when is it cheapest and most expensive per day
ANDThe average price of electricity will continue its downward trend tomorrow, April 23. The cost of electricity on Tuesday will be 5.84 euros/MWh. The data was published by the Iberian Energy Market Operator (OMIE).
But to know when is the best time to take advantage or not waste too much electricity, You will have to analyze the time intervals. We’ll look at them below.
When is electricity more expensive?
The maximum price peak will be recorded in the area from 21:00 to 22:00 at a price of 35 euros/MWh., so it is recommended to avoid using devices with high power consumption during this period. Likewise, other sections to avoid are: 10:00 pm to 11:00 pm (€24.89) and 7:00 am to 8:00 am (€20).
When electricity is cheaper
We find the cheapest electricity segment from 14:00 to 17:00 with a negative marginal price of -0.01 EUR/MWh. In addition, there are some more profitable slots in the afternoon, free from 10:00 to 14:00.
Electricity price per hour, April 23
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From 00:00 to 01:00: 6.15 EUR/MWh.
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From 01:00 to 02:00: 3.6 EUR/MWh.
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From 02:00 to 03:00: 3.25 EUR/MWh.
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From 03:00 to 04:00: 3.35 EUR/MWh.
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From 04:00 to 05:00: 3.6 EUR/MWh.
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From 05:00 to 06:00: 5 EUR/MWh.
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From 06:00 to 07:00: 6.58 EUR/MWh.
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From 07:00 to 08:00: 20 EUR/MWh.
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From 08:00 to 09:00: 6.9 EUR/MWh.
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From 09:00 to 10:00: 0.5 EUR/MWh.
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From 10:00 to 11:00: 0 EUR/MWh.
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From 11:00 to 12:00: 0 EUR/MWh.
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From 12:00 to 13:00: 0 EUR/MWh.
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From 13:00 to 14:00: 0 EUR/MWh.
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From 14:00 to 15:00: -0.01 EUR/MWh.
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From 15:00 to 16:00: -0.01 EUR/MWh.
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From 16:00 to 17:00: -0.01 EUR/MWh.
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From 17:00 to 18:00: 0 EUR/MWh.
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From 18:00 to 19:00: 0 EUR/MWh.
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From 19:00 to 20:00: 1 euro/MWh.
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From 20:00 to 21:00: 12.17 EUR/MWh.
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From 21:00 to 22:00: 35 EUR/MWh.
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From 22:00 to 23:00: 24.89 EUR/MWh.
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From 23:00 to 00:00: 8.21 EUR/MWh.