The average price of electricity on the wholesale market this Sunday fell by 18.13% to 16.12 euros per megawatt-hour (MWh), compared to 19.69 euros yesterday. However, there are three days below 50 euros per MWh.
When is electricity cheaper?
With this Sunday’s drop, negative electricity prices are returning, given that among From 12:00 to 17:00 the cost of MWh will be -2 euros.
What is the most valuable time?
Highest price Registration will be from 23:00 to 12:00.from 41.62 euros.
New PVPC calculation method
Except, The “pool” does not represent the final price of electricity for a consumer subject to a regulated tariff.
as with the advent of 2024, a new PVPC calculation method has been adopted that includes a basket of medium- and long-term prices to avoid large fluctuations without losing short-term price targets that encourage savings and efficient consumption.
Thus, the share of the pool price link will be gradually reduced to include links to futures markets, so that they will be 25% in 2024, 40% in 2025 and 55% starting in 2026.