Monthly electricity market report · MIBEL

Iberian electricity market — July 2021

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

Average price

92.4 €

+10.9% vs June 2021

Average demand

29.2 GW

+6.7% vs June 2021

Renewables

48%

+9 pp YoY · CO₂-free 72%

Negative periods

0

YoY

Day-ahead market price

The day-ahead market averaged 92.4 €/MWh, +10.9% versus June 2021. In perspective it sits +87.5% against the 7-year July average (49.3 €/MWh): a somewhat expensive month. The year-on-year figure (+166.8% vs July 2020) 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 → 3 €/MWh · 111 €/MWh
3 €/MWh
111 €/MWh

Daily average price comparison

055110
Day of month · €/MWh

Demand

Peninsular demand averaged 29.2 GW, +6.7% on June 2021 and −1.4% YoY, peaking at 37.3 GW.

02040
Hour · GW

Generation mix

On about 21.0 TWh scheduled (P48), renewables made up 48% and CO₂-free generation 72%.

Generation mix

Nuclear24.3%
Nuclear
Eólica
Ciclo combinado
Solar fotovoltaica
Cogeneración
Hidráulica
Solar térmica
Nuclear
24.3% −1%
Wind
19.6% +4%
CCGT
14.6% −49%
Solar PV
12.0% +39%
Cogeneration
11.0% −2%
Hydro
10.6% +21%
Solar thermal
4.2% +5%
Other renewables
1.7% +0%
Coal
1.5% −1%
Pumped-storage
0.5% −29%
Fuel / gas
0.0%
Other
0.0%

Historical context

48
14
60
15
41
16
49
17
62
18
51
19
35
20
92
21
143
22
90
23
72
24
70
25

July · €/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 — July 2021 · ESIOS (Red Eléctrica) · OMIE

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