Price of electricity today, May 1, by bands and sections: When is it cheapest?

Price of electricity today, May 1, by bands and sections: When is it cheapest?
Descriptive text here
-

He wholesale value of electricity in Spainused as a reference for clients with regulated tariffs or PVPC, says goodbye to the annual lows of 2022, the most turbulent year in its history, which has resulted in an energy policy agreed upon by European partners.

The average price of the megawatt-hour today May 1 in Spain it is €12.53/MWh, according to OMIE. Currently, with the limit on gas, the price of the daily MWh has been reduced.

Electricity prices: average, minimum and maximum price for Wednesday, May 1, 2024

AVERAGE PRICE OF THE DAY: 0.0616 €/kWh

LOWEST PRICE OF THE DAY: 0.03824 €/kWh from 1:00 p.m. to 2:00 p.m.

HIGHEST PRICE OF THE DAY: 0.08937 €/kWh from 1:00 to 2:00 hours

Price per kWh of electricity per hour:

00h01h

0.08643 €/kWh

01h02h

0.08937 €/kWh

02h03h

0.0764 €/kWh

03h04h

0.07471 €/kWh

04h05h

0.07267 €/kWh

05h06h

0.07322 €/kWh

06h07h

0.0745 €/kWh

07h08h

0.07337 €/kWh

08h09h

0.06532 €/kWh

09h10am

0.05793 €/kWh

10am11am

0.04343 €/kWh

11am12h

-

0.04104 €/kWh

12h1pm

0.03991 €/kWh

1pm2pm

0.03824 €/kWh

2pm3pm

0.03846 €/kWh

3pm4pm

0.03968 €/kWh

4pm5pm

0.04134 €/kWh

5pm18h

0.0516 €/kWh

18h7pm

0.05288 €/kWh

7pm8pm

0.05408 €/kWh

8pm9pm

0.06737€/kWh

9pm10pm

0.07882€/kWh

10pm11pm

0.07855€/kWh

11pm24h

0.06858€/kWh

Price of electricity today, May 1, hourly: when is it cheaper? Pexel

What factors affect price escalation?

The incessant price rise that harms a large part of Europe is the result of different factors, such as the rise in the value of gas in global markets, used in combined cycle plants and dictator of the price in most of the hours in the market and the increase of the costs of carbon dioxide (CO2) emission rights.

-

-

PREV Volkswagen Group’s profit drops 20% in the first quarter
NEXT artificial intelligence will eliminate them in the next decade