The average electricity price in Spain is 167.03 euros per megawatt hour this Tuesday, 13th October. The cheapest period is recorded between 15:00 and 16:00, at 25 euros/MWh.
The electricity price in Spain reaches an average of 167.03 euros per megawatt hour this Tuesday, 13th October, with a maximum of 269.29 euros/MWh and a minimum of 25 euros/MWh, according to data published by infobae.com.
The most expensive period of the day is between 20:00 and 21:00, when the rate reaches 269.29 euros/MWh. Conversely, the lowest price is recorded between 15:00 and 16:00, at 25 euros/MWh.
The central part of the day sees the lowest prices. From 12:00 to 13:00, electricity costs 45.1 euros/MWh; from 13:00 to 14:00, 42 euros/MWh; from 14:00 to 15:00, 35 euros/MWh; and from 16:00 to 17:00, 33.75 euros/MWh.
In the morning, prices remain above 200 euros/MWh for several hours. From 0:00 to 1:00, the rate is 220 euros/MWh; from 8:00 to 9:00, it reaches 257.31 euros/MWh; and from 9:00 to 10:00, it drops to 233.8 euros/MWh.
The price notably decreases from 11:00, when it stands at 92.5 euros/MWh, hitting the lowest point during the 15:00 to 16:00 period at 25 euros/MWh. After 17:00, the trend reverses: from 17:00 to 18:00, it rises to 63.18 euros/MWh, from 18:00 to 19:00 to 149 euros/MWh, and from 19:00 to 20:00 to 216.32 euros/MWh.
The nightly peak lasts until 23:00. From 21:00 to 22:00, the price is 236.55 euros/MWh; from 22:00 to 23:00, 225.32 euros/MWh; and from 23:00 to 24:00, 213.99 euros/MWh.
For consumers on the regulated market, it is recommended to concentrate high-consumption appliances, such as washing machines, dishwashers, or dryers, during the central hours of the day when electricity is cheaper.
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