Monthly electricity market report · MIBEL
Iberian electricity market — February 2023
Day-ahead price, demand and generation mix · ESIOS and OMIE data
Average price
133.5 €
▲ +91.9% vs January 2023
Average demand
28.8 GW
▲ +2.5% vs January 2023
Renewables
48%
▲ +7 pp YoY · CO₂-free 70%
Negative periods
0
YoY
Day-ahead market price
The day-ahead market averaged 133.5 €/MWh, +91.9% versus January 2023. In perspective it sits +134.6% against the 9-year February average (56.9 €/MWh): a somewhat expensive month. The year-on-year figure (−33.3% vs February 2022) is distorted by an anomalous base.
Hourly month heatmap
Daily average price comparison
Demand
Peninsular demand averaged 28.8 GW, +2.5% on January 2023 and +1.1% YoY, peaking at 38.0 GW.
Generation mix
On about 20.8 TWh scheduled (P48), renewables made up 48% and CO₂-free generation 70%.
Generation mix
Historical context
February · €/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 — February 2023 · ESIOS (Red Eléctrica) · OMIE