these are the most expensive and cheapest hours

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The average price of electricity for regulated rate customers linked to the wholesale market will increase tomorrow to 109.78 euroswhich represents an increase of 50.71% compared to this Sunday, although it will be the sixth lowest price in October, according to provisional data from the Iberian Energy Market Operator (OMIE) collected by Europa Press.

This will be the fifth consecutive day in which the so-called Iberian exception, in force since mid-June, is left without application, since the reference price for gas plants stands at 36.43 euros/MWh, below the cap of 40 euros/MWh.

The most expensive and cheapest hours of electricity

In the auction, the average price of electricity in the wholesale market – the so-called ‘pool’ – stands for this Sunday at 109.78 euros/MWh. In addition, the maximum price will be registered between 8:00 p.m. and 9:00 p.m., with 180.01 euros/MWh, while the minimum for the day, of 77.60 euros/MWh, will occur between 4:00 and 5:00 a.m.

  • From 00:00 to 01:00: 89.3 euros/MWh.
  • From 01:00 a.m. to 02:00 a.m.: 80 euros/MWh.​
  • ​From 02:00 a.m. to 03:00 a.m.: 80 euros/MWh.
  • From 03:00 a.m. to 04:00 a.m.: 88.71 euros/MWh.
  • From 4:00 a.m. to 5:00 a.m.: 77.6 euros/MWh.
  • ​From 5:00 a.m. to 6:00 a.m.: 79 euros/MWh.
  • From 06:00 a.m. to 07:00 a.m.: 109.98 euros/MWh.
  • ​From 07:00 a.m. to 08:00 a.m.: 120.89 euros/MWh.
  • ​From 08:00 a.m. to 09:00 a.m.: 129.92 euros/MWh.
  • ​From 09:00 a.m. to 10:00 a.m.: 130.37 euros/MWh.
  • ​From 10:00 a.m. to 11:00 a.m.: 117.3 euros/MWh.
  • ​From 11:00 a.m. to 12:00 p.m.: 112.39 euros/MWh.
  • ​From 12:00 a.m. to 1:00 p.m.: 95.23 euros/MWh.
  • From 1:00 p.m. to 2:00 p.m.: 89.3 euros/MWh.
  • ​From 2:00 p.m. to 3:00 p.m.: 88.71 euros/MWh.
  • ​From 3:00 p.m. to 4:00 p.m.: 89.3 euros/MWh.
  • From 4:00 p.m. to 5:00 p.m.: 96.5 euros/MWh.
  • From 5:00 p.m. to 6:00 p.m.: 116.89 euros/MWh.
  • From 6:00 p.m. to 7:00 p.m.: 136.46 euros/MWh.
  • ​From 7:00 p.m. to 8:00 p.m.: 150.16 euros/MWh.
  • From 8:00 p.m. to 9:00 p.m.: 180.01 euros/MWh.
  • ​From 9:00 p.m. to 10:00 p.m.: 155 euros/MWh.
  • ​From 10:00 p.m. to 11:00 p.m.: 124.31 euros/MWh.
  • From 11:00 p.m. to 12:00 a.m.: 97.5 euros/MWh.

The ‘Iberian mechanism‘, which entered into force on June 15, limits the price of gas for electricity generation to an average of 48.8 euros per MWh for a period of twelve months, thus covering the next winter, a period in which energy prices are more expensive.

Specifically, the ‘Iberian exception‘ sets a path for natural gas for electricity generation from a price of 40 euros/MWh in the initial six months -until December 15-, and subsequently, a monthly increase of five euros/MWh until the end of the measure .

Source: lainformacion.com

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