[CLSTR]
< Back to all clusters
[BUSINESS] · Spain · 11 sources

started · updated

Part of situation: Spain energy price volatility and winter supply concerns (103 clusters)

Spain electricity wholesale prices set to hit 2026 annual high

electricity prices wholesale market renewable energy energy crisis OMIE

Wholesale electricity prices in Spain are set to reach a 2026 annual high on Monday, October 19, with the average price climbing to 215.11 €/MWh. This represents a 182% increase compared to Sunday's average of 76.28 €/MWh.

According to data from the Iberian Energy Market Operator (OMIE), prices are expected to peak at approximately 299 €/MWh around 21:00, while the lowest rates will occur during the afternoon. The surge is attributed to several factors, including reduced photovoltaic generation due to cloudiness and storms from the Adam weather system, as well as rising international gas prices linked to conflicts in the Middle East.

While these wholesale spikes serve as a reference for regulated tariffs (PVPC), the direct impact on consumers depends on their specific electricity contracts. The current volatility follows a trend where renewable energy output has previously helped stabilize costs, but recent weather patterns have forced a reliance on more expensive fossil fuel sources.

Entities

Iberian Energy Market Operator · OMIE · Spain

Sources

renováveis magazine [www.renovaveismagazine.pt]
El precio de la luz se desploma al mediodía este domingo, pero se dispara hasta los 182 euros por la noche [www.zamoranews.com]
PRECIO LUZ: comienza el tormento de los usuarios [cronicaeconomica.com]
El precio de la luz del martes 20 de octubre baja esta vez pero 17 horas estarán por encima de los 200 euros [www.noticiastrabajo.es]
El preu de la llum marca màxims anuals: les franges més barates i les més cares de la llum [www.catalunyapress.cat]
Preu de la llum d'avui, dilluns 19 d'octubre, per hores: quan és més barat engegar la rentadora? [www.elnacional.cat]
Spain electricity prices surge 182% [euroweeklynews.com]
La demanda de gas industrial se desploma un 9,4% en septiembre con el MWh a 85 euros [www.merca2.es]
Precio de la luz hoy lunes 19 de octubre por franjas y tramos: ¿Cuándo es más barata? [www.mundodeportivo.com]
La luz marcará el lunes su máximo anual en el mercado mayorista [www.expansion.com]
La luz en el mercado mayorista marcará el lunes su máximo anual al alcanzar 215 euros/MWh [www.lavanguardia.com]