Price of electricity today, July 12: eight hours at zero or negative

The price of electricity today, Sunday, July 12, drops to an average of 72 euros per megawatt-hour in the wholesale market. Electricity registers negative values for a good part of the central hours of the day, but exceeds 150 euros between 10:00 PM and 11:00 PM.

1 minute

Add DEMÓCRATA to Google

Published

Last updated

1 minute

The price of electricity falls this Sunday by 17.54% compared to Saturday. The wholesale market marks a daily average of 72 euros per megawatt-hour, compared to the 87.32 euros registered on July 11.
The difference between the cheapest and most expensive period is again wide. Prices fall to zero or negative values between 10:00 AM and 6:00 PM, while the highest cost is concentrated at the end of the day.

What is the cheapest hour for electricity

The cheapest hour on Sunday is between 1:00 PM and 2:00 PM, with an average hourly price of -1.11 euros per megawatt-hour.
Negative prices are also recorded between 10:00 AM and 5:00 PM. Between 5:00 PM and 6:00 PM, electricity remains exactly at zero in the wholesale market.

The best times to concentrate the use of washing machines, dishwashers, and other appliances are:
From 11:00 AM to 12:00 PM: -0.56 euros/MWh.
From 12:00 PM to 1:00 PM: -0.91 euros/MWh.
From 1:00 PM to 2:00 PM: -1.11 euros/MWh.
From 2:00 PM to 3:00 PM: -1.08 euros/MWh.
From 3:00 PM to 4:00 PM: -1 euro/MWh.

These amounts correspond to the wholesale market. The final cost of the regulated bill also incorporates tolls, charges, taxes, and other components of the PVPC.


What hour to avoid

The most expensive period will be between 10:00 PM and 11:00 PM, when the average hourly price will reach 150.96 euros/MWh.
The two consecutive hours will also be particularly expensive: from 9:00 PM to 10:00 PM, 144.49 euros/MWh will be paid, and from 11:00 PM to midnight, 145.91 euros/MWh.

The price begins to rise rapidly from 7:00 PM, coinciding with the decrease in solar production and the increase in domestic consumption.


Price of electricity by the hour

These are the main periods of Sunday:
12:00 AM - 1:00 AM: 137.44 euros/MWh.
7:00 AM - 8:00 AM: 115.71 euros/MWh.
9:00 AM - 10:00 AM: 8.31 euros/MWh.
10:00 AM - 11:00 AM: -0.04 euros/MWh.
1:00 PM - 2:00 PM: -1.11 euros/MWh.
5:00 PM - 6:00 PM: 0 euros/MWh.
7:00 PM - 8:00 PM: 63.30 euros/MWh.
10:00 PM - 11:00 PM: 150.96 euros/MWh.

OMIE places the intraday minimum of the Spanish market at -1.43 euros/MWh and the maximum at 153.42 euros/MWh. These extremes correspond to 15-minute trading intervals, while the previous data are hourly averages.