The common value of electrical energy for regulated fee clients linked to the wholesale market will drop this Saturday to 53.19 euros per megawatt hour (MWh), which represents a lower of 40.57% in comparison with 89.5 euros/ MWh this Friday.
In the public sale, the common value of sunshine within the wholesale market –the so-called ‘pool’– will stand this Saturday at 53 euros/MWh. The minimal value, of 35 euros, will probably be given between 3:00 p.m. and 4:00 p.m., whereas the utmost value will probably be recorded between 12:00 a.m. and 01:00 a.m., when it will likely be 80 euros.
Compensation for gasoline firms 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 fee, which for this Saturday stands at 0.19 euros/MWh.
37.7% lower than with out making use of the Iberian exception
In the absence of the ‘Iberian exception’ mechanism to cap the worth of gasoline for electrical energy technology, the worth of electrical energy in Spain could be round 85.38 euros/MWh on common, which suggests 32.19 euros/MWh greater than with the compensation for regulated fee clients, who will thus pay 37.7% much less on common.
The ‘Iberian mechanism’, which got here into drive on June 15, limits the worth of gasoline for electrical energy technology to a median of 48.8 euros per MWh for a interval of twelve months, thus protecting subsequent winter, a interval wherein vitality costs are dearer.
Specifically, the ‘Iberian exception’ units a path for pure gasoline 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 tip of the measure .
The Spanish Executive has already requested Brussels to increase the ‘Iberian exception’ at the least till the tip of 2024 with a cap just like the present one, of between 45 and 50 euros per megawatt hour (MWh).