Monthly electricity market report · MIBEL

Iberian electricity market — July 2022

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

Average price

142.7 €

−15.9% vs June 2022

Average demand

29.6 GW

+6.7% vs June 2022

Renewables

39%

−9 pp YoY · CO₂-free 60%

Negative periods

0

YoY

Day-ahead market price

The day-ahead market averaged 142.7 €/MWh, −15.9% versus June 2022. In perspective it sits +160.8% against the 8-year July average (54.7 €/MWh): a somewhat expensive month. The year-on-year figure (+54.4% vs July 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 → 69 €/MWh · 221 €/MWh
69 €/MWh
221 €/MWh

Daily average price comparison

0110220
Day of month · €/MWh

Demand

Peninsular demand averaged 29.6 GW, +6.7% on June 2022 and +1.3% YoY, peaking at 38.2 GW.

02040
Hour · GW

Generation mix

On about 25.0 TWh scheduled (P48), renewables made up 39% and CO₂-free generation 60%.

Generation mix

Ciclo combinado32.0%
Ciclo combinado
Nuclear
Eólica
Solar fotovoltaica
Hidráulica
Cogeneración
Carbón
Solar térmica
CCGT
32.0% +161%
Nuclear
20.3% −1%
Wind
17.4% +5%
Solar PV
13.3% +31%
Hydro
4.3% −52%
Cogeneration
4.3% −53%
Coal
3.3% +169%
Solar thermal
2.8% −21%
Other renewables
1.7% +18%
Pumped-storage
0.6% +45%
Fuel / gas
0.0%
Other
0.0%

Historical context

48
14
60
15
41
16
49
17
62
18
51
19
35
20
92
21
143
22
90
23
72
24
70
25

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

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