The price of light reaches a historic maximum by third consecutive day: 113.99 euros

The price of light has again exceeded its maximum historical price by third consecutive day after establishing itself at 113.99 euros / MWh for August 11, 2021,

The price of light reaches a historic maximum by third consecutive day: 113.99 euros

The price of light has again exceeded its maximum historical price by third consecutive day after establishing itself at 113.99 euros / MWh for August 11, 2021, according to Omie. The figure represents an increase of 1.88% compared to 111.88 euros on Tuesday, which had already been 4.8% more expensive than the Historical Up 106.74 euros on Monday.

This means that the average price of light in the wholesale market increases by 190.27% compared to the equivalent day of last year, second Wednesday of the month, when they were paid 39.27 euros per megawatio hour. August has already registered four of the five more expensive days in history; The fourth position is occupied by the 106.57 euros that were reached on July 21, in what was then the highest price to date. That day was overcame a record of almost 20 years old.

Throughout the day there will be several spotlights more than 120 euros (the maximum will be 125.01 from 10pm) and only at 04:00, when the cost of electricity will be 99.48 euros per megawatio Time, it will be below 100.

The rise also supposes a slight increase in the average price of this month, which is on its way to be the most expensive in history. Currently, the figure is at 97.67 euros per day despite the respirators of the four days (1, 6, 7 and 8) of August in which the barrier of the three figures was not exceeded and there were prices of between 65, 64 and 97.22 euros.

The 93.46 euros / MWh of July were 169.8% above the same month of last year, while in August 2020, 46.25 euros on day 27 and the average price of electricity were 36 , 19 euros.

Updated Date: 10 August 2021, 08:04

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