Weekly Spanish
Energy Market Update

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Week Ending 19 September 2021

Prices

Average Day-Ahead price was €162.97/MWh, from €140.66/MWh last week. Price peaked at €198.85/MWh on Thursday 16th September at 21:00.

Average System Price Positive was €146.17/MWh, whilst average System Price Negative was €171.46/MWh.

Generation and Demand

Total demand was 4599GWh, with an average hourly demand of 27.37GW, and a 33.34GW peak.

Gas (7.41 GW), Nuclear (6.88 GW) and Wind (3.76 GW) were the largest contributors. Interconnectors had a net import of .34 GW on average this week.

Total Generation by Fuel Type

Gas: 1245.2GWh
Nuclear: 1156GWh
Wind: 631GWh
Cogen & Waste: 511.9GWh
Solar PV: 393.2GWh
Hydro: 294.4GWh
Coal: 115GWh
Other RES: 95.5GWh
Solar TH: 82.6GWh
Interc: 56.6GWh

Interconnectors’ flows

Net physical flow with France was: 247GWh. Total of energy exported was 35GWh, whilst energy imported was 281GWh.

Net physical flow with Portugal was: -190GWh. Total of energy exported was 203GWh, whilst energy imported was 13GWh.

Overall, net physical flow was: 57GWh. Largest hourly import was 2.8GW, on Friday 17th September at 07:00. Largest hourly export was 3.82GW, on Saturday 18th September at 18:00.

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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 12 September 2021

Prices

Average Day-Ahead price was €140.66/MWh, from €132.71/MWh last week. Price peaked at €167.53/MWh on Sunday 12th September at 21:00.

Average System Price Positive was €133.6/MWh, whilst average System Price Negative was €148.12/MWh.

Generation and Demand

Total demand was 4795GWh, with an average hourly demand of 28.54GW, and a 34.78GW peak.

Gas (6.73 GW), Nuclear (6.48 GW) and Wind (4.38 GW) were the largest contributors. Interconnectors had a net import of 1.07 GW on average this week.

Total Generation by Fuel Type

Gas: 1129.9GWh
Nuclear: 1088.3GWh
Wind: 736GWh
Cogen & Waste: 507.7GWh
Solar PV: 458.4GWh
Hydro: 364.9GWh
Interc: 180.3GWh
Coal: 115.7GWh
Solar TH: 96GWh
Other RES: 92.9GWh

Interconnectors’ flows

Net physical flow with France was: 330GWh. Total of energy exported was 7GWh, whilst energy imported was 337GWh.

Net physical flow with Portugal was: -150GWh. Total of energy exported was 165GWh, whilst energy imported was 16GWh.

Overall, net physical flow was: 180GWh. Largest hourly import was 4GW, on Thursday 9th September at 21:00. Largest hourly export was 2.42GW, on Tuesday 7th September at 16:00.