The average price of electricity in the wholesale market will fall today, Wednesday, April 6, by 3.93% in the islands of Tenerife, The Palm, La Gomera and The iron compared to yesterday, Tuesday, and will stand at 254.99 euros per megawatt hour (euros/MWh), less than half the figure it reached a month ago, when March 8 marked its all-time high (544.98 euros/MWh ).
still with the ukrainian war up, the high prices that were registered in the first weeks of March are now far from those that the ‘pool’ has marked in the first days of April, according to data from the Operator of the Iberian Electricity Market (OMIE).
However, this Wednesday’s average will be almost four times higher than was registered on the first Wednesday of March 2021when it reached 66.11 euros/MWh on average.
By time slots, electricity will be most expensive between 8:00 and 9:00 (311.59 euros/MWh); while cheapest price will take place between 17:00 and 18:00 (198.94 euros/MWh).
so far this month, the average price of electricity has been placed at 241.66 euros/MWh on average, 14.84% less than in March, the most expensive month since records are available (283.30 euros/MWh).
In the rest of the European markets, the average price of electricity It will be tomorrow, Wednesday, at 283.31 euros/MWh in Italy; 274.35 euros/MWh, in France; 245.99 euros/MWh, in Portugal; 213.28 euros/MWh, in the United Kingdom, and 121.33 euros/MWh, in Germany.
