These are the cheapest hours this Thursday



electricity price
in the regulated market registers this Thursday a decrease compared to Wednesday. The average price will be 0.25162 euros per kilowatt hour (kWh), while on the previous day this average amounted to 0.27049 €/kWh. The cheapest hours will be at dawn and between 2 pm and 6 pm. On the other hand, the period to be avoided will be between 18:00 and 22:00.

peak and off-peak hours

  • The cheapest: from 4 a.m. to 5 a.m. 0.14359 €/kWh
  • The most expensive: from 8:00 p.m. to 9:00 p.m. €0.42983/kWh

The average price of electricity in the wholesale market will fall this Thursday by 8.24% with respect to the marked this Wednesday, standing at 163.41 euros per megawatt hour (MWh), the lowest level so far in February.

Specifically, the average price of the 'pool' this Thursday will be almost 15 euros less than 178.09 euros/MWh this Wednesday, according to provisional data published by the Iberian Energy Market Operator (OMIE) collected by Europa Press.

The price of electricity hour by hour

  • 00-01 0.17652 €/kWh
  • 01-02 €0.17576/kWh
  • 02-03 0.14907 €/kWh
  • 03-04 €0.1436/kWh
  • 04-05 €0.14359/kWh
  • 05-06 €0.15744/kWh
  • 06-07 €0.18652/kWh
  • 07-08 €0.21648/kWh
  • 08-09 €0.27264/kWh
  • 09-10 €0.26761/kWh
  • 10-11 €0.3092/kWh
  • 11-12 €0.29148/kWh
  • 12-13 €0.28091/kWh
  • 13-14 €0.2663/kWh
  • 14-15 €0.20279/kWh
  • 15-16 €0.19534/kWh
  • 16-17 €0.22597/kWh
  • 17-18 €0.23267/kWh
  • 18-19 €0.36397/kWh
  • 19-20 €0.39589/kWh
  • 20-21 €0.42983/kWh
  • 21-22 €0.39345/kWh
  • 22-23 €0.28757/kWh
  • 23-00 0.27428 €/kWh

The average price of the daily market last January was 201.72 euros/MWh, a 235.3 percent higher than the average price of the same month last year and 15.7 percent lower than December 2021.

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 country are covered, and serve as a reference for the other 17 million who have contracted their supply in the free market .

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

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