Monthly electricity market report · MIBEL
Iberian electricity market — August 2023
Day-ahead price, demand and generation mix · ESIOS and OMIE data
Average price
96.0 €
▲ +6.2% vs July 2023
Average demand
27.2 GW
▼ −4.8% vs July 2023
Renewables
48%
▲ +10 pp YoY · CO₂-free 71%
Negative periods
0
YoY
Day-ahead market price
The day-ahead market averaged 96.0 €/MWh, +6.2% versus July 2023. In perspective it sits +44% against the 9-year August average (66.7 €/MWh): a somewhat expensive month. The year-on-year figure (−38% vs August 2022) is distorted by an anomalous base.
Hourly month heatmap
Daily average price comparison
Demand
Peninsular demand averaged 27.2 GW, −4.8% on July 2023 and −1.5% YoY, peaking at 35.7 GW.
Generation mix
On about 22.2 TWh scheduled (P48), renewables made up 48% and CO₂-free generation 71%.
Generation mix
Historical context
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 2023 · ESIOS (Red Eléctrica) · OMIE