Monthly electricity market report · MIBEL

Iberian electricity market — October 2021

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

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Average price

199.9 €

▲ +28% vs September 2021

Average demand

25.7 GW

▼ −6.5% vs September 2021

Renewables

41%

▼ −8 pp YoY · CO₂-free 65%

Negative periods

YoY

Day-ahead market price

The day-ahead market averaged 199.9 €/MWh, +28% versus September 2021. In perspective it sits +285.2% against the 7-year October average (51.9 €/MWh): a somewhat expensive month. The year-on-year figure (+446.8% vs October 2020) is distorted by an anomalous base.

Hourly month heatmap

Hour ↑ · Day of month → 15 €/MWh · 319 €/MWh

15 €/MWh

319 €/MWh

Daily average price comparison

Day of month · €/MWh

Demand

Peninsular demand averaged 25.7 GW, −6.5% on September 2021 and −2.9% YoY, peaking at 31.8 GW.

Hour · GW

Generation mix

On about 19.4 TWh scheduled (P48), renewables made up 41% and CO₂-free generation 65%.

Generation mix

Nuclear

Eólica

Ciclo combinado

Cogeneración

Solar fotovoltaica

Hidráulica

Carbón

Otras renovables

Nuclear

24.6% +5%

Wind

22.4% −23%

CCGT

19.7% +37%

Cogeneration

11.2% −9%

Solar PV

9.0% +36%

Hydro

5.1% −47%

Coal

2.8% +118%

Other renewables

2.3% +4%

Solar thermal

1.8% −2%

Pumped-storage

1.1% −4%

Fuel / gas

0.0%

Other

0.0%

Historical context

200

127

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.