These will be the cheapest hours this Friday


Updated:

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The
electricity price
in the wholesale market it will fall 4.48% this Friday compared to this Thursday and will once again be below the level of 200 euros per megawatt hour (MWh), specifically, up to 196.49 euros.

In this way, the average price of the 'pool' this Friday will be nine euros lower than the 205.7 euros/MWh of this Thursday, according to provisional data published by the Iberian Energy Market Operator (OMIE).

peak and off-peak hours

  • The cheapest: from 4 a.m. to 5 a.m. €0.2199/kWh
  • The most expensive: from 7:00 p.m. to 8:00 p.m. €0.40075/kWh

By time slots, the maximum electricity price for this Friday will be between 8:00 p.m. and 9:00 p.m., with 241.18 euros/MWh, while the minimum, 165 euros/MWh, will be recorded between 5:00 a.m. and 6:00 a.m.

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 price of electricity hour by hour

  • 00-01 0.2543 €/kWh
  • 01-02 0.23371 €/kWh
  • 02-03 0.23208 €/kWh
  • 03-04 €0.22296/kWh
  • 04-05 €0.2199/kWh
  • 05-06 €0.22595/kWh
  • 06-07 €0.25347/kWh
  • 07-08 €0.27719/kWh
  • 08-09 €0.31326/kWh
  • 09-10 €0.30651/kWh
  • 10-11 0.35516 €/kWh
  • 11-12 €0.33557/kWh
  • 12-13 €0.31673/kWh
  • 13-14 €0.31576/kWh
  • 14-15 €0.24577/kWh
  • 15-16 €0.24402/kWh
  • 16-17 €0.25093/kWh
  • 17-18 €0.28792/kWh
  • 18-19 €0.38475/kWh
  • 19-20 €0.40075/kWh
  • 20-21 €0.37536/kWh
  • 21-22 €0.3688/kWh
  • 22-23 €0.2828/kWh
  • 23-00 0.27421 €/kWh

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

Compared to just one year ago, the price in the 'pool' for this Friday will be 309% higherthat is, it will multiply by four the 48 euros/MWh of February 11, 2021.

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