The price of electricity rises 2.5% this Friday and stands at 226.15 euros / MWh

Madrid, Dec 3 (EFE) .- The price of electricity in the wholesale market (pool) has risen 2.5% this Friday to stand at 226.15 euros per megawatt hour (MWh), once again above the barrier of 200 euros / MWh.

With this rise, after chaining two days of decreases, electricity will be 0.6% cheaper than last Friday, just a week ago, although it continues to increase five times the value set by the pool during the first Friday in December of the previous year ( 43.36 euros).

The price of electricity exceeds 200 euros / MWh for the 16th consecutive day, a barrier that was reached in almost 70% of the days of October and in 45% of the days of November.

The price of this Friday, December 3, is 17% above the average registered during the month of November (193.43 euros / MWh), and is 13% higher than that of October (200, 06 euros / MWh).

The prices of the wholesale market have a direct impact on the regulated tariff or PVPC, to which almost 11 million consumers in Spain are welcomed, and serves as a reference for the other 17 million who contract their supply in the free market.

By time slots, the maximum price for today will be registered between 6:00 p.m. and 7:00 p.m. with 272.98 euros / MWh, while the minimum will be 194.06 euros / MWh between 4:00 and 5:00: 00 and 14:00 and 15:00.

The price escalation that affects a large part of Europe is due, among other factors, to the rising cost of gas in international markets, which is used in combined cycle plants and which sets the market price in most hours, and the increase in the price of carbon dioxide (CO2) emission rights.

(c) EFE Agency

Article Source