Monthly electricity market report · MIBEL

Iberian electricity market — October 2020

Day-ahead price, demand and generation mix · ESIOS and OMIE data

Average price

36.6 €

−12.9% vs September 2020

Average demand

26.4 GW

−2.4% vs September 2020

Renewables

49%

+17 pp YoY · CO₂-free 71%

Negative periods

0

YoY

Day-ahead market price

The day-ahead market averaged 36.6 €/MWh, −12.9% versus September 2020. In perspective it sits −32.9% against the 6-year October average (54.5 €/MWh): a somewhat cheap month. The year-on-year figure (−22.5% vs October 2019) is distorted by an anomalous base.

Hourly month heatmap

1
5
9
13
17
21
25
29
00
02
04
06
08
10
12
14
16
18
20
22
Hour ↑ · Day of month → 2 €/MWh · 59 €/MWh
2 €/MWh
59 €/MWh

Daily average price comparison

03060
Day of month · €/MWh

Demand

Peninsular demand averaged 26.4 GW, −2.4% on September 2020 and −2.7% YoY, peaking at 33.3 GW.

02040
Hour · GW

Generation mix

On about 19.8 TWh scheduled (P48), renewables made up 49% and CO₂-free generation 71%.

Generation mix

Eólica28.6%
Eólica
Nuclear
Ciclo combinado
Cogeneración
Hidráulica
Solar fotovoltaica
Otras renovables
Wind
28.6% +51%
Nuclear
22.9% +0%
CCGT
14.1% −51%
Cogeneration
12.0% −4%
Hydro
9.5% +73%
Solar PV
6.5% +64%
Other renewables
2.2% +35%
Solar thermal
1.8% +11%
Coal
1.2% −64%
Pumped-storage
1.1% +87%
Other
0.0%
Fuel / gas
0.0%

Historical context

55
14
50
15
53
16
57
17
65
18
47
19
37
20
200
21
127
22
90
23
69
24
76
25

October · €/MWh

Methodology

Price: ESIOS indicator 600 (Spain). Demand: ESIOS indicator 1293 (peninsular). Mix: P48 schedule by technology (REE/ESIOS), best estimate at month close — metered generation is published later; the check against the most recent metered month shows differences below 1%. Peninsular scope, full calendar month.

© datons · Iberian electricity market — October 2020 · ESIOS (Red Eléctrica) · OMIE

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