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These will be the hours with the cheapest electricity this Sunday

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The price of electricity will give a little respite tomorrow, although minimal. For the first time in a long time, Spaniards will not have to get up early to save on the bill, as the cheapest section will be between 12 and 13 noon. On the contrary, the most expensive time will be between 9 p.m. and 10 p.m.

Peak and valley hours

  • The cheapest: from 12 to 13 at 0.14113 € / kWh
  • The most expensive: from 9 pm to 10 pm at € 0.26811 / kWh

In the wholesale market , which directly influences the regulated rate , the price will drop this Sunday, January 2, 2.73% compared to the price of this Saturday, so that it will reach 136.97 euros per megawatt / hour (MWh), according to data published by the Iberian Energy Market Operator (OMIE) collected by Europa Press.

With this decline, the wholesale market price chains three days of consecutive declines after the drop of almost 30% experienced this Friday.

By hourly sections, the minimum price of electricity for Sunday will be between 12 and 13 hours, with € 103.70 / MWh, while the maximum, of € 209.10 / MWh, will be recorded between 10 p.m. and 11 p.m.

The price of the light hour by hour

  • 00-01 0.18621 € / kWh
  • 01-02 0.16859 € / kWh
  • 02-03 0.16436 € / kWh
  • 03-04 0.1688 € / kWh
  • 04-05 0.17315 € / kWh
  • 05-06 0.16753 € / kWh
  • 06-07 0.17081 € / kWh
  • 07-08 0.18378 € / kWh
  • 08-09 0.16548 € / kWh
  • 09-10 0.16064 € / kWh
  • 10-11 0.15362 € / kWh
  • 11-12 0.14137 € / kWh
  • 12-13 0.14113 € / kWh
  • 13-14 0.14785 € / kWh
  • 14-15 0.15449 € / kWh
  • 15-16 0.14814 € / kWh
  • 16-17 0.15993 € / kWh
  • 17-18 0.21037 € / kWh
  • 18-19 0.25285 € / kWh
  • 19-20 0.25534 € / kWh
  • 20-21 0.26748 € / kWh
  • 21-22 0.26811 € / kWh
  • 22-23 0.2477 € / kWh
  • 23-00 € 0.23227 / kWh

The reasons for the increase

The rise in the electricity market in recent months is mainly explained by the high gas prices in the markets and of the carbon dioxide emission rights (CO2), at historical highs this year.

December began marked by great volatility, with falls in the average of some days until around € 100 / MWh and with certain rises that far exceeded the level of € 200 and € 300 / MWh.

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