Electricity in Spain is up 450% .
Spaniards had to live with the consequences of a 12h blackout.
And now, we have to pay for it.
This is ridiculous.
— Ada Lluch (@AdaLluch) May 1, 2025
After the blackout in Spain that lasted throughout Monday and a big part of Tuesday morning in some areas, the price of electricity is going up. Today, the average cost of electricity on the wholesale market soared 450%, to 31.83 euros per MWh (megawatt hour), according to data collected by the Iberian electricity market operator (OMIE). Despite this spectacular rise, the average price has been below 50 euros per MWh for eight days prior to that.
In terms of time slots, the highest price was from 7 to 8am, when it reached 117.01 euros, while the cheapest time slot was from 2 to 3pm, with a price of -0.17 euros.
https://www.surinenglish.com/spain/electricity-prices-rise-450-after-blackout-20250430114425-nt.html