Monthly electricity market report · MIBEL

Iberian electricity market — April 2023

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

Average price

73.7 €

−17.8% vs March 2023

Average demand

23.0 GW

−11.9% vs March 2023

Renewables

55%

+2 pp YoY · CO₂-free 77%

Negative periods

0

YoY

Day-ahead market price

The day-ahead market averaged 73.7 €/MWh, −17.8% versus March 2023. In perspective it sits +31% against the 9-year April average (56.3 €/MWh): a somewhat expensive month. The year-on-year figure (−61.5% vs April 2022) 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 → 0 €/MWh · 166 €/MWh
0 €/MWh
166 €/MWh

Daily average price comparison

0135270
Day of month · €/MWh

Demand

Peninsular demand averaged 23.0 GW, −11.9% on March 2023 and −10.1% YoY, peaking at 30.2 GW.

01530
Hour · GW

Generation mix

On about 20.3 TWh scheduled (P48), renewables made up 55% and CO₂-free generation 77%.

Generation mix

Eólica23.9%
Eólica
Nuclear
Solar fotovoltaica
Ciclo combinado
Hidráulica
Cogeneración
Solar térmica
Turbinación bombeo
Wind
23.9% −14%
Nuclear
22.6% +3%
Solar PV
18.0% +47%
CCGT
11.4% −12%
Hydro
8.4% −6%
Cogeneration
7.9% −9%
Solar thermal
3.2% +50%
Pumped-storage
2.1% +58%
Other renewables
1.4% −36%
Coal
1.3% −64%
Fuel / gas
0.0%
Other
0.0%

Historical context

26
14
45
15
24
16
44
17
43
18
50
19
18
20
65
21
192
22
74
23
14
24
27
25
42
26

April · €/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 — April 2023 · ESIOS (Red Eléctrica) · OMIE

Subscribe to our newsletter

Get weekly insights on data, automation, and AI.

© 2026 Datons. All rights reserved.