There will be three free hours for the washing machine

he Light price tomorrow july 23rd For customers with regulated prices associated with the wholesale market, I’ll take a break In the pocket for the fifth day in a row. The price of electricity collapses again on Sunday up to 32.3% compared to the current Saturday. Thanks to lower demand over the weekend, energy prices are dropping and during the day tomorrow there will be up to three hours where electricity is It will be completely freeThat is, it will be worth zero euros. Without a doubt, it is a great time to use the appliances that consume the most, such as the washing machine, oven or air conditioner.

Average electricity “pools” into what July goes to 90.7 euros / MWh, Compared to the 258 €/MWh you set in the same period last year, 64.8% less. To this average price of the ‘pool’ will be added the compensation to the gas companies, which must be paid by the consumers benefiting from the meter, the regulated tariff consumers (PVPC) or those who, although on the free market, have an indexed tariff, but again at 0 €/MWh, a situation in which This has been happening since February 27th.

The most expensive and cheapest hours of light are on Sunday, July 23

Depending on the time periods, the price max114.95 € / MWh, will be recorded between 11:00 pm and 12:00 am, while the lowest price It will be delivered between 2:00 pm and 5:00 pm, at a rate of 0 €/MWh. In addition, there will be another three hours less than 5 € / MWh.

Electricity price tomorrow according to time periods

Factors affecting price increases

The price hike in most European countries is attributed to various factors, including Gas price increase in international markets. This fuel is used in combined cycle plants and has a significant impact on determining market prices during most hours of the day. In addition, the increase in the value of carbon dioxide (CO2) emission rights also contributes to this situation.

Why does the price of electricity change every hour?

Electricity bill rates It is flexible It is linked to the wholesale electricity market. For this reason, the price of electricity is set in each hourly period based on the energy demand at that time, which leads to a constant variation in the cost of electricity throughout the day.

For example, during periods high demand Because of extreme temperatures from too cold for heating or too hot for air conditioners, prices tend to go up. Additionally, it is important to consider that expenses associated with modulation services, fees, payments for capacity, marketing, fees, and outage rate, among others, can change the rate from hour to hour. With the entry into force of the new calculation methodology for the New Regulated Electricity Tariff in January 2024, it is expected to give more stability to the electricity market.

The Iberian exception

the so-calledIberian exceptionIt was extended until December 31, following the agreement that Spain and Portugal reached with the European Commission. Thus, it is extended for a period of seven months, until the end of this year, and it is not excluded that it will be extended for a longer period if the aforementioned framework is also extended.

Specifically, the agreement not only represents an extension of the Iberian exception that has already been applied, but also includes some modifications to accommodate it, such as the price reference, which until now remains It has increased by five euros a month, and now it will be much smoother.

In the original agreement, the average reference price for gas was €48.8/MWh: it was €40/MWh for six months, and rose €5/MWh each month thereafter. Now it will rise by 1.1 € / MWh since last April, To end at 65 EUR/MWh.

For the time being, the mechanism has not had any impact on marginal matching operations in the wholesale markets since the end of February, Because of the low price of natural gas Below the thresholds established for its application, but if necessary, the extension will make it possible to maintain a reasonable price, not dependent on the development of natural gas.