Price report 217
Index. Price report 217 1. MIBEL: Energy, economic volume and technologies pag. 2 2. Daily Market pag. 7 3. Intraday Market pag. 12 4. Settlement of the Daily and Intraday Market pag. 17 5. International electricity exchanges pag. 2 6. Prices and energies of European Markets pag. 25
Price report 217 1. MIBEL: Energy, economic volume and technologies MIBEL: Energy, economic volume and technologies 1.1. Purchases on the MIBEL of energy traded on the Daily and Intraday Markets 1.2. Economic value of the purchases negotiated on the Daily and Intraday Markets 1.3. Energy values and contracting on the MIBEL 1.4. Energy traded on the Daily and Intraday Markets and final demand on the MIBEL 1.5. Energy and Demand coverage by technologies 3 3 4 4 5-6 2
Price report 217 1. MIBEL: Energy, economic volume and technologies 1.1. Purchases on the MIBEL of energy traded on the Daily and Intraday Markets The Spanish zone includes exports across the borders with France, Morocco and Andorra GWh 3, 25, 2, 15, 1, 5, Variation 217-216 4.3 % Year Spain 216 Spain 217 Portugal 216 Portugal 217 1.2. Economic value of the purchases negotiated on the Daily and Intraday Markets The Spanish zone includes exports across the borders with France, Morocco and Andorra M 2, 1,8 1,6 1,4 1,2 1, 8 6 4 Variation 217-216 37.8 % 2 Year Spain 216 Spain 217 Spain 216 Spain 217 3
Price report 217 1. MIBEL: Energy, economic volume and technologies 1.3. Energy values and contracting on the MIBEL 217 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year Energy GW h Daily Market Intraday Market Total Contracting keur Energy GWh Contracting keur Energy GWh Contracting keur 23,223 1,714.858 2,764 29,836 25,987 1,924,694 19,583 1,37.749 2,767 145,744 22,35 1,183,493 19,178 849,646 3,117 138,361 22,295 988,7 17,763 791,271 2,78 12,165 2,471 911,436 19,654 947,93 2,775 132,189 22,429 1,8,119 21,146 1,85,866 2,954 149,793 24,1 1,235,659 21,921 1,86,84 2,939 143,12 24,86 1,229,942 2,627 1,4,247 2,834 134,849 23,461 1,139,96 19,4 953,652 2,886 141,585 21,926 1,95,237 19,89 1,148,156 3,433 199,74 23,242 1,347,23 21,479 1,37,475 3,424 214,725 24,93 1,522,2 22,226 1,353.52 3,1 182,7 25,227 1,535,752 245,65 13,28,742 35,61 1,912,122 281,251 15,192,864 1.4. Energy traded on the daily and intraday markets and final demand on the MIBEL 217 MWh 45, 4, 35, 3, 25, 2, 15, 1, 5, % 1 8 6 4 2 MIBEL bilaterals Bilateral Portuguese zone % MIBEL bilaterals/daily Market MIBEL 4
Price report 217 1. MIBEL: Energy, economic volume and technologies 1.5. Energy by technologies in Spain 14.2% 15.9% 14.3% 13.% 2.1% 3.% 2.% 2.8% 9.3% 17.8% Spain 217 12.6% 18.% Spain 216 7.6% 8.4% 5.5% 2.5% 12.% 21.% Coal Combined cycle Import Nuclear Hydraulic Wind power Photovoltaic solar Thermal solar Cogeneration/Wastes/Mini Hydra 1.6. Demand coverage by technologies in Spain 216-217 GWh/day 1, 8 6 4 2 Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov 216 217 Nuclear Cogeneration/Wastes/Mini hidra Wind power Photovoltaic solar Thermal solar Import Hydraulic Coal Combined cycle 5
Price report 217 1. MIBEL: Energy, economic volume and technologies 1.7. Energy by technologies in Portugal 14.% 1.5% 24.1% 15.2% 1.4% 2.6% 2.7% Portugal 217 21.2% Portugal 216 12.5% 23.4% 3.2% 11.2% 5.1% 25.9% Coal Combined cycled Import Hydraulic Wind power Photovoltaic solar Other special regime 1.8. Demand coverage by technologies in Portugal 216-217 GWh/day 3 225 15 75 Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov 216 217 Other special regime Wind power Photovoltaic solar Import Hydraulic Coal Combined cycle 6
Price report 217 2. Daily market Daily Market 2.1. Monthly energy and Average monthly price of the Daily Market 8-9 2.2. Energy and price of the Daily Market MIBEL 2.3. Acquisitions on the Spanish Electricity System Daily Market 2.4. Percentage of the number of hours with Market splitting by hourly period in the Daily Market 2.5. Significant figures of the Daily Market 1 1 11 11 7
Price report 217 2. Daily market 2.1.1 Monthly energy and Average monthly price of the Daily Market Spanish side Average Monthly Price ( /MWh) Energy Purchased (GWh) 217 216 217 216 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year 71.49 36.53 17,753 15,561 51.74 27.5 14,935 16,3 43.19 27.8 14,722 15,291 43.69 24.11 13,783 13,653 47.11 25.77 15,532 13,981 5.22 38.9 17,53 14,325 48.63 4.53 17,696 15,979 47.46 41.16 16,569 15,669 49.15 43.59 15,29 15,382 56.77 52.83 15,589 14,719 59.19 56.13 16,557 16,39 57.94 6.49 16,997 17,18 52.24 39.67 192,214 183,97 Average monthly price of the Daily Market 216-217 /MWh 8 7 6 5 4 3 2 1 Year 216 217 8
Price report 217 2. Daily market 2.1.2 Monthly energy and Average monthly price of the Daily Market Portuguese side Average Monthly Price ( /MWh) Energy Purchased (GWh) 217 216 217 216 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year 71.52 36.39 4,671 4,483 51.39 27.35 4,174 4,197 43.95 27.7 4,348 4,3 44.18 23.5 3,96 3,955 47.12 24.93 4,121 3,971 5.22 38.28 4,93 3,854 48.6 4.36 4,225 4,214 47.43 41.14 4,58 3,966 49.16 43.61 4,11 3,914 56.97 52.78 4,137 4,6 59.36 56.25 4,151 4,143 59.49 6.27 4,691 4,445 52.48 39.44 5,64 49,51 Average monthly price of the Daily Market 216-217 /MWh 8 7 6 5 4 3 2 1 Year 216 217 9
Price report 217 2. Daily market 2.2. Energy and price of the Daily Market MIBEL 216-217 /MWh 2 1, GWh 15 8 6 1 4 5 2 Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov 216 217 Average price Spanish side ( /MWh) Daily energy MIBEL (GWh) Average price Portuguese side ( /MWh) Daily energy Spanish side (GWh) 2.3. Acquisitions on the Daily Market Spanish Electricity System 217 GWh 15, 1, 5, Retailers (except for RRR) direct consumers Rest of consumption References Retailers (RRR) 1
Price report 217 2. Daily market 2.4. Percentage of the number of hours with market splitting by hourly period in the Daily Market 216-217 % 1 9 8 7 6 5 4 3 2 1 1 2 3 4 5 6 7 8 9 111121314 15 16 17 18 19 2 21 22 23 24 Separation of markets: Import direction balance Separation of markets: export direction balance Hours Separation of markets: null balance Without separation of markets Without separation of markets 93.3% 2.5. Significant figures of the Daily Market 217 Prices Peak Hourly Minimum Hourly Maximum Price Differ Minimum Price Differ Average Daily Maximum Average Daily Maximum Average Montly Maximum Average Mensual Minimum Spain Portugal /MWh Date /MWh Date 11.99 1 hour (25 January) 11.99 1 hours (21 January) 2.3 2 hours (3 April) 8. 1 hours (5 February) 7.24 11 December 52.7 5 February 3.19 29 August 3.19 29 August 91.88 25 January 91.91 25 January 16.15 31 December 23.63 31 December 71.49 January 71.52 January 43.19 March 43.95 March 11
Price report 217 3. Intraday market Intraday Market 3.1. Monthly energy and Average monthly price of the Intraday Market 3.2. Energy and price of the Intraday Market 3.3. Sales and purchases on the Intraday Market. Spanish Electricity System 3.4. Comparison of average arithmetic Daily prices of the Daily and Intraday Markets. Spanish Electricity System 13-14 15 15 16 12
Price report 217 3. Intraday market 3.1.1 Monthly energy and Average monthly price of the Intraday Market Spanish side Average Monthly Price ( /MWh) Energy Purchased (GWh) 217 216 217 216 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year 74.97 37.68 2,438 2,5 52.2 28.34 2,443 2,32 44.8 28.86 2,715 2,341 44.1 25.13 2,346 2,382 47.51 26.53 2,439 2,493 5.31 38.95 2,648 2,234 48.47 41.36 2,611 2,3 47.38 41.28 2,534 2,117 48.73 44.8 2,611 2,24 57.36 53.8 3,133 2,627 61.79 58.2 3,52 2,474 6.27 62.3 2,667 2,176 53.12 4.6 31,636 28,25 Average monthly price of the Intraday Market 216-217 /MWh 8 7 6 5 4 3 2 1 Year 216 217 13
Price report 217 3. Intraday market 3.1.2 Monthly energy and Average monthly price of the Intraday Market Portuguese side Average Monthly Price ( /MWh) Energy Purchased (GWh) 217 216 217 216 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year 74.93 37.28 326 51.28 28.14 324 44.65 28.72 42 44.47 24.2 362 47.51 25.69 336 5.31 37.67 36 48.45 41.16 327 47.34 41.26 3 48.73 44.8 276 57.56 53.84 3 62. 58.28 373 61.2 62.2 334 53.24 4.25 3,965 384 322 324 357 394 348 3 331 236 39 327 298 4,11 Average monthly price of the Intraday Market 216-217 /MWh 8 7 6 5 4 3 2 1 Year 216 217 14
Price report 217 3. Intraday market 3.2. Energy and Price of the Intraday Market 216-217 /MWh 2 15 1 5 MWh 225, 2, 175, 15, 125, 1, 75, 5, Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov 216 217 Average arithmetic price Spanish electricity system ( /MWh) Total acquired energy MIBEL (MWh) Average arithmetic price Portuguese electricity system ( /MWh) 25, 3.3. Sales and purchases on the Intraday Market Spanish Electricity System 216-217 MWh 2, 15, 1, 5, -5, -1, -15, -2, Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov 216 217 Acquisition unit Pumping unit Production unit 15
Price report 217 3. Intraday market 3.4. Comparison of average arithmetic Daily prices of the Daily and Intraday Markets Spanish Electricity System 217 /MWh 1 8 6 4 2-2 Difference daily-intraday Daily market Intraday market
Price report 217 4. Settlement of the Daily and Intraday Market Settlement of the Daily and Intraday Market 4.1. Weekly trend in the volume of collections and payments, in price and energy. Daily and Intraday Markets 4.2. Congestion return in the Spanish-Portuguese interconnection 4.3. Congestion return in the Spanish-French interconnection 18 18 19 17
Price report 217 4. Settlement of the Daily and Intraday Market 4.1. Weekly trend in the volume of collections and payments, in price and energy. Daily and Intraday Markets 216-217 M /Week 3 % 3 25 25 2 2 15 15 1 1 5 5 J F M A M J J A S O N D J F M A M J J A S O N D 216 217 Market price % Price evolution % Energy evolution 4.2. Congestion return in the Spanish-Portuguese interconnection 216-217 M % 2. 4 1.5 3 1. 2.5 1 Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov 216 217 Daily Market return Intraday Market return % hours separation Daily Market 18
Price report 217 4. Settlement of the Daily and Intraday Market 4.3. Congestion return in the Spanish-French interconnection 216-217 M 5 45 4 35 3 25 2 15 1 5 % 1 9 8 7 6 5 4 3 2 1 J F M A M J J A S O N D J F M A M J J A S O N D 216 217 Daily market return %Hours of different prices in the interconnection
Price report 217 5. International electricity exchanges International electricity exchanges 5.1. Interconnection with France 5.2. Interconnection with Portugal 5.3. Interconnection with Morocco 5.4. Average hourly energy in the interconnections 5.5. MIBEL borders: Energies and economic volumes 5.7. Portugal border: Energies and economic volumes 21 21 22 22 23 24 2
Price report 217 5. International electricity exchanges 5.1. Interconnection with France. Available commercial capacity and occupation in the exporting and importing directions 217 MWh 4, 3, 2, Export 1, -1, -2, Import -3, -4, Import capacity Export capacity Import Export 5.2. Interconnection with Portugal. Available commercial capacity and occupation in the exporting and importing directions 217 MWh 4, 3, 2, Export 1, -1, -2, Import -3, -4, Import capacity Export capacity Import Export 21
Price report 217 5. International electricity exchanges 5.3. Interconnection with Morocco. Available commercial capacity and occupation in the exporting and importing directions 217 MWh 1, 8 6 4 2-2 -4-6 -8-1, Export Import Import capacity Export capacity Import Export 5.4. Average hourly energy in the interconnections FRANCE PORTUGAL MOROCCO 216 217 216 217 216 217 EXPORT (MWh) Commercial Capacity 1,947 2,3 1,928 1,993 763 854 Capacity Not Used 1,35 1,851 1,724 1,66 198 197 Occupation 597 449 24 333 565 657 IMPORT (MWh) Commercial Capacity Capacity Not Used Occupation 2,426 2,564 2,391 3,7 54 582 915 623 1,592 2,355 54 582 1,511 1,941 799 652 22
Price report 217 5. International electricity exchanges 5.5. Monthly energies exchanged on the MIBEL borders 217 GWh 1,2 8 4-4 -8-1,2-1,6-2, Total Export 1,358 GWh Total Import 17,32 GWh France Andorra Morocco 5.6. Monthly economic volumes exchanged on the MIBEL borders 217 GWh 75, 6, 45, 3, 15, -15, -3, -45, -6, -75, -9, -15, Total Export 549,33 keur Total Import 813,681 keur France Andorra Morocco 23
Price report 217 5. International electricity exchanges 5.7. Monthly energies exchanged on the border with Portugal 217 GWh 6 4 2-2 -6-4 -8-1, -1,2 Total Export 2,915 GWh Total Import 5,715 GWh 5.8. Monthly economic volumes exchanged on the border with Portugal 217 keur 3, 2, 1, Total Export 139,36 keur -1, -2, -3, -4, Total Import 322,219 keur -5, 24
Price report 217 6. Prices and energies of European Markets Prices and energies of European Markets 6.1. Average monthly prices EUROPEX 6.2. Monthly energies EUROPEX 6.3. Maximum monthly hourly prices in European Markets 6.4. Minimum monthly hourly prices in European Markets 6.5. Monthly percentage of hours with price differences of less than1 /MWh at the interconnections between Spain and Portugal and between Spain and France 26 26 27 27 28 25
Price report 217 6. Prices and energies of European Markets 6.1. Average monthly prices EUROPEX 216-217 /MWh 8 7 6 5 4 3 2 1 Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov 216 217 APX-Holland NordPool EPEX-Germany EPEX-France EXAA-Austria OMIE-Spain OMIE-Portugal OPCOM-Romania GME-Italy OTE-Czech N2EX 6.2. Monthly energies EUROPEX 216-217 GWh 4, 35, 3, 25, 2, 15, 1, 5, Jan Mar May Jul Sep Nov Jan Mar May Jul Sep Nov 216 217 APX-Holland NordPool EPEX-Germany EPEX-France EXAA-Austria OMIE GME-Italy OPCOM-Romania OTE-Czech N2EX 26
Price report 217 6. Prices and energies of European Markets 6.3. Maximum monthly hourly prices in European Markets 217 /MWh 25 2 15 1 5 Portugal Spain Germany France Netherlands Italy United Kingdom 6.4. Minimum monthly hourly prices in European Markets 217 /MWh 6 4 2-2 -4-6 -8-1 Portugal Spain Germany France Netherlands Italy United Kingdom 27
Price report 217 6. Prices and energies of European Markets 6.5. Monthly percentage of hours with price differences of less than 1 /MWh at the interconnections between Spain and Portugal and between Spain and France, % 1 9 8 7 6 5 4 3 2 1 Portugal-Spain Spain-France
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