These are the most expensive hours this Saturday



This Saturday the
electricity price
gives a little respite to consumers. The average cost will be 0.24604 euros per kilowatt hour (kWh), three cents less than this Friday. What's more, Off-peak hours will remain until 5:00 p.m., so preparing food or turning on the appliances that consume the most will not be as expensive as daily in this time slot.

peak and off-peak hours

  • The cheapest: from 8 a.m. to 9 a.m. at €0.21894/kWh
  • The most expensive: from 7:00 p.m. to 8:00 p.m. at €0.31241/kWh

The average price of electricity in the wholesale market will cut this Saturday the downward trend of the last four days and will rise 6.32% compared to this Friday, once again exceeding the level of 190 euros per megawatt hour (MWh).

Specifically, the wholesale market will register an average price of €190.41/MWh this Saturday, some 11 euros more than the €179.09/MWh this Friday, according to provisional data published by the Iberian Energy Market Operator (OMIE). ) collected by Europa Press.

By time slots, the maximum price of electricity for this January 22 will be between 8:00 p.m. and 9:00 p.m., with €245.27/MWh, while the minimum, €166.9/MWh, will be recorded between 04:00 a.m. and 05.00 hours.

Compared to a year ago, the wholesale market price for this Saturday will be 353% more expensive than the one registered on January 22, 2021, of only €41.97/MWh.

The price of electricity hour by hour

  • 00-01 €0.25079/kWh
  • 01-02 €0.23275/kWh
  • 02-03 €0.22544/kWh
  • 03-04 €0.22491/kWh
  • 04-05 €0.22577/kWh
  • 05-06 €0.22649/kWh
  • 06-07 €0.22648/kWh
  • 07-08 €0.22371/kWh
  • 08-09 €0.21894/kWh
  • 09-10 €0.2329/kWh
  • 10-11 €0.23772/kWh
  • 11-12 €0.2318/kWh
  • 12-13 €0.23261/kWh
  • 13-14 €0.24096/kWh
  • 14-15 €0.24002/kWh
  • 15-16 €0.24307/kWh
  • 16-17 €0.24801/kWh
  • 17-18 €0.26264/kWh
  • 18-19 €0.29105/kWh
  • 19-20 €0.31241/kWh
  • 20-21 €0.29017/kWh
  • 21-22 €0.27151/kWh
  • 22-23 €0.26042/kWh
  • 23-00 €0.25437/kWh

The reasons for the rise

The prices of the wholesale market 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 rise in the electricity market in recent months is mainly explained by the high prices of gas in the markets and of carbon dioxide (CO2) emission rights, at all-time highs this year.

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