Electricity price today, February 18, by range and area: When is it cheapest?

He wholesale cost of electricity in Spainused as a benchmark for regulated tariff customers, or PVPC, says goodbye to the annual lows of 2022, the most turbulent year in its history, resulting in an energy policy agreed by European partners.

Average price of a megawatt hour today 18th of Febuary in Spain it is 47.04 euro/MWhAccording to OMIE. Currently, due to gas restrictions, the price of daily MWh is reduced.

Electricity prices: average, minimum and maximum prices for Sunday, February 18, 2024.

AVERAGE PRICE OF THE DAY: 0.0926 €/kWh

LOWEST PRICE OF THE DAY: 0.069 EUR/kWh from 15:00 to 16:00.

HIGHEST PRICE OF THE DAY: 0.1098 EUR/kWh from 0:00 to 1:00 hours

Price per kWh of electricity per hour:

00h

0.1098 EUR/kWh

01h

0.10517 euro/kWh

02h

0.10284 euro/kWh

03h

0.10364 euro/kWh

04h

0.10277 euro/kWh

05h

0.10354 euro/kWh

06h

0.09981 euro/kWh

07h

0.10169 euro/kWh

08h

0.09903 euro/kWh

09h

0.09049 EUR/kWh

10 a.m

0.08037 euro/kWh

11 am

0.07432 euro/kWh

12 hours

0.07344 euro/kWh

13:00

0.07191 euro/kWh

14:00

0.07193 EUR/kWh

3 pm

0.069 EUR/kWh

16:00

0.07357 euro/kWh

17:00

0.08355 €/kWh

18 hours

0.09296 euro/kWh

19:00

0.10647 euro/kWh

8 pm

0.10695€/kWh

21:00

0.10196€/kWh

22:00

0.09956€/kWh

23:00

0.0968€/kWh

What factors influence price increases?

price escalation which affects much of Europe is driven, among other things, by rising prices on international markets for gas, which is used in combined cycle power plants and which sets the market price most hours, and by rising carbon costs. dioxide (CO2) emissions rights.