The average electricity price for this Sunday, April 28, 2024 is €28.72 per MWh. In this sense, the average cost suffered a slight increase of 3.70 euros compared to yesterday, Saturday. The fact is that on April 27, the average price of light was 25.02 euros per megawatt-hour.
Despite this difference of 3.70 euros and above, the fact is that there are many time periods today where the price of light is very cheap. As shown in the data fromIberian Energy Market Operator (OMIE)The price of electricity this Sunday will be 0 euros for 6 hours. In addition, even in the most expensive hour of the day it will not exceed 79 euros per megawatt-hour.
Electricity prices today, April 28, 2024, hour by hour
This Sunday will start with very high prices. The fact is that throughout the morning the price of light will exceed 35 euros per megawatt-hour. However, this trend will change from 09:00. Although it won't be until 11:00 AM when the price of electricity will be €0.
From 10.00 to 11.00, the price of light will be 0.44 euros per megawatt-hour. From 11 am to 4 pm the price of electricity will be 0 euros. Therefore, during these five hours is the ideal time to focus electricity consumption this Sunday. This price will also be from 17.00 to 18.00 hours.
However, the cheapest time of the day is between 16:00 and 17:00. In this time period, the price of light will be -0.01 EUR/MWh. The negative price is due to lower demand for electricity and higher renewable energy production.
- 10:00-11:00: €0.44/MWh
- 11:00-16:00: 0 EUR/MWh
- 16:00 – 17:00: -0.01 €/MWh
When will light be more expensive this Sunday, April 28?
As for the price increase, most of it will be concentrated during the last hours of the day. Between 20.00 and 00.00 the highest prices of the day are concentrated, exceeding 50 euros per megawatt-hour. The peak will occur from 21:00 to 22:00, when light will cost €78.56 per MWh.
- 20:00 – 21:00: 58.88 euros/MWh
- 21:00 – 22:00: €78.56/MWh
- 22:00 – 23:00: 72.21 euros/MWh
- 23:00 – 00:00: 60.65 euros/MWh
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