Electricity prices rise in Spain and Portugal on Wednesday, June 22
Electricity prices in Spain and Portugal rose by 4.4 percent on Wednesday, June 22.
The average price of electricity for regulated consumers connected to the wholesale market in Spain and Portugal will rise 4.4 percent this Wednesday, June 22. Compared to this Tuesday, June 21. Specifically, the cost is 282.12/MWh.
This price for PVPC results from the use of centralized circulation customers by the Iberian Exception to limit the market price of the wholesale market to the price of gas in the wholesale market. Electricity generation.
According to data from Operator of the Iberian Energy Market (OMIE)At auction, the average price of electricity on the wholesale market – the so-called ‘pool’ – will be €152.75/MWh tomorrow. This is 4.72/MWh higher than the current €148.03/MWh, which is 3.18 percent.
The maximum electricity price will be registered for June 22 from 22:00 to 23:00 at 195.66 Euros/MW, while the minimum will be 132.66 Euros/MW until 18:00. 19:00.
Compared to the current pool prices of 122.14/MWh, this includes a compensation of €129.37/MWh for gas companies. This index compensation must be defined by the consumer who benefits from the market definition, whether he is the consumer of the regulated index (PV) or the index, even unrestricted.
If it were not for the ‘Iberian exception’, the average electricity price in Spain and Portugal would have been €296/MWh. This value is €14/MWh higher than the compensation of regulated customers, thus paying, on average, 4.7 percent less.
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