Weekly Spanish
Energy Market Update

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Week Ending 4 April 2021

Prices

Day-Ahead prices were €45.77/MWh, from €56.02/MWh last week. Price peaked at €76.73/MWh at 20:00 on Tuesday.

System Price Positive was €39.01/MWh, whilst System Price Negative was €51.35/MWh.

Generation and Demand

A total of 4.15TWh, with average hourly demand of 24.69GW, and a 31.85GW peak.

Wind (7.80GW), nuclear (6.09GW) and Cogen & Waste (3.26GW) were the largest contributors. Interconnectors (0.92GW) were net exporters.

Total Generation by Fuel Type (GWh)

Wind: 1309.79 GWh
Nuclear: 1022.31 GWh
Cogen & Waste: 547.19 GWh
Coal: 547.19 GWh
Hydro: 488.68 GWh
Solar PV: 389.01 GWh
Gas: 376.55 GWh
Other RES: 92.38 GWh
Solar TH: 47.22 GWh
Interc: -154.23 GWh

Interconnectors’ flows

Net volume with France was: 54 GWh. Total of energy exported was 137 GWh, whilst volume imported was 191 GWh.

Net volume with Portugal was: -208 GWh. Total of energy exported was 243 GWh, whilst volume imported was 35 GWh.

Overall, net volume was: -154 GWh. Largest hourly import was 2.62GW, on Thursday 1st April. Largest hourly export was 5.09GW, on Monday 29th March.

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Meet the Team

We have a dedicated team to cover the Iberian Market, MIBEL. Please contact them if you would like to get more insight about the Spanish market.


Enmanuel Morales Heredia
Energy Analyst
enmanuel.morales@enappsys.com
Milton Ceron
Milton Cerón
Energy Analyst
milton.ceron@enappsys.com
 

Week Ending 28 March 2021

Prices

Day-Ahead prices were €56.02/MWh, from €30.62/MWh last week. Price peaked at €85.43/MWh at 19:00 on Thursday.

System Price Negative was €62.32/MWh, whilst System Price Positive was €50.33/MWh.

Generation and Demand

A total of 4.67TWh, with average hourly demand of 27.82GW, and a 34.63GW peak.

Nuclear (6.09GW), hydro (4.90GW) and wind (4.55GW) were the largest contributors. Interconnectors (1.52GW) were net importers.

Total Generation by Fuel Type (GWh)

Nuclear: 1023.81 GWh
Hydro: 823.96 GWh
Wind: 764.59 GWh
Cogen & Waste: 591.82 GWh
Gas: 516.48 GWh
Solar PV: 464.24 GWh
Interc: 255.51 GWh
Solar TH: 108.41 GWh
Other RES: 79.92 GWh
Coal: 70.21 GWh

Interconnectors’ flows

Net volume with France was: 249GWh. Total of energy exported was 61 GWh, whilst volume imported was 310 GWh.

Net volume with Portugal was: 7GWh. Total of energy exported was 104GWh, whilst volume imported was 110GWh.

Overall, net volume was: 256GWh. Largest hourly import was 5.55GW, on Thursday 25th March. Largest hourly export was 4.81GW, on Monday 22th March.