Monthly electricity market report · MIBEL
Iberian electricity market — January 2023
Day-ahead price, demand and generation mix · ESIOS and OMIE data
Average price
69.5 €
▼ −28.3% vs December 2022
Average demand
28.1 GW
▲ +8.2% vs December 2022
Renewables
60%
▲ +18 pp YoY · CO₂-free 82%
Negative periods
0
YoY
Day-ahead market price
The day-ahead market averaged 69.5 €/MWh, −28.3% versus December 2022. In perspective it sits +2.9% against the 9-year January average (67.6 €/MWh): a broadly normal month. The year-on-year figure (−65.5% vs January 2022) is distorted by an anomalous base.
Hourly month heatmap
Daily average price comparison
Demand
Peninsular demand averaged 28.1 GW, +8.2% on December 2022 and −2.9% YoY, peaking at 39.0 GW.
Generation mix
On about 22.9 TWh scheduled (P48), renewables made up 60% and CO₂-free generation 82%.
Generation mix
Historical context
January · €/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 — January 2023 · ESIOS (Red Eléctrica) · OMIE