MARKETS 2024

Replacement reserves markets

Information based on provisional data as of January 2025

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The average hourly range of secondary regulation allocated upward was 922 MW, compared to 823 MW the previous year, with an impact of €2.85/MWh (including range and RAD) of demand served, 9.2% higher than the previous year. The annual weighted average price was €34.28/MW and the highest monthly price occurred in December with €57.77/MW. Since November, when the SRS system was introduced, there was a downward price trend. For these months, the annual value stood at 36.7 €/MWh.

Secondary regulation reserve

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

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