Electricity price today, March 3, by range and area: When is it cheaper?

He wholesale cost of electricity in Spain

used as a benchmark for regulated tariff customers, or PVPC, bids farewell 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 March, 3rd in Spain it is 3.79 EUR/MWhAccording to OMIE. Currently, due to gas restrictions, the price of daily MWh is reduced.

Electricity prices: average, minimum and maximum prices for Sunday, March 3, 2024.

AVERAGE PRICE OF THE DAY: 0.0489 euro/kWh

LOWEST PRICE OF THE DAY: 0.03848 EUR/kWh from 18:00 to 19:00.

HIGHEST PRICE OF THE DAY: 0.07355 EUR/kWh from 21:00 to 22:00.

Price per kWh of electricity per hour:

00h

0.0484 euro/kWh

01h

0.04748 euro/kWh

02h

0.05012 euro/kWh

03h

0.05051 euro/kWh

04h

0.05182 euro/kWh

05h

0.05197 euro/kWh

06h

0.05068 euro/kWh

07h

0.04905 euro/kWh

08h

0.04638 euro/kWh

09h

0.04324 euro/kWh

10 a.m

0.04121 euro/kWh

11 am

0.04517 euro/kWh

12 hours

0.04503 euro/kWh

13:00

0.04471 euro/kWh

14:00

0.04479 euro/kWh

3 pm

0.04588 euro/kWh

16:00

0.04844 euro/kWh

17:00

0.04371 euro/kWh

18 hours

0.03848 euro/kWh

19:00

0.0451 euro/kWh

8 pm

0.07131€/kWh

21:00

0.07355€/kWh

22:00

0.05423€/kWh

23:00

0.04273€/kWh

What factors influence price increases?

constant rise in prices which is harming large parts of Europe is the result of various factors, such as the rising cost of gas on world markets used in combined cycle power plants and the dictatorship of prices during most market hours, as well as the increasing costs of carbon rights ( CO2).