Supported byClarion Energy
HomeSEE Energy NewsHungary, The spot...

Hungary, The spot price of gas on CEEGEX continues to fall, down to 70.8 euros per MWh

The average day-ahead gas price on the Hungarian CEEGEX exchange has been continuously falling since mid-December. Thus, gas was traded for 128.55 euros per MWh, for delivery on December 14, while on January 3, 2023, the weighted average price fell to 70.8 euros per MWh.

The average price in the previous seven days is 73.7 euros per MWh. This is 17% less compared to the average price in the period from December 22 to 28, 2022, which was 88.8 euros per MWh.

The volume of trade records noticeable variations and in the last seven days it ranges from 41,000 to 85,000 MWh. In the middle of last month, the volume exceeded 100,000 MWh.

On the intraday market on CEEGEX, the last transactions were realized on January 2, and prices ranged from 68.3 to 74 euros per MWh. On the first day of the year, the price was around 66 euros.

Source: ceegex.hu

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in Tiszaujvaros. The project is part of Hungary’s broader shift in generation needs as variable renewables...

Hungary and Italy defy European power price decline as regional gap widens

Hungarian and Italian wholesale electricity prices increased in the week ending 20 September, despite weaker electricity demand across Southeast Europe and significant price declines in several Western European markets. Italy recorded the highest weekly day-ahead average among the markets covered,...

Alternative gas supply plans for Hungary by 2027 via Croatia and regional pipelines

Hungary says alternatives could replace Russian gas within a year, and that it could technically replace Russian natural gas within a year. The statement points to a potentially important shift in Central and Southeast European gas flows as Budapest...
Supported byVirtu Energy