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Spain’s Power Prices Rebound Monday With Free Midday Hours and Near-€100 Peaks

Reporters tie the rebound to tensions in Iran alongside a recent cut to electricity VAT.

Overview

  • Spain’s hourly power market swings Monday, with eight free or negative hours around midday and peaks near €100/MWh in the morning and at night.
  • Following Sunday’s €35.30/MWh average, Monday’s mean reaches €46.99/MWh, about a 25% rise, according to Las Provincias.
  • Hoy reports a different daily gauge at €0.1308 per kWh for Monday, reflecting an alternate metric and unit for the same day.
  • The cheapest slot arrives from 14:00 to 15:00 at €0.05909/kWh, so households can save by running appliances in that window and steering clear of the evening spike.
  • Negative prices occur when power supply, often from renewables, exceeds demand on the grid, which can make midday hours exceptionally cheap.