Monthly electricity market report · MIBEL

Iberian electricity market — October 2022

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

Average price

127.2 €

−9.8% vs September 2022

Average demand

24.5 GW

−7.3% vs September 2022

Renewables

40%

−1 pp YoY · CO₂-free 60%

Negative periods

0

YoY

Day-ahead market price

The day-ahead market averaged 127.2 €/MWh, −9.8% versus September 2022. In perspective it sits +80.7% against the 8-year October average (70.4 €/MWh): a somewhat expensive month. The year-on-year figure (−36.4% vs October 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 → 4 €/MWh · 280 €/MWh
4 €/MWh
280 €/MWh

Daily average price comparison

0145290
Day of month · €/MWh

Demand

Peninsular demand averaged 24.5 GW, −7.3% on September 2022 and −4.4% YoY, peaking at 31.3 GW.

01530
Hour · GW

Generation mix

On about 20.9 TWh scheduled (P48), renewables made up 40% and CO₂-free generation 60%.

Generation mix

Ciclo combinado31.5%
Ciclo combinado
Eólica
Nuclear
Solar fotovoltaica
Cogeneración
Hidráulica
CCGT
31.5% +72%
Wind
24.0% +16%
Nuclear
19.3% −15%
Solar PV
9.9% +18%
Cogeneration
5.4% −48%
Hydro
3.7% −23%
Coal
1.9% −27%
Other renewables
1.8% −15%
Pumped-storage
1.7% +67%
Solar thermal
0.9% −46%
Fuel / gas
0.0%
Other
0.0%

Historical context

55
14
50
15
53
16
57
17
65
18
47
19
37
20
200
21
127
22
90
23
69
24
76
25

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

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