Monthly electricity market report · MIBEL

Iberian electricity market — November 2020

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

Average price

41.9 €

+14.7% vs October 2020

Average demand

27.4 GW

+3.9% vs October 2020

Renewables

43%

−8 pp YoY · CO₂-free 67%

Negative periods

0

YoY

Day-ahead market price

The day-ahead market averaged 41.9 €/MWh, +14.7% versus October 2020. In perspective it sits −20.7% against the 6-year November average (52.9 €/MWh): a somewhat cheap month. The year-on-year figure (−0.6% vs November 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 → 8 €/MWh · 62 €/MWh
8 €/MWh
62 €/MWh

Daily average price comparison

03060
Day of month · €/MWh

Demand

Peninsular demand averaged 27.4 GW, +3.9% on October 2020 and −5.1% YoY, peaking at 35.5 GW.

02040
Hour · GW

Generation mix

On about 18.9 TWh scheduled (P48), renewables made up 43% and CO₂-free generation 67%.

Generation mix

Nuclear24.7%
Nuclear
Eólica
Ciclo combinado
Hidráulica
Cogeneración
Solar fotovoltaica
Otras renovables
Nuclear
24.7% +35%
Wind
22.3% −43%
CCGT
17.1% −18%
Hydro
13.1% −5%
Cogeneration
12.7% −3%
Solar PV
4.4% +62%
Other renewables
2.1% +28%
Coal
1.8% −39%
Pumped-storage
1.0% +23%
Solar thermal
0.7% +39%
Fuel / gas
0.0%
Other
0.0%

Historical context

47
14
51
15
56
16
59
17
62
18
42
19
42
20
193
21
116
22
63
23
104
24
59
25

November · €/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 — November 2020 · ESIOS (Red Eléctrica) · OMIE

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