The price of light will reach a new historical maximum, 111.88 euros / MWh, after uploading almost 5% in a day

The average price of light in the wholesale market has again surpass its historical maximum and will be placed on Tuesday, August 10 at 111.88 euros / MWh. Th

The price of light will reach a new historical maximum, 111.88 euros / MWh, after uploading almost 5% in a day

The average price of light in the wholesale market has again surpass its historical maximum and will be placed on Tuesday, August 10 at 111.88 euros / MWh. The previous 'record' held him precisely on August 9, with 106.74 euros / MWh.

It is, therefore, of a considerable increase, since on previous occasions the ribbon had risen on scales of cents (106.57 euros reached on July 21; 0.17 euros less than the highest figure until Tuesday) And this time there are 5.14 euros of difference. According to the data collected by Omie, at no time will it fall from 100 euros per MWh and will have peaks of 117.15 (at 08:00, at 10:00 and 23:00), 119 (09:00 and up to 120 euros (21:00 and 22:00).

Thus, the amount increases almost 5% compared to the previous day (4.8%, specifically) and 187.7% compared to the equivalent date of 2020 (August 11, the second Tuesday of the month), when the Light cost 38.88 euros / MWh on average.

August is not giving a respite to consumers, who already lived a month of July with historic maximums and an average price of 93.46 euros / MWh, which already meant 169.8% above the same month last year. It is worth remembering that it is this monthly figure that allows to measure the final repercussion in the pockets of people and, for the moment, August seems to follow the same trend.

So far this month, the 'pool' has already registered a historical maximum (today) that will exceed tomorrow and what until now was the second, third and fifth higher price in history. Only July 21 (106.57 euros) manages to enter this particular podium.

Earlier is due to high prices of emission rights and the increase in the price of natural gas. The first have been located at 54 euros per ton in August (by comparing, in the first months of the year they were in the surroundings of 30 euros), while natural gas is at 41.7 euros, according to data from collected MIBGAS by Europe Press.

Updated Date: 09 August 2021, 11:49

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