Monthly electricity market report · MIBEL

Iberian electricity market — June 2022

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

Average price

169.6 €

−9.4% vs May 2022

Average demand

27.8 GW

+8% vs May 2022

Renewables

41%

−7 pp YoY · CO₂-free 61%

Negative periods

0

YoY

Day-ahead market price

The day-ahead market averaged 169.6 €/MWh, −9.4% versus May 2022. In perspective it sits +227.5% against the 8-year June average (51.8 €/MWh): a somewhat expensive month. The year-on-year figure (+103.6% vs June 2021) 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 → 50 €/MWh · 263 €/MWh
50 €/MWh
263 €/MWh

Daily average price comparison

0110220
Day of month · €/MWh

Demand

Peninsular demand averaged 27.8 GW, +8% on May 2022 and +1.4% YoY, peaking at 37.8 GW.

02040
Hour · GW

Generation mix

On about 21.9 TWh scheduled (P48), renewables made up 41% and CO₂-free generation 61%.

Generation mix

Ciclo combinado27.2%
Ciclo combinado
Nuclear
Eólica
Solar fotovoltaica
Cogeneración
Hidráulica
Carbón
Solar térmica
CCGT
27.2% +85%
Nuclear
20.4% +21%
Wind
16.4% +1%
Solar PV
14.3% +39%
Cogeneration
6.9% −32%
Hydro
5.4% −45%
Coal
3.7% +88%
Solar thermal
2.7% −13%
Other renewables
1.9% +17%
Pumped-storage
1.1% +117%
Fuel / gas
0.0%
Other
0.0%

Historical context

51
14
55
15
39
16
50
17
58
18
47
19
31
20
83
21
170
22
93
23
56
24
73
25
62
26

June · €/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 — June 2022 · ESIOS (Red Eléctrica) · OMIE

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