Monthly electricity market report · MIBEL
Iberian electricity market — October 2023
Day-ahead price, demand and generation mix · ESIOS and OMIE data
Average price
90.0 €
▼ −12.9% vs September 2023
Average demand
24.8 GW
▼ −2.5% vs September 2023
Renewables
54%
▲ +14 pp YoY · CO₂-free 73%
Negative periods
0
YoY
Day-ahead market price
The day-ahead market averaged 90.0 €/MWh, −12.9% versus September 2023. In perspective it sits +17.4% against the 9-year October average (76.7 €/MWh): a somewhat expensive month. The year-on-year figure (−29.2% vs October 2022) is distorted by an anomalous base.
Hourly month heatmap
Daily average price comparison
Demand
Peninsular demand averaged 24.8 GW, −2.5% on September 2023 and +1.1% YoY, peaking at 32.2 GW.
Generation mix
On about 19.8 TWh scheduled (P48), renewables made up 54% and CO₂-free generation 73%.
Generation mix
Historical context
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 2023 · ESIOS (Red Eléctrica) · OMIE