The price of electricity reaches its historical maximum today, with 442.54 euros/MWh

The price of electricity reaches its historical maximum today, with 442.54 euros/MWh

By time slots, the maximum electricity price for this Monday will be between 7:00 p.m. and 8:00 p.m., with 500 euros/MWh, while the minimum, 379.02 euros/MWh, will be recorded between 11:00 p.m. and 12:00 a.m.

The price middle of the electricity in the wholesale market will rise this Monday 16.76% and it will mark its most expensive record in history, an average of 442 euros/MWh, in the heat of the rise in the price of natural gas due to the impact of the war in Ukraine.

Specifically, the average price will be 442.54 euros/MWh, which will exceed the previous historical maximum of 383.67 euros/MWh that was reached on December 23.

In addition, the price of this Monday is about 63 euros more expensive than the one marked on Sunday, of 379.03 euros/MWh, according to data published by the Iberian Energy Market Operator (OMIE).

By time slotsthe maximum price of electricity for this Monday will be between 7:00 p.m. and 8:00 p.m.with 500 euros/MWh, while the minimum, of 379.02 euros/MWh, will be registered between 23:00 and 00:00.

These high levels in the price of electricity occur in the wake of the rise in the price of natural gas as a result of Russia’s invasion of Ukraine.


Source: Eitb

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