Monthly electricity market report · MIBEL
Iberian electricity market — November 2021
Day-ahead price, demand and generation mix · ESIOS and OMIE data
Average price
193.4 €
▼ −3.2% vs October 2021
Average demand
28.3 GW
▲ +10.4% vs October 2021
Renewables
44%
▲ +1 pp YoY · CO₂-free 60%
Negative periods
0
YoY
Day-ahead market price
The day-ahead market averaged 193.4 €/MWh, −3.2% versus October 2021. In perspective it sits +277.1% against the 7-year November average (51.3 €/MWh): a somewhat expensive month. The year-on-year figure (+361.2% vs November 2020) is distorted by an anomalous base.
Hourly month heatmap
Daily average price comparison
Demand
Peninsular demand averaged 28.3 GW, +10.4% on October 2021 and +3.2% YoY, peaking at 36.5 GW.
Generation mix
On about 21.8 TWh scheduled (P48), renewables made up 44% and CO₂-free generation 60%.
Generation mix
Historical context
November · €/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 — November 2021 · ESIOS (Red Eléctrica) · OMIE