Categories: Business

These are the hours during which it will be paid at a price of -0 euros.

04/18/2024 at 07:24

CEST

In 2022, energy bills have skyrocketed. historical records, exceeding 500 euros per MWh. In recent years, energy prices have increased significantly and have become one of the main problems for Spanish homes. Despite this, That the indicator stabilized in 2023.

He Operator of the Iberian Energy Market (OMIE) is responsible for providing data on electricity prices. The average price on April 18 will be 4.54 EUR/MWh.

When is it cheaper and when is it more expensive?

Time interval cheaper in which it is advisable to use devices that consume the most energy. from 15:00 to 16:00, when will the electricity be paid? at -0.01 EUR/MWh.

Time more expensive, and in which the use of electricity should be avoided will from 9 to 22 o’clock, when the invoice price rises to 30.77 EUR/MWh.

Electricity price per hour, April 18

00:00–01:00: 3.25 EUR/MWh.
01:00–02:00: 2.90 EUR/MWh.
02:00–03:00: 2.20 EUR/MWh.
03:00–04:00: 2.00 EUR/MWh.
04:00–05:00: 1.77 EUR/MWh.
05:00–06:00: 2.00 EUR/MWh.

06:00–07:00: 3.25 EUR/MWh.
07:00–08:00: 21.03 EUR/MWh.
08:00 – 09:00: 6.00 EUR/MWh.
09:00–10:00: 1.77 EUR/MWh.
10:00–11:00: 0.00 EUR/MWh.
11:00–12:00: 0.00 EUR/MWh.
12:00–13:00: 0.00 EUR/MWh.
13:00–14:00: 0.00 EUR/MWh.
14:00–15:00: 0.00 EUR/MWh.
15:00 – 16:00: -0.01 EUR/MWh
16:00–17:00: 0.00 EUR/MWh.
17:00–18:00: 0.00 EUR/MWh.
18:00–19:00: 0.00 EUR/MWh.
19:00–20:00: 2.00 EUR/MWh.
20:00–21:00: 12.17 EUR/MWh.
21:00–22:00: 30.77 EUR/MWh.
22:00–23:00: 14.21 EUR/MWh.
23:00–24:00: 3.60 EUR/MWh.

Why does the price of electricity change throughout the day?

The main reasons for fluctuations are cost of fossil fuels such as gas and oil or periods of high demand, for example, during morning and afternoon rush hours. During peak hours, electricity suppliers have to buy energy on the market at higher prices, while those with less demand can use more efficient energy sources.

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