Supported byClarion Energy
HomeElectricityHungary: Average price...

Hungary: Average price on HUPX DAM 285.6 euros per MWh in March

According to the report of the Hungarian electricity exchange operator HUPX for March 2022, the total volume of trade on the spot market amounted to 2.751 million MWh, which is 9% less than the previous month (3.037 million MWh in February 2022).

The volume of trade on the day-ahead market in March amounted to 2.345 million MWh, 15% less than in February.

The average price for the base load on HUPX DAM was 285.58 euros per MWh, which is 47% more than in the previous month.

The average price for peak load on a monthly basis increased by 40%, to 291.96 euros per MWh in March.

The highest price per hour realized in March was 700 euros per MWh, and the lowest 11.77 euros per MWh.

The average daily volume of trade for base load (01-24 h) on DAM in March 2022 was 75,652 MWh.

The total volume of intra-day trading (IDM) in March was 406,753 MWh, 32% more than in February (307,397 MWh).

The average daily trading volume on IDM increased by 20% on a monthly basis, to 13,121 MWh, according to the HUPX monthly report.

Source: hupx.hu

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation and higher electricity demand increased the region’s reliance on imports, while German power prices moved...

Solar growth in Hungary leaves businesses exposed to imported power costs

Hungary’s rapid increase in solar generation has not eliminated reliance on imported electricity, according to economic research institute GKI. The institute said the outcome leaves companies exposed to higher power costs when domestic renewable output drops. The assessment points...

Hungary stockpiles 4.8 billion cubic metres for a 96-day winter gas buffer

Underground inventories ahead of the heating season Hungary has accumulated more than 4.8 billion cubic metres of natural gas in underground storage facilities, enough to cover approximately 96 days of total winter demand. The Ministry of Economy and Energy says...
Supported byVirtu Energy