It has plummeted 49%, to stand at 96.08 euros per megawatt hour (MWh). The price of electricity will be 71% cheaper than last Monday.
The price of electricity in the wholesale market (pool) has collapsed again this monday, specifically a 49%, until reaching 96.08 euros per megawatt hour (MWh), almost 95 euros less than yesterday, in which it will be its lowest price since last November 1.
After this decrease, the fourth in a row, the price of electricity will be 71% cheaper than last Monday, although it almost quadruples the value that the pool marked just a year ago (26.51 euros).
Thus, electricity will mark its lowest price on Monday since November 1, when it reached 91.2 euros / MWh.
By time slots, the Maximum price for today will be registered between 6:00 p.m. and 7:00 p.m. hours with 207.10 euros / MWh, while the minimum will be from 2.67 euros / MWh between 02:00 and 06:00 in the morning.
So far this month, the average price of electricity stands at 251.38 euros / MWh, 30% more than the average registered during the month of November (193.43 euros / MWh), and 26% for above that of October (200.06 euros / MWh), the most expensive month to date.
If current December values are maintained, 2021 will close with an average price above 110 euros / MWh, more than triple that of last year, the cheapest in the last 17 years thanks to the drop in demand and prices that caused the pandemic.
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