Spain: Electricity price rises by 5%

 

The average daily price of energy in the spanish wholesale market rises 5% from Monday, October 11 to 184.48 euros per megawatt hour (MWh), resuming its upward trend after many days of declines.

The week began with the second most costly Monday in history, according to data from the Iberian Electricity Market Operator (OMIE), after the cost leveled out over the weekend. 

Cheap Airline Deals  

Last week, a new high was hit when the price per MWh reached 288.53 euros on Thursday. It’s worth mentioning that, because demand for power is lower on Saturdays and Sundays, rates tend to fall.

 

Despite the increase, the price on Monday is still significantly lower than a week earlier, when the market price was 186.46 euros per megawatt hour. Enjoyed this post? Never miss out on future posts by following us.

 

Electricity in Spain, on the other hand, is still six times more expensive than it was a year ago.

300x250  

Today, between the hours of 8 p.m. and 9 p.m., consumers will pay the most, with each megawatt hour costing 241.27 euros. The cheapest time of day is between 2 and 3 a.m., which costs 125.01 euros.

 

   

 

The cheapest nicest hotels in Madrid for October 2021:

 

Hotel Nuevo Boston   Check Prices

AC Hotel Avenida de América by Marriott    Check Prices

AC Hotel Atocha by Marriott    Check Prices

Novotel Madrid Center   Check Prices

All-inclusive Holiday  Check Prices
 

The Madrid Pass: Royal Palace of Madrid, Prado Museum, Museo Reina Sofía, and more! Click here

 

Reina Sofía Museum: Admission Ticket & Audio Tour     € 21  Click here

 

 

 

 

Leave a Reply

Your email address will not be published.

Majorca Spain

Love Majorca: Dreamy beaches and romantic fishing villages

  Mallorca, or Majorca, is the largest of the Balearic Islands, which are located in the Mediterranean Sea and are part of Spain. Palma, the island’s capital, is also the seat of the Balearic Islands’ autonomous community. Since 1983, the Balearic Islands have been a Spanish autonomous territory.  Cabrera (southeast of Palma) and Dragonera (northeast […]

Read More
Canary Spain Tenerife

Love Tenerife: All Inclusive Cheap Holiday

Tenerife is a popular vacation destination that hasn’t lost sight of its origins.   Tenerife, while being the most populous and urbanized of the Canary Islands, nevertheless bears the impact of the indigenous Guanches.       Come in February, and you’ll see a carnival parade swirling through the streets, complete with enough feathers and […]

Read More
Granada Spain

Spain: Alhambra and Nasrid Palaces guided tour

Enjoy fast track access to the Alhambra, Generalife and Nasrid Palaces on a guided tour. Marvel at the architectural styles of this UNESCO site. Get a full guided tour to every part of the Alhambra complex on a 3-hour guided tour. Hear about the history of the site, from the beginnings when it was a […]

Read More