Energy Central Professional


Price of electricity in Spain this Wednesday, March 30

CE Noticias Financieras  


    Spain, one of the countries with the most expensive electricity system in the world, has wholesale electricity markets called pool that hold auctions every day to find out what the price per Megawatt per hour (MWh) will be.

    According to data from the Iberian Energy Market Operator (OMIE), electricity has dropped 54.85% compared to Wednesday, March 29, when it cost 68.91 euros/MWh. Today it costs 31.11 euros/MWh.

    The cheapest hour of light will be between 15 and 18 hours, at a price of 0.10 euros per megawatt hour. It is recommended to make the most use of electricity in this time slot.

    Also, you can take advantage of the other economic hour from 14 to 15 hours, where it will cost 4 euros.

    On the other hand, the maximum price of electricity will be from 08 to 09 hours, at a price of 91 euros/MWh.

    Price of electricity per hour this March 30

    • From 00:00 to 01:00: 35.00 euros/MWh
    • From 01:00 to 02:00: 33.01 euros/MWh
    • From 02:00 to 03:00: 33.00 euros/MWh
    • From 03:00 to 04:00: 33.90 euros/MWh
    • From 04:00 to 05:00: 33.90 euros/MWh
    • From 05:00 to 06:00: 34.50 euros/MWh
    • From 06:00 to 07:00: 45.00 euros/MWh
    • From 07:00 to 08:00: 75.00 euros/MWh
    • From 08:00 to 09:00: 91.00 euros/MWh
    • From 09:00 to 10:00: 55.00 euros/MWh
    • From 10:00 to 11:00: 33.01 euros/MWh
    • From 11:00 to 12:00: 29.59 euros/MWh
    • From 12:00 to 13:00: 12.93 euros/MWh
    • From 13:00 to 14:00: 4.16 euros/MWh
    • From 14:00 to 15:00: 4.00 euros/MWh
    • From 15:00 to 16:00: 0.10 euros/MWh
    • From 16:00 to 17:00: 0.10 euros/MWh
    • From 17:00 to 18:00: 0.10 euros/MWh
    • From 18:00 to 19:00: 4.16 euros/MWh
    • From 19:00 to 20:00: 32.00 euros/MWh
    • From 20:00 to 21:00: 46.00 euros/MWh
    • From 21:00 to 22:00: 46.00 euros/MWh
    • From 22:00 to 23:00: 33.90 euros/MWh
    • From 23:00 to 24:00: 31.27 euros/MWh

    The price is established day by day and also depends on the different origins it has: gas-fired thermal power plants, hydroelectric power plants, nuclear power plants or renewable energies. Each energy source generates a different price per MWh.

    Electricity is condensed in a pricing system. Wholesale markets and power generation vary the daily value of this service.

    While this marginalist system provides several advantages such as prioritizing low-emission energies, encouraging investment in renewable technologies and more.

    However, it also has major disadvantages such as sensitivity to demand to raise the price. As well as days where the light has a very high price because of fluctuations in energy systems.

    Unlimited benefits with your GestiĆ³n subscription! Enjoy up to 70% discount on more than 300 Subscribers Club promotions, which you can use as many times as you want. Get to know them here. Not a subscriber yet? purchase your plan here.


Copyright © 1996-2023 by CyberTech, Inc. All rights reserved.
Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.