The technology with fuel has virtually disappeared from the system within the final 5 days The wind is occupying the hole of the mixed cycles and sinking the value of electrical energy that falls an extra 20% The value in Spain will likely be as much as 4 instances cheaper than in France, Germany or Italy
The common value of electrical energy for regulated price prospects linked to the wholesale market will fall this Thursday by 19.55% in comparison with this Wednesday, to 52.51 euros per megawatt hour (MWh), which is its lowest document. in thus far this yr.
In the public sale, the common value of sunshine within the wholesale market -the so-called ‘pool’- stands for this Thursday at 52.03 euros/MWh, thus additionally marking the bottom degree of all of 2022.
The most value this Thursday will likely be recorded between 8:00 p.m. and 9:00 p.m., with 75.74 euros/MWh, whereas the minimal, of 30 euros/MWh, will happen between 02:00 a.m. and 03:00 a.m., based on provisional information from the Operator of the Iberian Energy Market (OMIE) collected by Europa Press.
Compensation for fuel corporations is added to this pool value, which should 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 Thursday stands at 0.48 euros/MWh.
Despite the truth that the value for this Thursday would be the lowest of the complete yr, the common for regulated price prospects linked to the wholesale market between December 1 and 22 nonetheless stands at 174.21 euros/MWh on common , in comparison with 116 euros/MWh in the identical interval of the earlier month.
61% 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 could be round 136.74 euros/MWh on common, which is round 84.23 euros/MWh greater than with the compensation for regulated price prospects, who will thus pay 61.6% 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 during which vitality costs are costlier.
Specifically, the ‘Iberian exception’ units a path for pure fuel for electrical energy technology from a value of 40 euros/MWh within the preliminary six months, and subsequently, a month-to-month improve of 5 euros/MWh till the top of the measure .