid by the gas ceiling right holders, The price per MWh is 145.72 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 202.07 euro/MWh.the cheapest will be recorded between 16:00 and 17:00 at the rate of 113.06 euro/MWh.
The temporary average correction for consumers today is 74.77 euros/MWh, with a final price of 220.49 euros/MWh, about 18.71% more than a year ago.
However, to these amounts must be added the cost of adjusting the gas power plants, which varies depending on the volume required and the price of the system and affects the households and beneficiary companies.