MARKETS 2023

Replacement reserves markets

Information based on provisional data as of January 2024

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The average hourly range of secondary regulation allocated upward was 823 MW, compared to 784 MW the previous year, with an impact of €2.64/MWh (including range and RAD) of demand served, 7.8 % higher than the previous year. The annual weighted average price is €38.28/MW and the highest monthly price was reached in March with €49.55/MW.

Secondary control range

Secondary control range (MW | €/MW) | Electricity system: Peninsular.

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