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Spain’s Day-Ahead Power Price Rises 9% for Monday, No Hours Below €100/MWh

The 2026 PVPC formula gives 55% weight to futures, reducing direct pass-through from spot prices to regulated bills.

Overview

  • OMIE sets the January 19 day-ahead average at €129.86/MWh, a 9.14% increase from the prior day.
  • The priciest slot is 18:00–19:00 at €183.15/MWh, with the cheapest at 04:00–05:00 at €100.14/MWh.
  • No hourly periods fall under €100/MWh, underscoring a clear evening peak and broader intraday volatility.
  • Under the revised PVPC, spot prices are only a partial determinant of regulated bills as futures now carry the majority weight.
  • Coverage highlights household tactics to limit costs, including shifting use to cheaper hours, avoiding standby, using LEDs, and moderating hot water.