After a Wednesday with peaks above €100/MWh, the penultimate weekend of November begins with relief: the Spanish wholesale market marks an average of €59,07/MWh this Saturday, November 22, marking the third decline of the week according to the Iberian Energy Market Operator (OMIE).
In the regulated tariff (PVPC), the day also offers some respite: the average price is at € 108,35 / MWh, which implies a 26,37% decrease compared to Friday (€147,16/MWh), according to data published by Red Eléctrica de España. It's worth remembering that the PVPC includes tolls, charges, and adjustments, so it is usually higher than the OMIE.
When is electricity cheapest today?
The middle part of the day is once again the most favorable for your wallet. Among the 11:00 and 15:00The wholesale market spot price falls below one euro per MWh, with a minimum of €0,53/MWh during the period from 11:00 to 12:00.
If you can shift your energy consumption, it's best to concentrate washing machine, dishwasher, or recharging during these hours. almost symbolic price, in as much as The savings can be significant. facing the afternoon-evening.
- 11:00-12:00: 0,53 €/MWh
- 12:00-13:00: 0,65 €/MWh
- 13:00-14:00: 0,65 €/MWh
- 14:00-15:00: 0,79 €/MWh
When is electricity most expensive today?
Tension returns late in the day. Rush hour is concentrated between 19:00 and 20:00 hrs.When the OMIE achieves € 102,83 / MWhFurthermore, it is advisable to avoid the periods from 17:00 PM to 19:00 PM and from 20:00 PM to 23:00 PM, with values ​​above € 90 / MWh.
- 19:00-20:00: €102,83/MWh (maximum of the day, OMIE)
- 18:00-19:00: 98,85 €/MWh
- 20:00-21:00: 91,13 €/MWh
- 21:00-22:00: 92,17 €/MWh
- 22:00-23:00: 90,23 €/MWh
OMIE price per hour for Saturday, November 22
This is the hour-by-hour breakdown of the wholesale market for today. The OMIE daily average reference price is at € 59,07 / MWhwith a very marked valley at midday and a prominent peak at the end of the day.
- 00:00-01:00: 89,52 €/MWh
- 01:00-02:00: 79,16 €/MWh
- 02:00-03:00: 75,45 €/MWh
- 03:00-04:00: 70,03 €/MWh
- 04:00-05:00: 67,22 €/MWh
- 05:00-06:00: 67,22 €/MWh
- 06:00-07:00: 74,47 €/MWh
- 07:00-08:00: 83,77 €/MWh
- 08:00-09:00: 76,94 €/MWh
- 09:00-10:00: 34,68 €/MWh
- 10:00-11:00: 2,13 €/MWh
- 11:00-12:00: 0,53 €/MWh
- 12:00-13:00: 0,65 €/MWh
- 13:00-14:00: 0,65 €/MWh
- 14:00-15:00: 0,79 €/MWh
- 15:00-16:00: 2,78 €/MWh
- 16:00-17:00: 42,91 €/MWh
- 17:00-18:00: 90,25 €/MWh
- 18:00-19:00: 98,85 €/MWh
- 19:00-20:00: 102,83 €/MWh
- 20:00-21:00: 91,13 €/MWh
- 21:00-22:00: 92,17 €/MWh
- 22:00-23:00: 90,23 €/MWh
- 23:00-24:00: 83,33 €/MWh
PVPC today: average, off-peak and peak hours
In the regulated tariff, the average PVPC price It stands at € 108,35 / MWhThe cheapest hour will be 14:00 to 15:00 (€45,56/MWh)while the most expensive one comes from 19:00 to 20:00 (€159,77/MWh), with other peak times to avoid around 18:00-19:00 and 21:00-22:00.
These PVPC values ​​incorporate tolls, charges, adjustment and marketing servicesTherefore, they differ from the OMIE spot price. Details below. hour by hour to guide consumption:
- 00:00-01:00: 140,28 €/MWh
- 01:00-02:00: 131,13 €/MWh
- 02:00-03:00: 128,34 €/MWh
- 03:00-04:00: 120,08 €/MWh
- 04:00-05:00: 117,07 €/MWh
- 05:00-06:00: 117,14 €/MWh
- 06:00-07:00: 123,09 €/MWh
- 07:00-08:00: 130,92 €/MWh
- 08:00-09:00: 127,98 €/MWh
- 09:00-10:00: 81,77 €/MWh
- 10:00-11:00: 46,92 €/MWh
- 11:00-12:00: 45,93 €/MWh
- 12:00-13:00: 46,34 €/MWh
- 13:00-14:00: 46,79 €/MWh
- 14:00-15:00: 45,56 €/MWh
- 15:00-16:00: 48,81 €/MWh
- 16:00-17:00: 91,33 €/MWh
- 17:00-18:00: 139,82 €/MWh
- 18:00-19:00: 153,49 €/MWh
- 19:00-20:00: 159,77 €/MWh
- 20:00-21:00: 145,42 €/MWh
- 21:00-22:00: 142,63 €/MWh
- 22:00-23:00: 138,33 €/MWh
- 23:00-24:00: 131,39 €/MWh
Price per quarter hour (OMIE): details of the day
The wholesale market also allows you to see the signal in 15 minute intervalsToday, the minimum appears between 11:45 and 12:00 (0,16 €/MWh) and the maximum across 19:00 and 19:15 (105,96 €/MWh), consistent with the hourly peaks and valleys.
- 00:00 – 00:15: €95,68/MWh
- 00:15 – 00:30: €92,23/MWh
- 00:30 – 00:45: €85,98/MWh
- 00:45 – 01:00: €84,19/MWh
- 01:00 – 01:15: €84,40/MWh
- 01:15 – 01:30: €82,98/MWh
- 01:30 – 01:45: €77,00/MWh
- 01:45 – 02:00: €72,26/MWh
- 02:00 – 02:15: €84,19/MWh
- 02:15 – 02:30: €77,00/MWh
- 02:30 – 02:45: €72,35/MWh
- 02:45 – 03:00: €68,25/MWh
- 03:00 – 03:15: €74,00/MWh
- 03:15 – 03:30: €70,00/MWh
- 03:30 – 03:45: €68,05/MWh
- 03:45 – 04:00: €68,05/MWh
- 04:00 – 04:15: €67,22/MWh
- 04:15 – 04:30: €67,22/MWh
- 04:30 – 04:45: €67,22/MWh
- 04:45 – 05:00: €67,22/MWh
- 05:00 – 05:15: €67,22/MWh
- 05:15 – 05:30: €67,22/MWh
- 05:30 – 05:45: €67,22/MWh
- 05:45 – 06:00: €67,22/MWh
- 06:00 – 06:15: €70,60/MWh
- 06:15 – 06:30: €73,25/MWh
- 06:30 – 06:45: €74,90/MWh
- 06:45 – 07:00: €79,13/MWh
- 07:00 – 07:15: €81,82/MWh
- 07:15 – 07:30: €84,19/MWh
- 07:30 – 07:45: €83,53/MWh
- 07:45 – 08:00: €85,52/MWh
- 08:00 – 08:15: €85,35/MWh
- 08:15 – 08:30: €82,35/MWh
- 08:30 – 08:45: €72,00/MWh
- 08:45 – 09:00: €68,05/MWh
- 09:00 – 09:15: €60,46/MWh
- 09:15 – 09:30: €40,82/MWh
- 09:30 – 09:45: €23,43/MWh
- 09:45 – 10:00: €14,00/MWh
- 10:00 – 10:15: €3,52/MWh
- 10:15 – 10:30: €3,52/MWh
- 10:30 – 10:45: €0,84/MWh
- 10:45 – 11:00: €0,65/MWh
- 11:00 – 11:15: €0,65/MWh
- 11:15 – 11:30: €0,65/MWh
- 11:30 – 11:45: €0,65/MWh
- 11:45 – 12:00: €0,16/MWh
- 12:00 – 12:15: €0,65/MWh
- 12:15 – 12:30: €0,65/MWh
- 12:30 – 12:45: €0,65/MWh
- 12:45 – 13:00: €0,65/MWh
- 13:00 – 13:15: €0,65/MWh
- 13:15 – 13:30: €0,65/MWh
- 13:30 – 13:45: €0,65/MWh
- 13:45 – 14:00: €0,66/MWh
- 14:00 – 14:15: €0,77/MWh
- 14:15 – 14:30: €0,77/MWh
- 14:30 – 14:45: €0,80/MWh
- 14:45 – 15:00: €0,83/MWh
- 15:00 – 15:15: €0,77/MWh
- 15:15 – 15:30: €1,72/MWh
- 15:30 – 15:45: €3,52/MWh
- 15:45 – 16:00: €5,11/MWh
- 16:00 – 16:15: €15,00/MWh
- 16:15 – 16:30: €39,72/MWh
- 16:30 – 16:45: €44,90/MWh
- 16:45 – 17:00: €72,00/MWh
- 17:00 – 17:15: €76,45/MWh
- 17:15 – 17:30: €87,05/MWh
- 17:30 – 17:45: €95,20/MWh
- 17:45 – 18:00: €102,30/MWh
- 18:00 – 18:15: €93,58/MWh
- 18:15 – 18:30: €98,02/MWh
- 18:30 – 18:45: €102,30/MWh
- 18:45 – 19:00: €101,51/MWh
- 19:00 – 19:15: €105,96/MWh
- 19:15 – 19:30: €105,00/MWh
- 19:30 – 19:45: €102,18/MWh
- 19:45 – 20:00: €98,18/MWh
- 20:00 – 20:15: €95,00/MWh
- 20:15 – 20:30: €90,64/MWh
- 20:30 – 20:45: €90,88/MWh
- 20:45 – 21:00: €88,01/MWh
- 21:00 – 21:15: €98,70/MWh
- 21:15 – 21:30: €94,79/MWh
- 21:30 – 21:45: €90,20/MWh
- 21:45 – 22:00: €85,00/MWh
- 22:00 – 22:15: €95,42/MWh
- 22:15 – 22:30: €90,97/MWh
- 22:30 – 22:45: €90,01/MWh
- 22:45 – 23:00: €84,50/MWh
- 23:00 – 23:15: €88,00/MWh
- 23:15 – 23:30: €83,90/MWh
- 23:30 – 23:45: €81,40/MWh
- 23:45 – 00:00: €80,00/MWh
Why does the hourly rate change?
The PVPC amounts are dynamic and indexed For the wholesaler: hourly demand, adjusting services, tolls and charges, or capacity payments cause the final cost to fluctuate. On cold or very hot days, demand rises and electricity tends to become more expensive during peak hours.
Recent context and references
In the wholesale market, today's trading shows a variation of -1,78% compared to yesterday and remains below levels from a year ago. The November average in the OMIE is around € 56,24 / MWh, far from the €103,77/MWh of November of the previous year; on November 22, 2024, the following was recorded € 119,52 / MWh, well above the current benchmark.
In addition, it is common that weekends Prices are more favorable due to lower industrial activity. Even so, today's trend confirms that concentrating consumption in the section 11:00-15:00 And avoiding 18:00 PM - 22:00 PM is the best strategy for saving money.
The day brings a clear picture: OMIE average of €59,07/MWh with exceptional midday dips and an evening peak at 19:00-20:00 PM; in PVPC, € 108,35 / MWh On average, peak hours are at 14:00 PM and peak hours at 19:00 PM, so planning consumption during off-peak hours is key to paying less.