MADRID, 15 Dic. (EUROPA PRESS) -

The average price of electricity for regulated rate customers linked to the wholesale market will soar 80.3% this Thursday compared to yesterday Wednesday, up to 169.13 euros per megawatt hour (MWh).

In the auction, the average price of electricity in the wholesale market -the so-called 'pool'- stands for this Thursday at 131.31 euros/MWh. Thus, the maximum price will be recorded between 7:00 p.m. and 8:00 p.m., with 190.72 euros/MWh, while the minimum, of 81.80 euros/MWh, will be recorded between 3:00 a.m. and 5:00 a.m., according to provisional data from the Operator of the Iberian Energy Market (OMIE) collected by Europa Press.

To this 'pool' price is added the compensation to the gas companies that must be paid by consumers who are beneficiaries of the measure, consumers of the regulated tariff (PVPC) or those who, despite being on the free market, have an indexed rate, which will be for this Thursday of 37.82 euros/MWh.

In the absence of the 'Iberian exception' mechanism to cap the price of gas for electricity generation, the price of electricity in Spain would be around 272.06 euros/MWh on average, which means 102.93 euros/MWh more. than with compensation for customers of the regulated rate, who will thus pay 37.83% less on average.

The 'Iberian mechanism', which came into force on June 15, limits the price of gas for electricity generation to an average of 48.8 euros per MWh for a period of twelve months, thus covering next winter, a period in which energy prices are more expensive.

Specifically, the 'Iberian exception' sets a path for natural gas for electricity generation from a price of 40 euros/MWh in the initial six months --until December 15--, and subsequently, a monthly increase of five euros/MWh until the end of the measure.