The average price of electricity in the wholesale market will rise 6.7% on Tuesday compared to this Monday, to overcome the barrier of 210 euros/MWh, pending the application from Wednesday of the Iberian exception to meet the price of natural gas for electricity generation.

Specifically, the average price of electricity this Tuesday will be 214.05 euros/MWh, which is 13.43 euros more than yesterday's price (200.62 euros/MWh), according to data published by the Operator of the Iberian Energy Market (OMIE) and collected by Europa Press.

The maximum price of electricity for this June 14 will be registered between 10:00 p.m. and 11:00 p.m., with 242.27 euros/MWh, while the minimum for the day, of 194 euros/MWh, has been registered between 4:00 p.m. 5:00 p.m.

Compared to a year ago, the average price of electricity for this Tuesday will be 141.9% more expensive than the 88.47 euros/MWh of June 14, 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.