The worth of electrical energy plummets on Christmas Day to 10.63 euros/MWh, the bottom stage since May 2021


The minimal worth, of 1.45 euros/MWH, shall be given from 5:00 a.m. to 7:00 a.m., whereas the utmost worth shall be registered between 8:00 p.m. and 9:00 p.m., with 50.26 euros/MWh. firstly of December because of the most reached by hydroelectric manufacturing A 12 months in the past, on December 25, 2021, the typical worth was 226.42 euros/MWh

In this fashion, the worth of electrical energy falls 69% on Sunday in comparison with this Saturday and can as soon as once more register the bottom worth since May 9, 2021 -last Friday a brand new minimal was already reached since that date-, earlier than the beginning of the vitality disaster, when it marked 10.53 euros/MWh. A 12 months in the past, on December 25, 2021, the typical worth of electrical energy was 226.42 euros/MWh.

The worth of electrical energy thus consolidates its downward development that started firstly of December because of the most reached in 16 months by hydroelectric manufacturing. Adverse climate has began the wind generators and the rains have allowed extra era of hydraulic energy. By ceasing to rely a lot on fuel, the electrical invoice falls.

Cheap worth till 6:00 p.m.

In the public sale, the typical worth of sunshine within the wholesale market -the so-called ‘pool’- stands for this Sunday at 15.24 euros/MWh. During a lot of the day, till 6:00 p.m., the worth of electrical energy shall be beneath 5 euros/MWh.

The minimal worth, of 1.45 euros/MWH, shall be given from 5:00 a.m. to 7:00 a.m., whereas the utmost worth shall be registered between 8:00 p.m. and 9:00 p.m., with 50.26 euros/MWh, in keeping with provisional knowledge from the Operator of the Iberian Energy Market (OMIE) collected by Europa Press.

Compensation for fuel firms is added to this pool worth, which have to be paid by shoppers who’re beneficiaries of the measure, shoppers of the regulated tariff (PVPC) or those that, regardless of being on the free market, They have an listed charge, which for this Sunday is at unfavorable ranges, -4.61 euros/MWh, in keeping with provisional knowledge.

84% lower than with out making use of the ‘Iberian exception’

In the absence of the ‘Iberian exception’ mechanism to cap the worth of fuel for electrical energy era, the worth of electrical energy in Spain can be round 67.4 euros/MWh on common, which is round 56.67 euros/MWh greater than with the compensation for patrons of the regulated charge, who will thus pay 84.23% much less on common.

The ‘Iberian mechanism’, which got here into power on June 15, limits the worth of fuel for electrical energy era to a mean of 48.8 euros per MWh for a interval of twelve months, thus protecting subsequent winter, a interval wherein vitality costs are costlier.

Specifically, the ‘Iberian exception’ units a path for pure fuel for electrical energy era from a worth of 40 euros/MWh within the preliminary six months, and subsequently, a month-to-month enhance of 5 euros/MWh till the tip of the measure .