Monthly electricity market report · MIBEL
Iberian electricity market — March 2021
Day-ahead price, demand and generation mix · ESIOS and OMIE data
Average price
45.5 €
▲ +59.5% vs February 2021
Average demand
28.1 GW
▼ −2.4% vs February 2021
Renewables
56%
▲ +4 pp YoY · CO₂-free 79%
Negative periods
0
YoY
Day-ahead market price
The day-ahead market averaged 45.5 €/MWh, +59.5% versus February 2021. In perspective it sits +23.5% against the 7-year March average (36.8 €/MWh): a somewhat expensive month. The year-on-year figure (+63.8% vs March 2020) is distorted by an anomalous base.
Hourly month heatmap
Daily average price comparison
Demand
Peninsular demand averaged 28.1 GW, −2.4% on February 2021 and +5.1% YoY, peaking at 35.5 GW.
Generation mix
On about 21.0 TWh scheduled (P48), renewables made up 56% and CO₂-free generation 79%.
Generation mix
Historical context
March · €/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 — March 2021 · ESIOS (Red Eléctrica) · OMIE