The electricity price will double on Monday to 74.6 euros/MWh

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The electricity price will double on Monday to 74.6 euros/MWh

This is the electricity price Monday at 74.63 euros per megawatt-hour (MWh), which means almost doubling the 38.9 euros/MWh cost this Sunday, after the December long weekend, according to the auction held today in the wholesale market.

In this way, the electricity of the wholesale market, which serves as a reference to the regulated rate or PVPC, will increase on the third day of the rise and leave the minimum in December marked by the last day of the Immaculate Conception,. about 22 euros/MWh.

However, electricity will start the week with a lower value than seven days ago and almost 67% cheaper than a year ago, when it was 225.7 euros / MWh, on a day when gas cap.

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Through the time slots, electricity will reach its lowest price tomorrow between 3:00 and 4:00 in the morning, with 10 euros/MWH, while the highest will be marked between 6:00 in the evening and at 7:00 pm, with 123.57 euros/MWh.

So far in December, electricity costs an average of almost 74 euros/MWh, compared to 125 euros/MWh last year, while since the beginning of the year, the average price is 91 euros/MWh, far from 217 euros/MWh in 2022.

Regarding the surrounding countries, in Germany, the average price will be 79 euros/MWh; in France, 80 euros/MWh; in the United Kingdom, 82.8 pounds/MWh (about 96 euros at the current exchange rate) and in Italy, 121.1 euros/MWh.

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