Overview of Iberian electricity pricing for regulated and market participants
The current average electricity price is set to rise by 27.36 percent this Thursday for regulated rate customers who are linked to the wholesale market. The observed increase compares with the previous day, and this level has not been seen since early September of last year, according to provisional figures from the Iberian Energy Market Operator, OMIE, and reported by Europe Press.
For this Thursday the average price is expected to reach 327.33 euros per megawatt hour, which represents a rise of 70.32 euros compared with Wednesday. The movement reflects the combined effect of the daily auction results in the wholesale market along with compensation payments tied to the Iberian exception scheme aimed at moderating gas costs used for electricity generation.
In the wholesale market auction, often referred to as the pool, the average price is projected to be 176.46 euros per MWh for Thursday. The market will briefly show a peak at 215.25 euros per MWh between 21:00 and 22:00, while the minimum for the day is forecast at 155 euros per MWh during the window from 23:00 to 12:00.
On top of the pool price, a compensation of 150.87 euros per MWh is added. This additional amount is earmarked to gas suppliers, though users benefiting from the Iberian measure include those on the regulated PVPC tariff or taxpayers. In contrast, the free market price indexation continues to apply for consumers outside the regulated rate.
These dynamics illustrate how the Iberian mechanism seeks to blend wholesale price signals with targeted support to limit the impact of gas-driven generation costs. The result is a pricing structure that can move considerably from day to day, influenced by supply constraints, bid behavior in the auction, and policy decisions related to energy cost containment for households and businesses.
Industry analysts point out that the mix of pool values and compensatory payments creates a blended effective price that differs from the wholesale benchmark alone. In practical terms, regulated customers may see swings driven by the Iberian exception implemented to cushion gas price volatility, while consumers on the free market experience a different pricing path tied to market-indexed contracts. Market participants and observers continue to monitor how these elements interact as wholesale conditions evolve and the policy framework remains in effect.
All price information cited derives from OMIE provisional data as compiled by Europe Press and represents the latest available readings for the current period. The figures include the expected day-ahead pool values together with the ancillary compensation and their intended distribution across regulated and unregulated sectors.
Cited sources focus on the mechanics of the Iberian electricity pricing model and its practical implications for consumers and generators. The ongoing assessment from market operators highlights the need for careful interpretation of daily fluctuations and the broader context of energy policy in the Iberian Peninsula.