He wholesale market price for electricitythe so-called “pool” will continue this Monday below 4 euro/MWh, in particular, an average of 3.82 euros per megawatt-hour (MWh) during the day. It thus remains at its lowest level this year for the second day in a row after recording this Sunday 3.06 euros per megawatt hour (MWh).
The maximum price will be 11.75 EUR/MWh from 20:00 to 21:00. one hour, from 15:00 to 16:00, at a price of 0 euro/MWh, According to preliminary data from the Iberian Energy Market Operator (OMIE), collected by Europa Press.
Low values will also be recorded in the early morning hours, from 2:00 to 5:00, and in the afternoon, from 12:00 to 17:00. TO 0.1 euro/MWh between the early morning hours and values between 0.43 and zero EUR/MWh between the early afternoon hours.
However, this price is then not transferred to the receipt specifically for these euro zeros, since there are fixed costs for the electricity consumer, to pay tolls, charges and system adjustments.
The lowest price in 2024 was recorded this Sunday.with an average daily price of 3.06 euros per megawatt-hour (MWh), after a reduction of 56% compared to the price this Saturday.
Such a significant decline in the wholesale electricity market is mainly due to presence of an Atlantic front which causes strong gusts of wind and which, in turn, leads to the presence of renewable energy sources, especially wind, in the generation “mix”, as well as to a drop in demand during the weekend compared to weekdays.
The “Pool” does not fully represent the final price of electricity for a regulated consumer, as with the introduction in 2024 a new method for calculating PVPC was adopted, which includes medium- and long-term price basket
avoid strong fluctuations without losing short-term price targets that promote savings and efficient consumption.In particular, the share of linking to the “pool” price will be gradually reduced to include links to futures marketsso they are 25% in 2024, 40% in 2025 and 55% in 2026.
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