Monthly electricity market report · MIBEL

Iberian electricity market — August 2022

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

Average price

154.9 €

+8.6% vs July 2022

Average demand

27.6 GW

−6.9% vs July 2022

Renewables

38%

−7 pp YoY · CO₂-free 60%

Negative periods

0

YoY

Day-ahead market price

The day-ahead market averaged 154.9 €/MWh, +8.6% versus July 2022. In perspective it sits +178.1% against the 8-year August average (55.7 €/MWh): a somewhat expensive month. The year-on-year figure (+46.2% vs August 2021) 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 → 25 €/MWh · 253 €/MWh
25 €/MWh
253 €/MWh

Daily average price comparison

0105210
Day of month · €/MWh

Demand

Peninsular demand averaged 27.6 GW, −6.9% on July 2022 and −1.5% YoY, peaking at 36.4 GW.

02040
Hour · GW

Generation mix

On about 23.8 TWh scheduled (P48), renewables made up 38% and CO₂-free generation 60%.

Generation mix

Ciclo combinado32.1%
Ciclo combinado
Nuclear
Eólica
Solar fotovoltaica
Hidráulica
Carbón
Cogeneración
Solar térmica
CCGT
32.1% +129%
Nuclear
21.5% −1%
Wind
16.2% +6%
Solar PV
13.4% +35%
Hydro
4.4% −45%
Coal
3.4% +150%
Cogeneration
3.3% −63%
Solar thermal
2.8% −8%
Other renewables
1.6% −8%
Pumped-storage
1.2% +76%
Fuel / gas
0.0%
Other
0.0%

Historical context

50
14
56
15
41
16
47
17
64
18
45
19
36
20
106
21
155
22
96
23
91
24
68
25

August · €/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 — August 2022 · ESIOS (Red Eléctrica) · OMIE

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