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Weekly Spanish Energy Market Update

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Week Ending 23 January 2022

Prices

Average Day-Ahead price was €206.01/MWh, from €213.78/MWh last week. Price peaked at €285.68/MWh on Monday 17th January at 19:00.

Average System Price Positive was €200.66/MWh, whilst average System Price Negative was €215.69/MWh.

Generation and Demand

Total demand was 5173GWh, with an average hourly demand of 30.79GW, and a 37.74GW peak.

Gas (9.40 GW), nuclear (7.10 GW) and wind (5.99 GW) were the largest contributors. Interconnectors had a net export of 2.15 GW on average this week.

Total Generation by Fuel Type

Gas: 1579.8GWh
Nuclear: 1193.1GWh
Wind: 1005.9GWh
Cogen & Waste: 526.8GWh
Hydro: 492.7GWh
Solar PV: 378.4GWh
Coal: 188.3GWh
Other RES: 94.8GWh
Solar TH: 51.4GWh
Interc: -360.8GWh

Interconnectors’ flows

Net physical flow with France was: -192GWh. Total of energy exported was 241GWh, whilst energy imported was 49GWh.

Net physical flow with Portugal was: -169GWh. Total of energy exported was 193GWh, whilst energy imported was 24GWh.

Overall, net physical flow was: -361GWh. Largest hourly import was 1.83GW, on Saturday 22th January at 21:00. Largest hourly export was 5.5GW, on Wednesday 19th January at 15:00.

 

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 16 January 2022

Prices

Average Day-Ahead price was €213.78/MWh, from €176.34/MWh last week. Price peaked at €294.98/MWh on Monday 10th January at 19:00.

Average System Price Positive was €200.19/MWh, whilst average System Price Negative was €232.83/MWh.

Generation and Demand

Total demand was 4989GWh, with an average hourly demand of 29.7GW, and a 36.41GW peak.

Gas (7.68 GW), nuclear (6.96 GW) and wind (6.77 GW) were the largest contributors. Interconnectors had a net export of 1.99 GW on average this week.

Total Generation by Fuel Type

Gas: 1289.5GWh
Nuclear: 1170.1GWh
Wind: 1136.9GWh
Cogen & Waste: 528.3GWh
Hydro: 525.7GWh
Solar PV: 336.7GWh
Coal: 162.8GWh
Other RES: 103.3GWh
Solar TH: 40.1GWh
Interc: -334.7GWh

Interconnectors’ flows

Net physical flow with France was: -226GWh. Total of energy exported was 267GWh, whilst energy imported was 41GWh.

Net physical flow with Portugal was: -109GWh. Total of energy exported was 160GWh, whilst energy imported was 51GWh.

Overall, net physical flow was: -335GWh. Largest hourly import was 3.2GW, on Saturday 15th January at 21:00. Largest hourly export was 5.81GW, on Monday 10th January at 15:00.

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