Overview of the Regulated Electricity Price Shift and Market Dynamics
The average price for regulated-rate customers, linked to the wholesale market, is set to rise this Friday by approximately 19.3 percent compared with Thursday. The new ceiling could reach as high as 211.69 euros per megawatt hour, reflecting the volatility and immediate pressures seen in wholesale energy trading.
In the Iberian electricity auction, known as the pool, the wholesale market price for Friday averages at 144.39 euros per megawatt hour. Projections show the highest hourly price between 19:00 and 20:00 at about 170.42 euros per MWh, while the lowest price for the day is anticipated between 03:00 and 04:00, around 110 euros per MWh. These figures are based on provisional statements collected by Europa Press from data provided by the Iberian Energy Market Operator, OMIE, and reflect the typical intraday fluctuations seen in day-ahead electricity markets. [OMIE data, as reported by Europa Press].
The pool price is then augmented by a specific passthrough component. This adjustment covers compensation payments to gas suppliers and applies to consumers under the PVPC tariff that is regulated, as well as those on a tariff in the free market that is indexed. For this Friday, the additional amount is 67.30 euros per MWh, amplifying the final price signal seen by end users and illustrating how regulatory mechanisms influence consumer bills in the short term. [Data attribution: OMIE via Europa Press].