Monthly electricity market report · MIBEL

Iberian electricity market — May 2021

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

Average price

67.1 €

+3.2% vs April 2021

Average demand

25.9 GW

−1.4% vs April 2021

Renewables

52%

−3 pp YoY · CO₂-free 75%

Negative periods

0

YoY

Day-ahead market price

The day-ahead market averaged 67.1 €/MWh, +3.2% versus April 2021. In perspective it sits +64.9% against the 7-year May average (40.7 €/MWh): a somewhat expensive month. The year-on-year figure (+215.9% vs May 2020) 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 · 97 €/MWh
0 €/MWh
97 €/MWh

Daily average price comparison

04590
Day of month · €/MWh

Demand

Peninsular demand averaged 25.9 GW, −1.4% on April 2021 and +10.4% YoY, peaking at 31.6 GW.

01530
Hour · GW

Generation mix

On about 19.4 TWh scheduled (P48), renewables made up 52% and CO₂-free generation 75%.

Generation mix

Eólica24.1%
Eólica
Nuclear
Solar fotovoltaica
Cogeneración
Hidráulica
Ciclo combinado
Solar térmica
Otras renovables
Wind
24.1% +20%
Nuclear
22.6% +42%
Solar PV
11.9% +44%
Cogeneration
11.5% +6%
Hydro
10.9% −25%
CCGT
10.4% +1%
Solar thermal
3.6% +20%
Other renewables
2.0% −2%
Coal
1.7% +25%
Pumped-storage
1.2% +8%
Fuel / gas
0.0%
Other
0.0%

Historical context

42
14
45
15
26
16
47
17
55
18
48
19
21
20
67
21
187
22
74
23
30
24
17
25
54
26

May · €/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 — May 2021 · ESIOS (Red Eléctrica) · OMIE

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