He average price of electricity on Sunday, December 29, 2024, will be 136.15 euros per megawatt hour (€/MWh). In this way, and according to data published by the Iberian Energy Market Operator (OMIE), electricity increases slightly by 2.27%, about 3.02 euros, if we compare it with the price of electricity recorded this Saturday , set at 133.13 euros/MWh.
It is also more expensive than a year ago, since on December 29, 2023, the average price of the pool was 103.50 euros/MWh, which represents an increase of 31.48%, that is, 32.65 euros further. In this way, a few days before the end of 2024, electricity continues its upward trend, which we will notice especially in the most expensive hours, which will occur at the end of the day.
When is electricity cheaper this Sunday?
The cheapest hour of electricity will be registered at noon, between 1:00 p.m. and 2:00 p.m.with a price of 108.88 euros/MWh. Within daytime hours, the most economical slots will be concentrated between 10:00 and 17:00, with an average price of 116.40 euros/MWh.
When is electricity most expensive?
The most expensive hour of electricity will be recorded at night, between 8:00 p.m. and 9:00 p.m.with an average price of 162 euros/MWh. Likewise, it is advisable to avoid the afternoon hours, between 6:00 p.m. and 10:00 p.m., which will have an average price of 155.35 euros/MWh.
Hourly electricity price, December 29, 2024
As electricity rises and higher-priced hours become even more expensive, consumers will need to keep an eye on hourly pricing. During the day on Sunday, the cheapest hours, as usual, will be concentrated in the central hours of the day. These will be the most recommended to take advantage of, as detailed in the following list:
- From 00:00 to 01:00: 146.28 euros/MWh
- From 01:00 to 02:00: 142.77 euros/MWh
- From 02:00 to 03:00: 140.08 euros/MWh
- From 03:00 to 04:00: 138.3 euros/MWh
- From 04:00 to 05:00: 137.26 euros/MWh
- From 05:00 to 06:00: 137.26 euros/MWh
- From 06:00 to 07:00: 134.11 euros/MWh
- From 07:00 to 08:00: 138.3 euros/MWh
- From 08:00 to 09:00: 141.66 euros/MWh
- From 09:00 to 10:00: 138.3 euros/MWh
- From 10:00 to 11:00: 115.88 euros/MWh
- From 11:00 to 12:00: 109.94 euros/MWh
- From 12:00 to 13:00: 109.4 euros/MWh
- From 1:00 p.m. to 2:00 p.m.: 108.88 euros/MWh
- From 2:00 p.m. to 3:00 p.m.: 109.81 euros/MWh
- From 3:00 p.m. to 4:00 p.m.: 113.87 euros/MWh
- From 16:00 to 17:00: 125.13 euros/MWh
- From 17:00 to 18:00: 145.18 euros/MWh
- From 18:00 to 19:00: 152.78 euros/MWh
- From 19:00 to 20:00: 158.67 euros/MWh
- From 20:00 to 21:00: 162.0 euros/MWh
- From 9:00 p.m. to 10:00 p.m.: 161.94 euros/MWh
- From 22:00 to 23:00: 151.54 euros/MWh
- From 23:00 to 24:00: 148.19 euros/MWh