The worth of electrical energy will skyrocket this Wednesday to 100.94 euros | Economy | EUROtoday

The common worth of electrical energy within the wholesale market will skyrocket by 36.7% this Wednesday, December 25, Christmas Day, to 100.94 euros per megawatt hour (MWh), in keeping with information from the Iberian Energy Market Operator (OMIE). The highest peak will happen between 9:00 p.m. and 10:00 p.m., reaching 141.08 euros per MWh; On the opposite, the bottom degree – though effectively above the common for the yr, which from January to November is beneath 60 euros – occurred between 4:00 and 5:00 within the morning (75.99 euros/ MWh).

Compared to the identical day final yr, electrical energy on December 25 might be 60% costlier on common, standing above 100 euros per MWh from 5:00 p.m. to midnight. The worth of electrical energy marked this Wednesday is the very best since December 20, when the wholesale market registered a mean every day worth of 114.67 euros.

The worth improve in poolbecause the wholesale market is named, is not going to have an effect on all prospects. These hourly oscillations solely have an effect on customers who’re coated by the regulated market (PVPC fee or Voluntary Price for Small Consumers). Those who’re within the free market can pay for his or her consumption based mostly on the worth per MWh set by the corporate with which they’ve contracted the availability.

To all these costs, we should additionally add the present mounted prices for the electrical energy client on account of tolls, prices and system changes. Furthermore, the degrees set within the wholesale market don’t precisely signify the ultimate quantity included within the regulated fee, since as of 2024 a brand new technique of calculating the PVPC was adopted, which includes a basket of costs within the medium and long run to keep away from sturdy fluctuations, with out shedding the short-term worth references that encourage financial savings and environment friendly consumption.

In this fashion, the proportion of linkage with the worth of the pool It might be progressively lowered, to include the references of the futures markets, in order that these signify 25% in 2024, 40% in 2025 and 55% from 2026.

So far this month, electrical energy has been above 100 euros on common within the wholesale market, with December being the most costly month of 2024 — the most cost effective this yr and within the historical past of the Spanish electrical energy system was final April, with a mean of 13.67 euros. The most costly day of this month was final December 12, with a every day common of 146.47 euros; the most cost effective, on December 8, with 22.19 euros per MWh, in keeping with OMIE information. The common worth in December of final yr was round 72 euros.