Electricity price today, March 5, 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.

He average price of megawatt-hour today March 5 in Spain it is 33.45 EUR/MWh (according to OMIE). Currently, due to gas restrictions, the price of daily MWh is reduced.

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Electricity prices: average, minimum and maximum prices for Tuesday, March 5, 2024.

AVERAGE PRICE OF THE DAY: 0.1069 EUR/kWh

LOWEST PRICE OF THE DAY: 0.04278 €/kWh from 1:00 to 2:00 hours

HIGHEST PRICE OF THE DAY: 0.25706 EUR/kWh from 20:00 to 21:00.

Price per kWh of electricity per hour:

00h

0.04299 EUR/kWh

01h

0.04278 euro/kWh

02h

0.04561 euro/kWh

03h

0.04556 €/kWh

04h

0.04681 euro/kWh

05h

0.0487 euro/kWh

06h

0.06481 euro/kWh

07h

0.09118 euro/kWh

08h

0.13051 euro/kWh

09h

0.07843 euro/kWh

10 a.m

0.11873 euro/kWh

11 am

0.11429 euro/kWh

12 hours

0.11395 euro/kWh

13:00

0.11355 euro/kWh

14:00

0.06389 euro/kWh

3 pm

0.06507 euro/kWh

16:00

0.06761 euro/kWh

17:00

0.07919 EUR/kWh

18 hours

0.16428 euro/kWh

19:00

0.25188 euro/kWh

8 pm

0.25706€/kWh

21:00

0.22072€/kWh

22:00

0.1561€/kWh

23:00

0.14166€/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.