Skyrocketing energy prices in Spain break new records, rising 4.4% to 141.70 euros/MWh
The average daily price of electricity on the wholesale market will break yet another new record this Thursday September 9 by reaching 141.71 euros per megawatt hour (MWh), the highest price it’s ever been and 4.4% higher than yesterday (135.65 euros).
This marks the most expensive day for electricity in Spanish history, having surpassed the previous record on September 2, when the price was 140.23 euros/MWh. Last week, the government announced a series of new measures to combat the price hikes as the cost of electricity broke one record after another between Monday and Thursday, before taking a break and falling slightly on Friday and over the weekend.
The cheapest time to use home appliances and electricity is between 05:00 and 06:00 in the morning, when the price will be 120.92 euros/MWh. The most expensive time is between 21:00 and 22:00 in the evening, when the price will shoot up to 155.62 euros/MWh.
Image: Archive
Source: Murcia Today
