By Chris King • 31 January 2023 • 0:03
Image of a lighbulb containing banknotes.
Credit: Bartolomiej Pietrzyk / Shutterstock.com
The average price of electricity for regulated rate customers linked to the wholesale market in Spain will fall by 5 per cent on Tuesday, January 31, compared to today, Monday 30. Specifically, it will stand at €129.78/MWh.
According to the operator of the Iberian Energy Market (OMIE), in the auction, the average price of energy in the wholesale market – the so-called ‘pool’ – will stand at €127.07/MWh tomorrow.
Tuesday’s minimum price of €99/MWh, will occur between 2am and 3am, while the maximum price will be registered between 7pm and 8pm, when it will be €187.36/MWh.
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Originally from Wales, Chris spent years on the Costa del Sol before moving to the Algarve where he is a web reporter for The Euro Weekly News covering international and Spanish national news.
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