The average price of electricity in the wholesale market will once more exceed this Monday, February 21, 180 euros/MWh, following rising 12.72%, according to provisional data published by the Iberian Energy Market Operator (OMIE) collected by Europa Press. Specifically, the average price of the ‘pool’ on February 21 will be 183.32 euros/MWh, almost 21 euros more than this Sunday, of 162.64 euros/MWh.
By time slots, the price maximum of light for this Monday will be given between 8:00 p.m. and 9:00 p.m.with 237 euros/MWh, while the minimumof 125.52 euros/MWh, will be recorded between 3:00 p.m. and 4:00 p.m.
The prices of electricity in the wholesale market have a direct impact on the regulated tariff or PVPC, to which almost 11 million consumers in Spain are covered, and serves as a reference for the other 17 million who contract their supply in the free market.
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The rise in prices that affects much of Europe is due, among other factors, to the rising gas prices in international marketswhich is used in combined cycle power plants -the most expensive and which tend to mark the price in most hours- and the increase in the price of carbon dioxide (CO2) emission rights.
The average price of electricity will be below 50 euros/MWh in Germany, where it will cost only 39.62 euros/MWh on average; while in France, the average price will be 115.95 euros/MWh and in the United Kingdom, it will be 162.88 euros/MWh (135.89 pounds/MWh). In Portugal, which shares the same electricity operator as Spain, the average value will also be 137.76 euros/MWh.