Monthly electricity market report · MIBEL

Iberian electricity market — June 2023

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

Average price

93.0 €

+25.3% vs May 2023

Average demand

25.9 GW

+10.7% vs May 2023

Renewables

48%

+7 pp YoY · CO₂-free 68%

Negative periods

0

YoY

Day-ahead market price

The day-ahead market averaged 93.0 €/MWh, +25.3% versus May 2023. In perspective it sits +43.3% against the 9-year June average (64.9 €/MWh): a somewhat expensive month. The year-on-year figure (−45.2% vs June 2022) 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 · 156 €/MWh
0 €/MWh
156 €/MWh

Daily average price comparison

0110220
Day of month · €/MWh

Demand

Peninsular demand averaged 25.9 GW, +10.7% on May 2023 and −6.6% YoY, peaking at 34.6 GW.

02040
Hour · GW

Generation mix

On about 20.2 TWh scheduled (P48), renewables made up 48% and CO₂-free generation 68%.

Generation mix

Ciclo combinado20.1%
Ciclo combinado
Nuclear
Solar fotovoltaica
Eólica
Hidráulica
Cogeneración
Solar térmica
CCGT
20.1% −32%
Nuclear
20.0% −10%
Solar PV
19.1% +23%
Wind
15.3% −14%
Hydro
9.3% +58%
Cogeneration
8.8% +18%
Solar thermal
2.9% −2%
Other renewables
1.6% −22%
Coal
1.5% −63%
Pumped-storage
1.3% +17%
Fuel / gas
0.0%
Other
0.0%

Historical context

51
14
55
15
39
16
50
17
58
18
47
19
31
20
83
21
170
22
93
23
56
24
73
25
61
26

June · €/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 — June 2023 · ESIOS (Red Eléctrica) · OMIE

Subscribe to our newsletter

Get weekly insights on data, automation, and AI.

© 2026 Datons. All rights reserved.