The price of electricity has skyrocketed in April to

65.46 euros per megawatt hour,

its highest record in 31 months, according to data from

the Iberian Electricity Market Operator (Omie).

This figure multiplies almost by four the cost of electricity registered the same month of the previous year, which will translate into a sharp increase in the cost of energy supply in full recovery of the economy.

If compared with the last invoice, corresponding to the month of March, the increase would be around 15%.

For an average consumer covered by the

Voluntary Price for the Small Consumer (PVPC)

- the old regulated rate to which

11 million households

continue to adhere

- the impact of the increase will translate into an increase of 7 euros compared to the March receipt.

The 'heat' in the electricity market in April even exceeds that registered last January, coinciding with the

Filomena

storm

. Why, this time, the rebound? Sources in the energy sector link it to the increase in the cost of CO2 emission rights -which has gone from 15 to 40 euros per ton in one year- and to the greater entry into the combined gas cycle market to respond to the increase in energy demand. These facilities mean that the cost of polluting is translated directly to the receipt, although later, as it is a marginal system, that price is eventually charged by all the agents who match their offers.

"Renewable technologies are doing their August by increasing their profit margins because the cost of CO2 emissions, around € 45 / t., Represents an extra cost for combined cycles of between € 15 and € 17 / MWh," they explain the experts of the ASE group.

The increase in the cost of CO2 is linked to the race undertaken by the European Union to reduce its polluting emissions significantly throughout this decade.

The Commission grants the most polluting companies a series of emission rights to carry out their activity and not lose competitiveness compared to industries on other continents where pollution is less penalized, but these allocations are increasingly smaller and have resulted in a market speculative that makes rights more and more expensive.

The other factor that explains the rise in the price of electricity is, curiously, the rise in gas prices.

The greater demand for this hydrocarbon from the Asian continent has raised its price worldwide, so it is now more expensive to use it to generate electricity in Spain.

The logical thing is that, when the winter ends, which is the time of greatest consumption, the prices begin to fall.

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