Energy The reasons for high electricity prices
The average price of electricity in the wholesale market will hit new all-time highs this Monday, with an average price of 106.74 euros per megawatt hour (MWh),
thus surpassing the previous record
of 106.57 euros that reached last
21 July
.
In its comparison with last year -the second Monday in August was the 10th-, the rise is 180%, that is, the price of this Monday will almost triple the one registered exactly one year ago, when it was limited to 38.09 euros / MWh.
However, this time, the electricity pool will register for this Monday, August 9, an average price of 106.74 euros / MWh, exceeding all July levels and even the peaks of this August start, which has marked three of the five all-time highs, according to OMIE data.
Except from 3:00 p.m. to 5:00 p.m., the price will remain constantly above 100 euros / MWh, marking the daily maximum between 9:00 p.m. and 10:00 p.m., when the price of electricity will be 114.07 euros.
On the contrary, the daily minimum will be recorded between 4:00 p.m. and 5:00 p.m., since it will be limited to 97.95 euros per MWh.
The price of electricity
continues
like this in this beginning of August with the
tension experienced throughout July
, which led to an average closing of 93.46 euros / MWh, which is the highest level in history and a 169.8% above the same month last year.
Specifically, so far in August, the 'pool' has already registered its highest historical price, that of this Monday, as well as the second highest price in the historical series, last Tuesday with 106.27 euros / MWh;
the third, with 105.24 euros / MWh last Wednesday;
and the fifth, with 103.07 euros / MWh, last Monday.
This increase in the price of the electricity market is motivated by the
high prices of emission rights
and the
increase in
the
cost of natural gas
.
Specifically, emission rights have become more expensive to exceed 54 euros per ton at the beginning of August, when at the beginning of the year they were trading around 33 euros.
Meanwhile, the price of natural gas has already risen to 41.7 euros per MWh, according to Mibgas data.
The price of energy has a
close weight in the bill of around 24%
, while around 50-55% corresponds to tolls -the cost of transmission and distribution networks- and charges -the costs associated with development from renewables, to extra-peninsular ones and the annuities of the tariff deficit- and the rest taxes.
The fluctuations in the daily price
affect consumers covered by the regulated tariff
(PVPC), just over
10 million
, while those in the free market are exempt -about 17 million-, since they have an agreed price with your company.
According to the criteria of The Trust Project
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