These are the cheapest hours of electricity for this Friday, May 20

The average price of electricity in the wholesale market will rise 6.

These are the cheapest hours of electricity for this Friday, May 20

The average price of electricity in the wholesale market will rise 6.6% on Friday compared to this Thursday and will once again exceed the level of 200 euros per megawatt hour (MWh).

Specifically, the average price of the 'pool' for this Friday will be 203.74 euros/MWh, which places it 12.66 euros above the 191.08 euros/MWh of this Thursday, according to data published by the Operator of the Iberian Energy Market (OMIE) and collected by Europa Press.

In this way, the price of electricity for tomorrow will once again exceed the level of 200 euros/MWh for the first time since May 13 and will be the highest level for one day since May 10.

Compared to a year ago, the average price of electricity for this Friday will be 155% more expensive than the 79.79 euros/MWh of May 20, 2021.

The prices of the 'pool' have a direct impact on the regulated rate -the so-called PVPC-, to which almost 11 million households in the country are covered, and serve as a reference for the other 17 million who have contracted their supply in the free market .

In fact, the National Commission of Markets and Competition (CNMC) has verified that in 2021, in the framework of the upward spiral of energy, around 1.25 million people switched from the PVPC to a rate in the free market at a fixed price.


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