The light marks the most expensive Saturday in history, with a price of 226.93 euros

The average daily price of electricity in the wholesale market will fall on Saturday by 2.1% compared to Friday, up to 226.93 euros the megawatt hour (MWh), not

The light marks the most expensive Saturday in history, with a price of 226.93 euros

The average daily price of electricity in the wholesale market will fall on Saturday by 2.1% compared to Friday, up to 226.93 euros the megawatt hour (MWh), notwithstanding this price the highest level recorded so far for a Saturday.

A week ago, the light was at 226.21 euros, so the rise in the last seven days is limited just 0.3%. Even so, if it is compared to the same day a year ago, the upsidence is 424%, that is, more than five times higher.

The price of electricity has already scored the second highest record in history this Friday, although it has not been recorded by a new absolute record capable of spraying the 288.53 euros that came to mark the past 7 of October.

The highest price on this Saturday will be between 20:00 and 21.00, when it will reach 264.54 euros / MWh, while the lowest will be recorded between 4:00 p.m. and 5:00 p.m., with 192.07 euros / mwh .

The electricity invoice has already skyrocketed this October and to maintain prices throughout the month the average user would pay 135.57 euros, 109.8% above 64.61 euros a year ago, according to the analysis About the evolution of the semi-repeated rate of the voluntary price for the small consumer (PVPC) carried out by Facua-consumers in action.

In fact, the Ministry for the Ecological Transition and the Demographic Challenge (Mikec) has launched a prior public consultation regarding the modification of the PVPC, which is fully indexed to the wholesale market of electricity and is the hiring modality of elected by 10, 7 million consumers, around 40% of all households.

Facua also warns that the new measures adopted by the Government have been "absolutely insufficient" and considers that they are only causing "a slight brake on the brutal tariff rise".

10% VAT reduction, 7% tax suspension to electricity generation, discount of 0.5% electricity tax or the expected contribution of 2,600 million euros by the electrical ones from the so-called 'Benefits fallen from heaven', are some of the measures undertaken by the Spanish Government.

However, the European Commission has parked for a medium-term reflection, the measures that Spain proposed to respond to the escalation of the price of electricity, such as the possibility of joining joint purchases of gas to create strategic reserves, while inspected To the capitals to give "priority" to actions already foreseen in the current legislation that can have an "immediate" impact.

Updated Date: 16 October 2021, 12:24

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