Romania: Cernavoda Unit 2...

Unit 2 of Romania’s sole nuclear power plant, Cernavoda, was brought back online...

Montenegro: Major renewable energy...

Two significant renewable energy projects are progressing in the village of Korita, located...

Bulgaria: Solaris Holding launches...

Solaris Holding, a joint venture between Bulgarian-German solar developer Sunotec and Eurohold Bulgaria,...

Bosnia and Herzegovina: Electricity...

Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) reached 512...
Supported byClarion Energy
HomeSEE Energy NewsSEE region: Electricity...

SEE region: Electricity prices ranged between 61 and 93 euros/MWh in week 4

In the fourth week of January European electricity prices further decreased, as a result of milder weather, lower gas prices, higher solar energy production and the increase in wind power output in some markets such as Germany and France. Less cold temperatures drove down the demand while gas and CO2 prices continued to fall.

In the SEE region, the price of electricity on the exchanges fell in all analysed markets, except Turkey, with an average percentage decrease of 6%. Croatia, Hungary and Serbia registered the highest percentage declines of 12%, 8% and 6% respectively. Greece and Italy posted decreases of 1% and 3% respectively.

In the SEE region, all countries registered electricity price losses, except Turkey. Prices ranged between €61-93/MWh, with wholesale electricity prices forming lower in Turkey at a weekly average of €60.8/MWh, followed by Croatia, with electricity price at €78/MWh.

Weekly average spot electricity prices in Central Europe followed a downward trend in all markets during week 4. The general decrease in electricity demand led to lower prices in European electricity markets. All wholesale electricity markets in Central Europe experienced significant electricity price losses, with most markets posting prices between €57-77/MWh.

Slovakia was the country with the highest electricity price at €77.43/MWh, followed by Slovenia which registered an electricity price of €75.83/MWh.

Germany recorded the lowest electricity price in Central Europe at €57.2/MWh.

In week 4, weekly averages were below €90/MWh in almost all European electricity markets. The exceptions were the Italian market and the Greek markets, which registered the highest averages of €93.4/MWh and €91.1/MWh respectively.

The German and French markets had the lowest weekly prices of €57.2/MWh and €60.5/MWh, respectively.

All markets registered lower prices with respect to the previous week, except for the Iberian market, where the decline in wind energy production led prices to rise above those of the previous week.

Powered by

clarion.energy

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: Cernavoda Unit 2 returns to service following safety inspections and smoke incident

Unit 2 of Romania’s sole nuclear power plant, Cernavoda, was brought back online on the morning of 27 June after a controlled shutdown on 25 June for inspections and minor repairs. Operator Nuclearelectrica confirmed that all corrective actions complied...

Montenegro: Major renewable energy projects advance in Korita

Two significant renewable energy projects are progressing in the village of Korita, located in Bijelo Polje municipality, Montenegro: a €200 million solar power plant and a wind farm with an installed capacity of 72.6 MW. The wind farm, developed by...

Montenegro: EPCG secures €25.63 million EBRD loan to expand Gvozd wind farm capacity

Montenegrin state-owned power utility EPCG has obtained government approval to borrow 25.63 million euros from the European Bank for Reconstruction and Development (EBRD) to finance the second phase of the Gvozd wind farm, which will add 21 MW of...
Supported byVirtu Energy
error: Content is protected !!