Monthly electricity market report · MIBEL

Iberian electricity market — August 2021

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

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Average price

105.9 €

▲ +14.6% vs July 2021

Average demand

28.0 GW

▼ −4.1% vs July 2021

Renewables

45%

▲ +6 pp YoY · CO₂-free 70%

Negative periods

YoY

Day-ahead market price

The day-ahead market averaged 105.9 €/MWh, +14.6% versus July 2021. In perspective it sits +118.4% against the 7-year August average (48.5 €/MWh): a somewhat expensive month. The year-on-year figure (+192.7% vs August 2020) is distorted by an anomalous base.

Hourly month heatmap

Hour ↑ · Day of month → 1 €/MWh · 137 €/MWh

1 €/MWh

137 €/MWh

Daily average price comparison

Day of month · €/MWh

Demand

Peninsular demand averaged 28.0 GW, −4.1% on July 2021 and +0% YoY, peaking at 34.9 GW.

Hour · GW

Generation mix

On about 20.2 TWh scheduled (P48), renewables made up 45% and CO₂-free generation 70%.

Generation mix

Nuclear

Eólica

Ciclo combinado

Solar fotovoltaica

Cogeneración

Hidráulica

Solar térmica

Otras renovables

Nuclear

25.6% +0%

Wind

18.1% +5%

CCGT

16.6% −35%

Solar PV

11.7% +34%

Cogeneration

10.7% −3%

Hydro

9.4% −2%

Solar thermal

3.6% −8%

Other renewables

2.1% +11%

Coal

1.6% −6%

Pumped-storage

0.8% +5%

Fuel / gas

0.0%

Other

0.0%

Historical context

106

155

August · €/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.