Monthly electricity market report · MIBEL
Iberian electricity market — March 2022
Day-ahead price, demand and generation mix · ESIOS and OMIE data
Average price
283.4 €
▲ +41.5% vs February 2022
Average demand
27.3 GW
▼ −4% vs February 2022
Renewables
48%
▼ −8 pp YoY · CO₂-free 70%
Negative periods
0
YoY
Day-ahead market price
The day-ahead market averaged 283.4 €/MWh, +41.5% versus February 2022. In perspective it sits +647.7% against the 8-year March average (37.9 €/MWh): a somewhat expensive month. The year-on-year figure (+523.5% vs March 2021) is distorted by an anomalous base.
Hourly month heatmap
Daily average price comparison
Demand
Peninsular demand averaged 27.3 GW, −4% on February 2022 and −2.6% YoY, peaking at 34.4 GW.
Generation mix
On about 21.6 TWh scheduled (P48), renewables made up 48% and CO₂-free generation 70%.
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 2022 · ESIOS (Red Eléctrica) · OMIE