These will be the hours with the cheapest energy this Saturday



This Saturday the
electricity price
suffers a slight drop as usual on weekends. The average price of the day will be 0.28114 euros, cheaper than this Friday. The rate will wait to rise after 5:00 p.m., thus giving consumers a break in the morning.

peak and off-peak hours

  • The cheapest: from 1:00 p.m. to 2:00 p.m. at €0.25189/kWh
  • The most expensive: from 6:00 p.m. to 7:00 p.m. €0.33966/kWh

The average price of electricity in the wholesale market It will rise 7.8% this Saturday compared to this Friday, exceeding €215/MWh and reaching its second highest level so far in January.

Specifically, the wholesale market will register an average price of €218.82/MWh this Saturday, almost 16 euros more than the €202.95/MWh this Friday, according to provisional data published by the Iberian Energy Market Operator (OMIE). ) collected by Europa Press.

This will be the second highest average price for a day so far in 2022, only surpassed by the €223.16/MWh of last January 11.

By time slots, the maximum electricity price for this January 15 will be between 7:00 p.m. and 8:00 p.m., with €267.02/MWh, while the minimum, €193.04/MWh, will be recorded between 5 o’clock and 6 o’clock.

The price of electricity hour by hour

  • 00-01 0.28634 €/kWh
  • 01-02 0.28074 €/kWh
  • 02-03 €0.27622/kWh
  • 03-04 €0.26141/kWh
  • 04-05 €0.25756/kWh
  • 05-06 €0.2598/kWh
  • 06-07 0.26511 €/kWh
  • 07-08 €0.28323/kWh
  • 08-09 0.28755 €/kWh
  • 09-10 €0.28687/kWh
  • 10-11 €0.27947/kWh
  • 11-12 €0.26961/kWh
  • 12-13 €0.26224/kWh
  • 13-14 €0.25189/kWh
  • 14-15 €0.25625/kWh
  • 15-16 €0.2709/kWh
  • 16-17 €0.27889/kWh
  • 17-18 €0.29671/kWh
  • 18-19 €0.33966/kWh
  • 19-20 €0.33175/kWh
  • 20-21 €0.30971/kWh
  • 21-22 €0.29149/kWh
  • 22-23 €0.28512/kWh
  • 23-00 0.27881 €/kWh

Why does the light go up?

Compared to a year ago, the wholesale market price for this Saturday will be 179% more expensive than the one registered on January 15, 2021, of only €78.42/MWh.

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 carbon dioxide (CO2) emission rights, at all-time highs this year.

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