The price of electricity tomorrow Tuesday reaches its highest peak in two months

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The price of light morning will rise this Tuesday more than 7% to reach 287 euros per megawatt hour (MWh), su highest price since last October 4two months ago, when it was paid at 289 euros/MWh, according to the results of the auction held in the wholesale electricity market.

Without the so-called “Iberian mechanism”, which limits the price of natural gas for electricity generation, the wholesale price for tomorrow would be 333 euros/MWh, that is, about 45 euros higher, according to data from the Operator of the Iberian Electricity Market (OMIE) and the Iberian Gas Market (Mibgas).

The final average price is the result of adding, to the 153.4 euros/MWh registered for this Tuesday in the wholesale market, the provisional adjustment that the beneficiaries of the gas cap have to pay to compensate the plants that use this material for generate electricity, which tomorrow it will be at 134 euros/MWh.

The electric bill by bands: more expensive and cheaper hours

By time slots, and excluding adjustment, electricity will reach its highest price tomorrow between 20:00 and 21:00, with 195 euros/MWh, and the lowest, between 7:00 and 8:00, when its price will be 131 euros/MWh. After this increase, the cost of electricity for this Tuesday is about 37% more expensive than a year ago, when it stood at 210 euros/MWh. However, the price in Spain will once again be below that registered in neighboring countries, even without the application of the cap on gas.

By countries

In France, the average price will be 418.4 euros/MWh; in Italy, 401 euros/MWh; in Germany, 386.4 euros/MWh, and in the United Kingdom, 316 pounds/MWh (about 367 euros/MWh).

Source: lainformacion.com

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