These are the cheapest hours of electricity for Friday, May 27

These are the cheapest hours of electricity for Friday, May 27

Updated: 05/26/2022 21:42h
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The
electricity price
in the wholesale market will drop this Friday by 2.74% compared to today, so it decreases for the second day in a row and remains below the level of 200 euros megawatt hour (MWh) for the seventh consecutive day, according to the data published by the Iberian Energy Market Operator (OMIE) and collected by EP.

Peak and off-peak hours The cheapest: from 2 am to 3 pm 0.20211 €/kWh The most expensive: from 9 pm to 10 pm 0.34162 €/kWh

The maximum price of electricity for this Friday will be registered between 9:00 p.m. and 10:00 p.m., with 214.57 euros/MWh, while the minimum for the day, of 146.04 euros/MWh, will be registered between 03:00 and 05.00 hours.

Compared to a year ago, the average price of electricity for this Friday will be 95.45% more expensive than the 86.23 euros/MWh of May 27, 2021.

The price of electricity hour by hour00h - 01h: 0.22617 €/kWh01h - 02h: 0.20382 €/kWh02h - 03h: 0.20211 €/kWh03h - 04h: 0.20444 €/kWh04h - 05h: 0.20459 €/kWh05h - 06h: 0.20564 €/kWh06h: 0.20564h - 07h: 0.23054 €/kWh07h - 08h: 0.24019 €/kWh08h - 09h: 0.2784 €/kWh09h - 10h: 0.25903 €/kWh10h - 11h: 0.28535 €/kWh11h - 12h: 0.28726 €/kWh3h12h6 0.28726 €/kWh12h6 1 -2 14h: 0.27987 €/kWh14h - 15h: 0.23118 €/kWh15h - 16h: 0.22343 €/kWh16h - 17h: 0.22149 €/kWh17h - 18h: 0.22018 €/kWh18h - 19h: 0.26598 €/kWh19h - 20h: 0.289 : €0.32956/kWh21h - 22h: €0.34162/kWh22h - 23h: €0.28494/kWh23h - 24h: €0.26922/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.

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