Friday, July 1

The light will mark a new record this Sunday by reaching 319.63 euros / MWh

  • It is the fourth historical maximum that is registered this week in which the level of 300 euros has been exceeded

The price of electricity in the wholesale market (pool) has been set to this Sunday at 319.63 euros per megawatt hour (MWh), which represents an increase of just over 4% compared to that set for this Saturday, which makes it the highest price in the historical series, reports Efe.

According to data from the Iberian Electricity Market Operator (OMIE), the maximum price tomorrow will be registered between 20:00 and 21:00 hours, when it will be 350 euros / MWh, while the minimum will be 274.9 euros / MWh between 4:00 and 5:00 in the morning.

With this new rise, electricity will mark a new all-time high, the fourth of this week, ahead of the 309.2 euros / MWh last Thursday, and the 306.33 euros / MWh registered this Saturday.

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Gas escalation

The unstoppable escalation of the price of gas It is the main reason for the rising cost of electricity, with a reference price of 135 euros. Last Friday the price of this raw material in the reference market (Dutch TTF) closed at 105 euros, when a year ago and until April the average cost used to be between 15 and 20 euros. He too price of carbon dioxide (CO2) emission rights it has skyrocketed in recent weeks, reaching over 80 euros. In January, the price was around 33 euros, while the average for all this year amounts to 52 euros.

Reference-www.elperiodico.com

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