when is it cheapest and most expensive per day
dAfter several days of falling electricity prices, which averaged €5.84/MWh on Tuesday, April 23, the situation is noticeably worsening. According to data provided Operator of the Iberian Energy Market (OMIE)rise increases to 18.57 euros per megawatt hour.
But to know when is the best time to use or avoid wasting too much electricity, you need analyze 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 101.48 euros/MWh.. For the first time in weeks, we see these three figures again within an hour. With this increase at night, it is recommended to avoid using devices with high power consumption during the last hours of that day.
When electricity is cheaper
On the other side of the coin From 12:00 to 17:00 the price of electricity will be zero euros.. The situation is favorable for consumers in the afternoon during these favorable time slots.
Electricity price by hour, Wednesday, April 24
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From 00:00 to 01:00: 23.21 EUR/MWh.
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From 01:00 to 02:00: 16.05 EUR/MWh.
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From 02:00 to 03:00: 12.08 EUR/MWh.
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From 03:00 to 04:00: 11.28 EUR/MWh.
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From 04:00 to 05:00: 10.7 EUR/MWh.
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From 05:00 to 06:00: 11.93 EUR/MWh.
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From 06:00 to 07:00: 17.33 EUR/MWh.
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From 07:00 to 08:00: 33.69 EUR/MWh.
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From 08:00 to 09:00: 24.89 EUR/MWh.
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From 09:00 to 10:00: 5 EUR/MWh.
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From 10:00 to 11:00: 1 EUR/MWh.
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From 11:00 to 12:00: 0.04 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 EUR/MWh.
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From 15:00 to 16:00: 0 EUR/MWh.
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From 16:00 to 17:00: 0 EUR/MWh.
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From 17:00 to 18:00: 0.04 EUR/MWh.
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From 18:00 to 19:00: 3.25 EUR/MWh.
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From 19:00 to 20:00: 24.89 EUR/MWh.
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From 20:00 to 21:00: 35.02 EUR/MWh.
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From 21:00 to 22:00: 101.48 EUR/MWh.
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From 22:00 to 23:00: 78.85 EUR/MWh.
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From 23:00 to 00:00: 35.01 EUR/MWh.