Image of electricity pylons. Credit: Dmitrydesign/Shutterstock.com
The average price of electricity for regulated rate customers linked to the wholesale market in Spain will soar by an astounding 75 per cent this Thursday, November 24, compared to Wednesday 23. Specifically, it will stand at €152.14/MWh.
According to provisional data from the operator of the Iberian Energy Market (OMIE), in the auction, the average price of electricity in the wholesale market – the so-called ‘pool’ – will stand at €137.74/MWh tomorrow.
Thursday’s maximum price will be registered between 8pm and 9pm, at €195.76 euros/MWh, while the minimum for the day will be €110.97/MWh, between 4am and 6am.
To this ‘pool’ price is added the compensation of €14.40/MWh to the gas companies. This must be paid by consumers who are beneficiaries of the measure, consumers of the regulated tariff (PVPC) or those who, despite being in the free market, have an indexed rate.
___________________________________________________________
Thank you for taking the time to read this article. Do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and remember, you can also follow us on Facebook and Instagram.
Ukraine's President Volodymyr Zelensky has pleaded with UK Prime Minister Rishi Sunak and other European…
Russia’s Wagner group chief says they have halted prisoner recruitment programs to fight the war…
At least 15,000 people have now been confirmed dead in Turkey and northern Syria following…
05:00 (February 9) - Police admit that missing dog walker and mother of two Nicola Bulley…
The long-awaited Barbara Streisand autobiography is coming but the bad news is that it will…
RECHARGE INDUSTRIES Australian company was named preferred bidder for Britishvolt which collapsed last month. The…