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La tormenta perfecta con el precio del gas y el calor en verano dispara la factura de la luz

La fuerte volatilidad hace oscilar los precios del ‘pool’ desde cero euros por megavatio en las horas centrales del día a 200 y 300 cuando llega la noche

La tormenta perfecta con el precio del gas y el calor en verano dispara la factura de la luz

A perfect storm has driven up electricity bills this summer, with soaring gas prices and scorching summer heat combining to create a molotov cocktail of a market. July saw a 14% jump in demand, followed by another 6% in August compared to the same months last year, particularly during peak daytime hours when air conditioners are cranked up.

Industrial production changes have also contributed to the mix. On top of that, natural gas prices have surged due to the strait of Hormuz being blocked. This has resulted in wholesale electricity pool prices, averaging over 100 euros per megawatt hour (MWh) on many days this month and last. OMIE, the operator of the Iberian market, reported the price hitting 113.98 euros/MWh last Friday, then falling below 100 euros over the weekend before climbing back up to 120.35 euros/MWh in today's auctions.

Written by urgent.news from El Pais's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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Landslide kills 18 people in Hong Kong’s Sau Mau Ping – SCMP archive

This article was first published on August 26, 1976. Tragedy hits Sau Mau Ping At least seven people, including four children, were killed by the landslide that hit Sau Mau Ping Estate yesterday (August 25, 1976). Yesterday’s disaster was only a few blocks away from a slope which slipped on June 18, 1972, killing 67 people.

Landslide kills 18 people in Hong Kong’s Sau Mau Ping – SCMP archive

This article was first published on August 26, 1976. Tragedy hits Sau Mau Ping At least seven people, including four children, were killed by the landslide that hit Sau Mau Ping Estate yesterday (August 25, 1976). Yesterday’s disaster was only a few blocks away from a slope which slipped on June 18, 1972, killing 67 people.

More from Tuesday 25 August →