He average price of electricity today, Thursday, January 9, 2025, is 87.40 euros per megawatt hour (€/MWh)according to data obtained by the Iberian Energy Market Operator (OMIE). This represents a drop of 11.66%, which is equivalent to a saving of 11.52 euros compared to the price recorded this Wednesday, which stood at 98.92 euros/MWh.
A year ago, on January 9, 2024, the price of electricity was 113.83 euros/MWh, which marks, for the first time in weeks, a lower current cost than a year ago. This decrease represents a variation of 23.21%, which, in economic terms, means a reduction of 26.43 euros in consumers’ pockets.
When is electricity cheaper today, Thursday?
The cheapest hour It will be early morning, between 04:00 and 05:00 hourswhen electricity will have a price of 13.01 euros/MWh. In general, the cheapest hours will be concentrated during the early morning hours. During daylight hours, the cheapest time slot will be between 2:00 p.m. and 3:00 p.m., with a price of 79.05 euros/MWh.
When is electricity most expensive?
The most expensive hour will be recorded between 8:00 p.m. and 9:00 p.m.with a price of 141.27 euros/MWh. The next most expensive period will be between 6:00 p.m. and 7:00 p.m., where the price will reach 135.73 euros/MWh.
Price of electricity per hour, January 9
For this Thursday, the light goes down slightly, but where it will be most noticeable will be in the early morning hours, when the cheapest rates will be concentrated. Within daytime hours, the cheapest time will be at noon, between 2:00 p.m. and 3:00 p.m. On the contrary, it will be important to avoid the final periods of the day, since they will have the highest prices, as detailed in the following table with the price of electricity hour by hour:
- From 00:00 to 01:00: 60.38 euros/MWh
- From 01:00 to 02:00: 49.9 euros/MWh
- From 02:00 to 03:00: 40.52 euros/MWh
- From 03:00 to 04:00: 25.61 euros/MWh
- From 04:00 to 05:00: 13.01 euros/MWh
- From 05:00 to 06:00: 30.29 euros/MWh
- From 06:00 to 07:00: 60.08 euros/MWh
- From 07:00 to 08:00: 90.79 euros/MWh
- From 08:00 to 09:00: 100.99 euros/MWh
- From 09:00 to 10:00: 102.44 euros/MWh
- From 10:00 to 11:00: 97.45 euros/MWh
- From 11:00 to 12:00: 90.41 euros/MWh
- From 12:00 to 13:00: 88.34 euros/MWh
- From 1:00 p.m. to 2:00 p.m.: 79.9 euros/MWh
- From 2:00 p.m. to 3:00 p.m.: 79.05 euros/MWh
- From 3:00 p.m. to 4:00 p.m.: 85.09 euros/MWh
- From 16:00 to 17:00: 109.4 euros/MWh
- From 17:00 to 18:00: 131.62 euros/MWh
- From 18:00 to 19:00: 135.73 euros/MWh
- From 19:00 to 20:00: 135.01 euros/MWh
- From 20:00 to 21:00: 141.27 euros/MWh
- From 9:00 p.m. to 10:00 p.m.: 135.01 euros/MWh
- From 22:00 to 23:00: 114.38 euros/MWh
- From 23:00 to 24:00: 101.0 euros/MWh