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The average price of electricity in the wholesale market will reach its highest level so far in June this Tuesday, the month in which the new structure of hourly sections has also come into force, exceeding the level of 90 euros per megawatt hour (MWh).

Specifically, the

electricity

pool will

register for today an average price of

90.95 euros per MWh

, a level only surpassed so far this year by the almost 95 euros per MWh that it touched on January 8, in the middle of the

Filomena

storm

, according to

OMIE

data

collected by Europa Press.

This data thus pulverizes what was until now the second most expensive daily price registered in 2021, the 88.95 euros per MWh on May 28.

The price of energy has a weight close to 24% in the bill, while around 50-55% corresponds to tolls -the cost of transmission and distribution networks- and charges -the costs associated with the promotion of renewables, non-peninsular ones, and the rate deficit annuities - and just over 21% for taxes.

Meanwhile, consumers who are in the free market are exempt from fluctuations in the daily price, since they have a price agreed with their company.

Time slots

The high price of electricity so far in June occurs in a month in which the new scheme has also come into force for hourly periods.

Thus, the prices of tolls and charges are different between the time periods, both for power and energy.

In the case of power from Monday to Friday on weekdays, the 'valley' will go from 00:00 to 07:00, while the 'peak' will be from 08:00 to 24:00. In the case of weekends and holidays, the power term will be 'valley' all day.

With regard to consumption, three time sections are set: '

punta

', '

llano

' and '

valle

'. The 'peak' period, in which the cost of tolls and charges will be higher, will be between 10 am and 2 pm and 6 pm and 10 pm; the 'flat' section, with an intermediate cost, will be between 08:00 and 10:00, 14:00 and 18:00 and between 22:00 and 00:00; and the 'valley' rate, the cheapest of the three, will be located between midnight and eight in the morning and will be applied during all hours of weekends and holidays.

This Monday, the most expensive time of the day for consumers under the PVPC took place from 8:00 p.m. to 9:00 p.m., with a price of 0.25383 euros per kWh.

The average price of the day was 0.16 euros per kWh and the cheapest was in the 'valley' of 0.112 euros per kWh, from 02:00 to 03:00.

The receipt in May was already almost 44% more expensive

Last May, the average electricity bill rose 0.8% compared to April and soared 43.8% compared to the same month last year, thus maintaining its upward trend in recent months.

Last week, the

Ministry for the Ecological Transition and the Demographic Challenge

asked the

National Commission for Markets and Competition

(

CNMC

) to analyze "any possible irregular behavior or market malpractice on the part of the market operators."

The increase in the price of electricity so far this month is mainly based on the increase in gas prices and CO2 rights, which so far in June exceed 51 euros per ton, doubling their value of a year ago.

According to the criteria of The Trust Project

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