These are the cheapest hours this Saturday


Updated:

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The
electricity price
in the regulated market this Tuesday registers a decrease compared to Monday. The average price will be 0.18498 euros per kilowatt hour (kWh), while on the previous day this average amounted to 0.27673 €/kWh. The cheapest hours they will be concentrated in the early morning and between 12 and 17 hours.

peak and off-peak hours

  • The cheapest: from 3 a.m. to 4 a.m. 0.12365 €/kWh
  • The most expensive: from 9:00 p.m. to 10:00 p.m. 0.25875 €/kWh

The average price of electricity in the wholesale market will fall by 25.2% this Saturday compared to this Friday, reaching below 140 euros per megawatt hour (MWh), its lowest level so far in February.

Specifically, the average price of the 'pool' this Saturday will be 137.76 euros/MWh, about 46.5 euros less than the 184.26 euros/MWh of this Friday, and will mark the lowest level since last January 9according to data published by the Iberian Energy Market Operator (OMIE) collected by EP.

The price of electricity hour by hour

  • 00-01 0.17703 €/kWh
  • 01-02 0.16043 €/kWh
  • 02-03 €0.14689/kWh
  • 03-04 €0.12365/kWh
  • 04-05 €0.1307/kWh
  • 05-06 €0.14722/kWh
  • 06-07 €0.16347/kWh
  • 07-08 €0.18785/kWh
  • 08-09 0.18794 €/kWh
  • 09-10 €0.21769/kWh
  • 10-11 €0.18146/kWh
  • 11-12 €0.17188/kWh
  • 12-13 €0.16051/kWh
  • 13-14 €0.16003/kWh
  • 14-15 €0.16079/kWh
  • 15-16 €0.14921/kWh
  • 16-17 €0.15163/kWh
  • 17-18 €0.17457/kWh
  • 18-19 €0.22032/kWh
  • 19-20 €0.2512/kWh
  • 20-21 €0.25812/kWh
  • 21-22 €0.25875/kWh
  • 22-23 €0.25307/kWh
  • 23-00 0.24513 €/kWh

By time slots, the maximum electricity price for this Saturday will be between 10:00 p.m. and 11:00 p.m., with 204.79 euros/MWh, while the minimum, of 77.2 euros/MWh, will be registered between 04:00 hours and 05.00 hours.

The prices of the 'pool' have a direct impact on the regulated rate -the so-called PVPC-, to which almost 11 million consumers in the countryand serve as a reference for the other 17 million who have contracted their supply on the free market.

The rise in electricity prices since the middle of last year is explained, mainly, by the high prices of gas in the markets and carbon dioxide (CO2) emission rights, at all-time highs.

Compared to just a year ago, the price in the 'pool' for this Saturday will be 518.6% higherthat is, a little more than six times more expensive than the 22.27 euros/MWh of February 19, 2021.

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