He average price of electricity for today, Tuesday, December 31, 2024, has been set at 135.86 euros per megawatt hour (€/MWh)according to data published by the Iberian Energy Market Operator (OMIE). Thus, to end the year, electricity drops by 5.08 euros/MWh, 3.61% compared to the price registered this Monday, December 30, 2024, which is 140.94 euros/MWh.
Now, if we compare it with the price of electricity a year ago, it is now 352.11% more expensive, about 105.80 euros, since on December 31, 2023, the pool had an average price of 30.06 euros. In this way, we say goodbye to 2024 paying more expensive electricity, but it will be even more expensive in the last time slots and during New Year’s Eve dinner.
When is electricity cheaper today, Tuesday?
The cheapest hour electricity will be recorded at noon, between 2:00 p.m. and 3:00 p.m.with a price of 111.75 euros/MWh. In addition, the cheapest slots during daytime hours will be between 11:00 and 17:00with an average price of 116.07 euros/MWh.
When is electricity most expensive?
The most expensive hour of electricity will be at night, between 7:00 p.m. and 8:00 p.m.with an average price of 159.44 euros/MWh. It is also 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.
Price of electricity per hour, December 31
For this New Year’s Eve, electricity will be more expensive, and even more so during dinner and before grapes, which will make it a little more difficult to save. If you have to use the oven, hob or microwave to cook, it is best to do so during the middle of the day, as they will be cheaper. This list allows you to check the price of electricity hour by hour:
- From 00:00 to 01:00: 145.0 euros/MWh
- From 01:00 to 02:00: 139.03 euros/MWh
- From 02:00 to 03:00: 137.48 euros/MWh
- From 03:00 to 04:00: 134.66 euros/MWh
- From 04:00 to 05:00: 127.37 euros/MWh
- From 05:00 to 06:00: 131.15 euros/MWh
- From 06:00 to 07:00: 137.18 euros/MWh
- From 07:00 to 08:00: 142.98 euros/MWh
- From 08:00 to 09:00: 149.77 euros/MWh
- From 09:00 to 10:00: 145.0 euros/MWh
- From 10:00 to 11:00: 134.66 euros/MWh
- From 11:00 to 12:00: 114.16 euros/MWh
- From 12:00 to 13:00: 112.01 euros/MWh
- From 1:00 p.m. to 2:00 p.m.: 112.01 euros/MWh
- From 2:00 p.m. to 3:00 p.m.: 111.75 euros/MWh
- From 3:00 p.m. to 4:00 p.m.: 111.88 euros/MWh
- From 16:00 to 17:00: 124.37 euros/MWh
- From 17:00 to 18:00: 145.0 euros/MWh
- From 18:00 to 19:00: 155.01 euros/MWh
- From 19:00 to 20:00: 159.44 euros/MWh
- From 20:00 to 21:00: 156.1 euros/MWh
- From 9:00 p.m. to 10:00 p.m.: 150.85 euros/MWh
- From 22:00 to 23:00: 144.4 euros/MWh
- From 23:00 to 24:00: 139.37 euros/MWh