The price of electricity on the wholesale market returned above 72 euros in September

The average electricity price on the wholesale market, one of the benchmarks for regulated tariff consumers or PVPC, returned to around €72/megawatt-hour (MWh) in September, as in July. after exceeding 90 euros in August, the most expensive in almost a year.

According to history prepared by EFE, MWh says goodbye to September with an average price of 72.62 eurossimilar to July (€72.31), although a few cents higher, making it the third month – after August and January – with the most expensive electricity this year.

Average price for September, in which it continues to operate VAT reduced by 10% on invoicefor the third month in a row, 20% lower than in August.

On the other side, significantly exceeded the April level of 13.67 euros, which is still the lowest price ever seen on the wholesale market, which has been in operation since 1998.

However, compared to last year, the price of electricity has fallen by about 30%.

In September, the “pool” exceeded 100 EUR/MWh five times, with September 2 last year being the most expensive day that month at EUR 116.66; And four times it was below 30 euros, Last Thursday was the cheapest day at €24.18.

During these four weeks, hours with negative minimum prices were observed in the “pool” three times, most recently this Saturday; although zero euro was observed more often in the central part of the day, which happened five times.

This confirms the trend they have been warning about, especially since July. experts who highlight that solar watches are cheaper than a year ago.