The price of electricity in Spain falls to its lowest in six months, thanks to renewable energies

The highest price consumers will be charged for electricity tomorrow will be between 9am and 10am, at 148 euros/MWh, and the lowest will be between 5pm and 6pm at about six euros/MWh. In fact, it will be below 10 euros /MWh for the three hours between 4 and 7pm.

The lower price during the past week is due to two factors: a greater contribution from renewable energy plants and a reduction in the price of gas. However, compared with the same date last year, the average price of electricity tomorrow will be 8.4 per cent more expensive than the 78.58/MWh on 20 April 2021.