Supported byClarion Energy
HomeSEE Energy NewsRomania, The price...

Romania, The price of electricity for delivery in 2023 is rising to over 200 euros per MWh

The growth trend of electricity prices for delivery in the next year continues.

In 2021, the average weighted price on the Centralized Market for Bilateral Agreements (Extended Auction Model – PCCB-LE Flex) was 439 levs (88.3 euros) per MWh, according to the Electricity Market Operator (OPCOM).

On the other hand, by the end of April 2022, the weighted average price of transactions realized on this market had more than doubled – to 890 levs (179 euros) per MWh.

In 2022, only 94 transactions were realized on this market, for only 4.75 TWh. However, given that the PCCB-LE Flex trades electricity with delivery until 2027, it is clear that electricity prices will be high in the coming years.

Also, electricity for delivery in 2021 cost an average of 269 levs (54 euros) per MWh, while the price for this year rose to 488 levs (98 euros) per MWh.

The weighted average price for delivery in 2023 is 589 levs (118.5 euros) per MWh.

In the market for bilateral agreements – the model of continuous negotiations (PCCB-NC), the average weighted price of transactions realized last year was 456 levs (91.7 euros) per MWh. For transactions concluded by the end of April this year, the weighted average price also more than doubled, to 1,006 levs (202.3 euros) per MWh, according to OPCOM.

Source: e-nergia.ro

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania delays Cernavodă restart amid Danube drought, extending nuclear outage

Romania is unlikely to restart either reactor at the Cernavodă nuclear plant for at least another 10 days, pushing recovery beyond mid-September. The delay extends the loss of around 1.3-1.4 GW of baseload generation and keeps Romania reliant on...

Rompetrol Rafinare boosts Petromidia storage capacity amid refinery upgrade

Rompetrol Rafinare is expanding storage capacity at its Petromidia refinery as part of a programme aimed at improving the flexibility and reliability of crude oil and fuel logistics. The company’s works include changes to tank capacity and refurbishment across...

Romania emergency Danube measures for cooling-water supply at Cernavoda

Three-stage plan tied to intake basin water level Romania has approved an emergency intervention plan aimed at maintaining cooling-water supplies for the Cernavoda nuclear power plant amid exceptionally low Danube levels. The measures would be triggered if the water level...
Supported byVirtu Energy