The price of electricity will rise by more than 300% tomorrow, up to 90 euros

The price of electricity will rise by more than 300% tomorrow, up to 90 euros


The average price of electricity in the wholesale market will rise 343% tomorrow, Friday, to stand at 90.78 euros per megawatt hour (MWh), with the cost of the ‘pool’ and compensation to gas companies, compared to 20 48 euros today.

According to the latest data from the Iberian Electricity Market Operator (OMIE) collected by Servimedia, tomorrow the cap will be applied again to gas. Without this measure, the cost would be 119.85 euros, so there is a reduction of 24.3%.

The price of the ‘pool’ stands at 91.20 euros, 325% more than the 21.46 euros today Thursday.

For its part, the amount of gas compensation reaches negative 0.42 euros per MWh, compared to -0.98 euros today. The compensation was 1.02 euros a week ago.

In short, the 20.78 euros per MWh represent a drop of 0.06% compared to the 90.83 euros of Friday of last week and an increase of 17.2% over the 77.47 euros a year ago. month, December 20.

In addition, in a year-on-year comparison, this Friday there was a 52.4% reduction in price, since on January 20 of last year the price was 190.64 euros per MWh.

(SERVIMEDIA) 19-JAN-2023 14:24 (GMT +1)JBM/mjg

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