The average price of light will increase on Monday, August 26, 2024. Specifically, the average price of a megawatt hour (MW/h) will be 94.19 euros. We are talking about an increase of 62.99 euros, taking into account that The average fare on Sunday was €31.20..
If we take a look at the data provided byIberian Energy Market Operator (OMIE), a clearly widespread increase is observed. The fact is that in the cheapest sections, prices will not fall below 60 euros per megawatt-hour. In addition, in the most expensive hour of the day, the megawatt-hour will exceed 150 euros.
Electricity prices today, Monday, August 26, 2024, hour by hour
Overall, as we announced earlier, the hours on Monday will be rather expensive. The cheapest hours range between 63.37 and 64.99 euros per megawatt hour (MW/h). That’s bad news for all pockets.
So, from 10.00 to 11.00 and from 12.00 to 13.00, a megawatt-hour will cost 64.99 euros, dropping to 63.37 euros per megawatt-hour between 11.00 and 12.00. The latter is the lowest rate today.
- 10:00 – 11:00: 64.99 €/MWh.
- 11:00 – 12:00: 63.37 EUR/MWh .
- 12:00 – 13:00: 64.99 €/MWh.
When will electricity be more expensive on Monday?
As we say, in general, the electricity tariff on Monday will be quite expensive. Especially if we compare it to the weekend. However, for those hours when light is more expensive, you should be especially careful at night.
These ranges usually coincide with higher electricity consumption, so lighting is also more expensive. For example, a megawatt hour (MW/h) will not fall below 110 euros overnight.
In this way, from 20.00 to 21.00, a megawatt-hour will cost 127.04 euros, although it will not be the highest rate of the day. We find that from 21.00 to 22.00, a megawatt-hour will cost 160 euros. Finally, from 22.00 to 23.00 a megawatt-hour will cost 130 euros, and from 23.00 to 00.00 it will cost 124.54 euros.
- 20:00 – 21:00: 127.04 €/MWh.
- 21:00 – 22:00: 160 €/MWh .
- 22:00 – 23:00: 130 €/MWh.
- 23:00 – 00:00: 124.54 EUR/MWh.
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