The price of electricity marks another new record: breaks the barrier of 152 euros / MWh

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Unprecedented madness in electricity prices in Spain. If all the alarms went off in the month of August, September is being totally crazy. He has already taken the podium of the most expensive month in history. The price for tomorrow, Friday, September 3, stands at 152.32 euros / MWh, breaking a hitherto never seen ceiling.

It thus sprays the 141,71 €/MWh yesterday, September 8, and the 140.23 euros / MWh September 1.

In this way, tomorrow will not only be the most expensive Friday since there are records, but it will be the most expensive day in history, having surpassed the previous record, reached this Thursday (141.71 euros).

The price of this Friday will multiply by more than three the cost of the same day last year, when a daily average price of 45.1 euros per MWh was registered.

The price will be at all times above 145 euros / MWh, marking its daily maximum from 9 a.m. to 10 a.m. with 159.31 euros / MWh, also an hourly record. The minimum will occur between 5:00 p.m. and 6:00 p.m., which will be 146.29 euros / MWh.

This confirms the predictions of the experts who saw in a short time how the price of electricity rose above 150 euros / MWh. In the eye of the hurricane is the gas, which continues its crazy and unstoppable career of historical records, already reaching 58 euros / MWh in the MIBGAS. And behind the European CO2 price, also runaway, rising almost every day and now already above 63 euros / Tn.

And the worst thing is that some experts assure that the price in the coming months could reach 200 euros / MWh.

An unprecedented escalation

Last week began with the price soaring almost 22%, registering a rise of 5% on Tuesday, 1.5% on Wednesday and 6% on Thursday. After this bullish rally, last Friday the price fell by 1.8%, to 137.7 euros, on Saturday another 2%, to 134.89 euros MWh, and on Sunday 4.59%, to 128, 70 euros MWh.

The situation changed last Monday, when the price rose by 3% compared to Sunday, to stand at 132.65 euros MWh, but again took a break on Tuesday, when it fell to 127.36 euros MWh. However, on Wednesday the upward path was resumed, with an average price rise of 6.5%, which continued this Thursday with a 4.4% rise and which will continue this Friday with a 7.5% rise, chaining thus three consecutive days of promotions.

Reference-www.elespanol.com

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