Monthly electricity market report · MIBEL

Iberian electricity market — May 2022

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

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Average price

187.1 €

▼ −2.3% vs April 2022

Average demand

25.7 GW

▲ +0.6% vs April 2022

Renewables

52%

▲ +0 pp YoY · CO₂-free 72%

Negative periods

YoY

Day-ahead market price

The day-ahead market averaged 187.1 €/MWh, −2.3% versus April 2022. In perspective it sits +325.3% against the 8-year May average (44.0 €/MWh): a somewhat expensive month. The year-on-year figure (+178.8% vs May 2021) is distorted by an anomalous base.

Hourly month heatmap

Hour ↑ · Day of month → 1 €/MWh · 266 €/MWh

1 €/MWh

266 €/MWh

Daily average price comparison

Day of month · €/MWh

Demand

Peninsular demand averaged 25.7 GW, +0.6% on April 2022 and −0.9% YoY, peaking at 32.0 GW.

Hour · GW

Generation mix

On about 20.8 TWh scheduled (P48), renewables made up 52% and CO₂-free generation 72%.

Generation mix

Eólica

Nuclear

Solar fotovoltaica

Ciclo combinado

Hidráulica

Cogeneración

Solar térmica

Carbón

Wind

22.4% +0%

Nuclear

19.6% −7%

Solar PV

15.5% +40%

CCGT

15.0% +55%

Hydro

9.2% −9%

Cogeneration

9.2% −14%

Solar thermal

3.2% −5%

Coal

2.6% +59%

Other renewables

2.0% +3%

Pumped-storage

1.4% +16%

Fuel / gas

0.0%

Other

0.0%

Historical context

187

May · €/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.