these are the most expensive and cheapest hours

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The average price of electricity tomorrow for customers who have their rate in the regulated market will fall 30.56% this Sunday compared to the data recorded on Saturday, to 72.84 euros per megawatt hour (MWh), according to provisional data of the Iberian Energy Market Operator (OMIE), its lowest since August 2021in the fourth consecutive day in which the so-called “Iberian mechanism” does not apply, according to the results of the auction held this Saturday.

The gas cap will not be applied this Sunday for the fourth time since it came into force on June 15 due to the fact that the price of natural gas has fallen below 40 euros per MWh in the Iberian Gas Market (Mibgas), maximum price established by the Government, up to 36.43 euros per MWh. The price for this Sunday is the lowest since August 7, 2021 (65.64 euros per MWh) and, with it, this week it accumulates the three lowest prices of the year, after 80.6 euros per MWh on Wednesday and 85.4 euros per MWh on Thursday.

The final price coincides with that of the wholesale market (72.84 euros per MWh), since this Sunday there is no need to make any adjustments to compensate the plants that use natural gas to generate electricity. The price of electricity in the wholesale market tomorrow It is very far from the more than 210 euros per MWh that was paid a year agoa decrease influenced by both the increased renewable energy production and the lower price of natural gas in the markets.

The most expensive and cheapest hours of electricity

The cheapest time slot will be between 3:00 p.m. and 5:00 p.m., when electricity will cost wholesale market 4.11 euros per MWh, and the most expensive, between 9:00 p.m. and 10:00 p.m., when it will rise to 138.22 euros per MWh.

  • From 00:00 to 01:00 hours: 80.1 euros/MWh.
  • From 01:00 a.m. to 02:00 a.m.: 74.1 euros/MWh.​
  • ​From 02:00 a.m. to 03:00 a.m.: 65.3 euros/MWh.
  • ​From 03:00 a.m. to 04:00 a.m.: 65.3 euros/MWh.
  • From 4:00 a.m. to 5:00 a.m.: 64.29 euros/MWh.
  • From 5:00 a.m. to 6:00 a.m.: 65.3 euros/MWh.
  • From 6:00 a.m. to 7:00 a.m.: 64.29 euros/MWh.
  • ​From 07:00 a.m. to 08:00 a.m.: 70.2 euros/MWh.
  • ​From 08:00 a.m. to 09:00 a.m.: 72.52 euros/MWh.
  • ​From 09:00 a.m. to 10:00 a.m.: 75.2 euros/MWh.
  • ​From 10:00 a.m. to 11:00 a.m.: 71.01 euros/MWh.
  • ​From 11:00 a.m. to 12:00 p.m.: 64.29 euros/MWh.
  • From 12:00 a.m. to 1:00 p.m.: 59.3 euros/MWh.
  • ​From 1:00 p.m. to 2:00 p.m.: 52.9 euros/MWh.
  • From 2:00 p.m. to 3:00 p.m.: 15 euros/MWh.
  • From 3:00 p.m. to 4:00 p.m.: 4.11 euros/MWh.
  • From 4:00 p.m. to 5:00 p.m.: 4.11 euros/MWh.
  • ​From 5:00 p.m. to 6:00 p.m.: 59.3 euros/MWh.
  • ​From 6:00 p.m. to 7:00 p.m.: 88 euros/MWh.
  • From 7:00 p.m. to 8:00 p.m.: 121.99 euros/MWh.
  • From 8:00 p.m. to 9:00 p.m.: 130.37 euros/MWh.
  • ​From 9:00 p.m. to 10:00 p.m.: 138.22 euros/MWh.
  • From 10:00 p.m. to 11:00 p.m.: 131 euros/MWh.
  • From 11:00 p.m. to 12:00 a.m.: 111.86 euros/MWh.

In Italy, electricity will be paid tomorrow at 103.85 euros per MWh; in Germany, at 95.75 euros; in France, at 87.37 euros, and in the United Kingdom, at 89.89 pounds (about 103 euros). In Portugal, where the cap is also applied to gas destined for electricity generation by virtue of what is known as the “Iberian exception”, the price will be the same as in Spain, country with which it shares a market.

Source: lainformacion.com

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