Electricity rises 70 euros this Monday in comparison with at the moment’s minimal, as much as 80.31 euros/MWh

The common worth of electrical energy for regulated price clients linked to the wholesale market will rise this Monday to 80.31 euros per megawatt hour (MWh), which is 70 euros greater than the minimal of 10.63 euros/MWH marked this Sunday, Christmas day.

Despite tomorrow’s sharp rise, the value of electrical energy is beneath every week in the past, on Monday, December 19, when it was 96.41 euros/MWh.

A yr in the past, on December 25, 2021, the common worth of electrical energy was 188.53 euros/MWh.

In the public sale, the common worth of sunshine within the wholesale market -the so-called ‘pool’- stands for this Monday at 77.32 euros/MWh. The minimal worth, of 24.10 euros/MWH, will probably be given from 03:00 a.m. to 04:00 a.m., whereas the utmost worth will probably be registered between 7:00 p.m. and eight:00 p.m., with 189.26 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 price, which for this Monday stands at 2.99 euros/MWh, in keeping with provisional knowledge.

37% lower than with out making use of the measure

In the absence of the ‘Iberian exception’ mechanism to cap the value of fuel for electrical energy technology, the value of electrical energy in Spain can be round 129.25 euros/MWh on common, which is round 48.94 euros/MWh greater than with the compensation for regulated price clients, who will thus pay 37.86% much less on common.

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

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