electricity price in the regulated rate will rise 3.6% on Friday compared to this Thursday and will rise to 197.63 euros per megawatt hour (MWh). The minimum electricity price for this May 6 will be given between 6:00 p.m. and 7:00 p.m., with 150.05 euros/MWh, while the maximum for the day will be 231.47 euros/MWh and will be registered between the 10:00 p.m. and 11:00 p.m.
Peak and off-peak hours The cheapest: from 2 pm to 3 pm 0.22875 €/kWh The most expensive: from 9 pm to 10 pm 0.34489 €/kWh
Specifically, those 197.63 euros/MWh of the average price of the 'pool' for this Friday represent 6.85 euros more than the 190.77 euros/MWh on average this Thursday, according to data published by the Iberian Market Operator of Energy (OMIE) and collected by EP.
Compared to a year ago, the average price of electricity for this Friday will be 170% more expensive than the 73.11 euros/MWh of May 6, 2021.
The price of electricity hour by hour00h - 01h: 0.26719 €/kWh01h - 02h: 0.26659 €/kWh02h - 03h: 0.26278 €/kWh03h - 04h: 0.26148 €/kWh04h - 05h: 0.26431 €/kWh05h - 06h: 0.27065 €/kWh065 - 07h: 0.26963 €/kWh07h - 08h: 0.27277 €/kWh08h - 09h: 0.29769 €/kWh09h - 10h: 0.27569 €/kWh10h - 11h: 0.32014 €/kWh11h - 12h: 0.31184 €/kWh12h1 - 0.31184 €/kWh12h1 - 0.31184 €/kWh12h1 - 0.31184 €/kWh12h1 14h: 0.2963 €/kWh14h - 15h: 0.23394 €/kWh15h - 16h: 0.23362 €/kWh16h - 17h: 0.22387 €/kWh17h - 18h: 0.2228 €/kWh18h - 19h: 0.27512 €/kWh19h - 20h: 0.321 : €0.33176/kWh21h - 22h: €0.35223/kWh22h - 23h: €0.3004/kWh23h - 24h: €0.28573/kWh
The prices of the 'pool' have a direct impact on the regulated rate --the so-called PVPC--, to which almost 11 million households in the country are covered, and serve as a reference for the other 17 million who have contracted their supply in the free market.
In fact, the National Commission of Markets and Competition (CNMC) has verified that in 2021, in the framework of the upward spiral of energy, around 1.25 million people switched from the PVPC to a rate in the free market at a fixed price.