Electricity to Increase Again on Thursday

The average price of electricity in the wholesale market will skyrocket this Thursday by 18.2% compared to Wednesday, for the fifth consecutive day of increases, and will once again exceed the level of 210 euro per megawatt hour (MWh).

Specifically, the ‘pool’ will register an average price of 212.98 euro / MWh on Thursday, with an increase of almost 33 euro compared to 180.2 euros / MWh this Wednesday, according to data published by the Market Operator Ibérico de Energía (OMIE).

By time slots, the minimum price of electricity for Three Kings Day will be between 05:00 and 06:00, at 170.1 euro / MWh, while the maximum, of 278.36 euro / MWh , will be between 20:00 and 21:00.

The 212.98 euro / MWh that will mark the average this Thursday represents the highest price level since Christmas Day and the level of 200 euro / MWh is once again exceeded for the first time this year.