MARKETS

Ancillary services

Information based on provisional data as of January 2023

Mercados

The impact of adjustment services on the average final energy price was 7.70 €/MWh, higher than the 4.23 €/MWh of 2021. This increase was due to the high prices recorded in all markets. A comparison of the share of this service in the final average price shows a slight increase in this year's price (3.8 % compared to 3.6 % the previous year).

In December 2022, ancillary services accounted for 8.7 % of the average final energy price, as more energy was scheduled due to restrictions in that month.

Weight of the impact of ancillary services on the final price

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The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying €/MWh. Range: 0 to 12.
Source: ree.es
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In 2022, the cost of ancillary services was 1,833 million euros, 78.8 % higher than in the previous year.

Cost of ancillary services in €M

€/MWh€

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20212022Restrictions PDBF444473Real time restrictions281631Technical restrictions7251,105Banda259577Deviations114193Others*-58-31Power factor control-15-12Total Ancillary services1,0251,833%2022/202178.8
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20212022
Restrictions PDBF444473
Real time restrictions281631
Technical restrictions7251,105
Banda259577
Deviations114193
Others*-58-31
Power factor control-15-12
Total Ancillary services1,0251,833
%2022/202178.8
End of interactive chart.

Other: Includes non-fulfilment of balancing energy, deviation balancing, and deviations between systems.

The energy needs managed through ancillary services were 3.1 % lower than in 2021. Energy scheduled for security reasons was 20.2 % lower, due to the decrease in energy caused by technical constraints on the PDBF (27.2 %), while real-time technical constraints increased by 3.6 %. The balancing energy used has increased by 14.1 %, mainly as a result of the increase in secondary regulation energy and replacement reserves.

The energy volume due to technical restrictions to the PDBF represents 29.2 % of the total ancillary services, lower than the 38.9 % it represented last year and far from the 51 % of 2020.

Energy requirements covered by ancillary services

GWh

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Upward energy 2021Downward energy 2021Upward energy 2022Downward energy 2022Upward energy %22/21Downward energy %22/21Energy scheduled for security reasons9,4759126,2192,066-34.4126.5Technical restrictions PDBF7,7892534,5311,325-41.8423.3Real time restrictions1,6866591,6887410.112.5Balancing energy used5,8244,4806,3895,3699.719.8Reservas de sustitución (RR)2,1688522,3881,35010.158.5Secondary control1,3001,5411,3352,1522.739.7Tertiary control2,1601,3222,2801,5205.614.9IGCC19776538634796.0-55.0Total energy managed15,2995,39212,6077,435-17.637.9
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Upward energy 2021Downward energy 2021Upward energy 2022Downward energy 2022Upward energy %22/21Downward energy %22/21
Energy scheduled for security reasons9,4759126,2192,066-34.4126.5
Technical restrictions PDBF7,7892534,5311,325-41.8423.3
Real time restrictions1,6866591,6887410.112.5
Balancing energy used5,8244,4806,3895,3699.719.8
Reservas de sustitución (RR)2,1688522,3881,35010.158.5
Secondary control1,3001,5411,3352,1522.739.7
Tertiary control2,1601,3222,2801,5205.614.9
IGCC19776538634796.0-55.0
Total energy managed15,2995,39212,6077,435-17.637.9
End of interactive chart.

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The chart has 1 Y axis displaying GWh. Range: -1500 to 2000.
Source: ree.es
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The weighted average prices of the ancillary services of the peninsular system have resulted as follows:

Average weighted prices of ancillary services of the peninsular electricity system

€/MWh

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Upward energy 2021Downward energy 2021Upward energy 2022Downward energy 2022Upward energy % 22/21Downward energy % 22/21Technical restrictions PDBF1468923614761.465.0Real time technical restrictions269505225993.818.4Secondary control11210118611966.218.7Tertiary control137592309467.558.9Replacement Reserve144702188750.824.0
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Upward energy 2021Downward energy 2021Upward energy 2022Downward energy 2022Upward energy % 22/21Downward energy % 22/21
Technical restrictions PDBF1468923614761.465.0
Real time technical restrictions269505225993.818.4
Secondary control11210118611966.218.7
Tertiary control137592309467.558.9
Replacement Reserve144702188750.824.0
End of interactive chart.

Replacement reserves: The RR-type balancing energy service has a single price. The value represented in the table corresponds to the weighted average price according to the direction needed by the Spanish Electricity System.

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