Energy
He average price of electricity for consumers of regulated tariffs linked to the wholesale market, this Monday, January 15, it will increase by 16.54% to 87.56 euros per megawatt hour (MWh), according to preliminary data from the Iberian Energy Market Operator (OMIE).
He Maximum price electricity, 113.9 euros/MWh, will be recorded from 20:00 to 21:00. Therefore, avoid turning on appliances at this time. In contrast, the minimum electricity price of €62.04/MWh will be reached between 4:00 and 5:00.
In particular, average price of electricity For customers of linked regulated tariffs this Sunday, January 14, it was 75.13 euros per megawatt hour (MWh).
Average value electricity price in November It amounted to 63.4 euros/MWh. In the same month last year, the average was more than 124 euros/MWh, half that. In addition, the price set by the electricity market in November is the lowest for the month since March 2021, when it was €45.44/MWh.
TO half price part of the “pool” will be added to the compensation to gas companies, which must be paid by consumers who are beneficiaries of this measure, regulated tariff consumers (PVPC) or those who, despite being on the free market, have indexed the tariff, but it again is 0 euro/MWh, a situation that has been repeated since February 27 last year, according to the agencies consulted in this way.
The so-called ‘Iberian exceptionwas extended until December 31 following an agreement reached by Spain and Portugal with the European Commission. Thus, it was extended for seven months, until the end of last year, and it is possible that it could be extended for a longer period if the mentioned framework is also increased.
Finally, the mechanism collapsed on December 31, after consideration European Commission that “it is impossible to put this into practice.”
“The extension of the Iberian Mechanism requires the approval procedure of the Directorate General for Competition of the European Commission, which made it clear that it understands that after December 31 of this year it is not possible to implement it in practice,” the vice-president then said at a press conference after the meeting of energy ministers.
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