The average price of electricity for regulated rate customers linked to the wholesale market will rise 77.7% this Monday compared to this Sunday, when it fell below the barrier of 100 euros per megawatt hour (MWh) for the first time. time since last April. Specifically, the price will stand at 160.57 euros/MWh this Monday, according to provisional data from the Iberian Energy Market Operator (OMIE). This price is the result of adding the average of the auction in the wholesale market to the compensation that the demand will pay to the combined cycle plants for the application of the ‘Iberian exception’ to cap the price of gas for the generation of electricity. In the auction, the average price of electricity in the wholesale market – the so-called ‘pool’ – stands this Monday at 119.77 euros/MWh. The maximum price will be registered between 8:00 p.m. and 9:00 p.m., with 218.60 euros/MWh, while the minimum for the day, of 75.64 euros/MWh, will occur between 02:00 a.m. and 03:00 a.m. The price of the ‘pool’ is added to the compensation of 40.80 euros/MWh to the gas companies that has to be paid by the consumers who benefit from the measure, the consumers of the regulated rate (PVPC) or those who, despite being in the free market, have an indexed rate. 27.6% less than without applying the measure In the absence of the ‘Iberian exception’ mechanism to cap the price of gas for electricity generation, the price of electricity in Spain would be average around 221.93 euros/MWh, which is 61.36 euros/MWh more than with the compensation for customers of the regulated rate, who will thus pay 27.6% less on average. The ‘Iberian mechanism’, which entered into force on June 15, limits the price of gas for electricity generation to an average of 48.8 euros per MWh for a period of twelve months, thus covering the next winter, a period in which energy prices are more expensive. Specifically, the ‘Iberian exception’ sets a path for natural gas to generate electricity at a price of 40 euros/MWh in the initial six months, and subsequently, a monthly increase of five euros/MWh until the end of the measure.