Monthly electricity market report · MIBEL

Iberian electricity market — September 2022

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

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Average price

141.1 €

▼ −8.9% vs August 2022

Average demand

26.5 GW

▼ −4.1% vs August 2022

Renewables

39%

▲ +1 pp YoY · CO₂-free 60%

Negative periods

YoY

Day-ahead market price

The day-ahead market averaged 141.1 €/MWh, −8.9% versus August 2022. In perspective it sits +119.1% against the 8-year September average (64.4 €/MWh): a somewhat expensive month. The year-on-year figure (−9.7% vs September 2021) is distorted by an anomalous base.

Hourly month heatmap

Hour ↑ · Day of month → 1 €/MWh · 300 €/MWh

1 €/MWh

300 €/MWh

Daily average price comparison

Day of month · €/MWh

Demand

Peninsular demand averaged 26.5 GW, −4.1% on August 2022 and −3.6% YoY, peaking at 34.2 GW.

Hour · GW

Generation mix

On about 22.4 TWh scheduled (P48), renewables made up 39% and CO₂-free generation 60%.

Generation mix

Ciclo combinado

Nuclear

Eólica

Solar fotovoltaica

Hidráulica

Cogeneración

Carbón

CCGT

32.3% +68%

Nuclear

21.6% −1%

Wind

18.1% +27%

Solar PV

11.7% +41%

Hydro

5.3% −15%

Cogeneration

3.4% −65%

Coal

2.9% +32%

Solar thermal

2.0% −2%

Other renewables

1.6% −12%

Pumped-storage

1.2% +149%

Fuel / gas

0.0%

Other

0.0%

Historical context

156

141

103

September · €/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.