The average price of electricity on the wholesale market, called poolcontinues to fall this Monday and will be 27.19 euros megawatt hour (MWh), with six hours a day at zero euros or around zero, according to data from the Iberian Energy Market Operator (OMY).
The lowest price in almost three months
Concretely, the price of electricity recorded this Monday is the lowest average figure since June 23, when it was 26.76 euros/MWh.
Thus, between 11:00 and 17:00, the price of electricity for users of the regulated tariff will be zero euro MWh is almost zero (0.1 or 0.2 euros/MWh), while the night time slot from 8:00 p.m. to 9:00 p.m. will be the most expensive, 88.40 euros/MWh.
Also in the morning, between 7:00 and 9:00, electricity will be almost double the average of this Monday, because it will be paid at 60 euros/MWh.
The price of electricity in the wholesale market will fall again this Sunday by more than 28% to 32.52 euros per megawatt hour (MWh) on average with a seven-hour interval during which the price will be negative, according to data from the Iberian Energy Market Operator (Omie).
The light goes out again this Sunday
Between noon and 7 p.m. this Sunday, the price of a megawatt hour will be between –0.01 euros and -0.36 euros-even if from eleven in the morning it will be zero euros.
Thus, the 32.52 euros per MWh on average that will be paid this Sunday for electricity in Spain represents a 52% drop compared to 67.76 euros on Sunday last week and a decrease of 63.48% compared to 89.05 euros a month ago, on August 15.
In addition, from one year to the next, this Sunday we will record a decrease of more than 69% compared to the price of 106.46 euros per MWh recorded on September 15, 2023.
