Overview

• OMIE projects the June 6 average at €71.54/MWh, a 20.2% increase from the previous day
• Thirteen hourly intervals will top €100/MWh while four slots are free and two cost under €1/MWh, highlighting extreme volatility
• Since 2024, PVPC’s calculation method blends hourly pool rates with medium and long-term futures to moderate sharp price swings
• Consumers can cut bills by running high-consumption appliances during zero-cost or sub-euro mid-day windows
• Hourly pricing mirrors Spain’s peak demand patterns, renewable energy injections and fluctuations in gas prices