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SEE region: Electricity prices ranged between 72 and 106 euros/MWh in week 27

In the first week of July, electricity prices in Southeast Europe decreased compared to the previous by 10% on average, due to lower gas prices and higher wind output in most of the countries.

The electricity prices on the exchanges fell in all of the markets, except Italy and Turkey. Croatia and Hungary registered the highest decreases by 38% and 20% respectively compared to the previous week. Serbia and Romania followed, with a decrease of 16% and 10% respectively. On the other hand, Turkey and Italy recorded higher electricity prices, by 11% and 4% respectively.

In the SEE region, electricity prices remained above 100 euros/MWh in half of the countries. They ranged between 72 and 106 evra/MWh. Turkey recorded the lowest weekly average of 71.99 euros/MWh and it was followed by Croatia, with an electricity price of 76.83 euros/MWh. The Bulgarian market registered the highest average of 106.02 euros/MWh. Romania followed with 105.96 euros/MWh.

Weekly average spot electricity prices in Central Europe followed a downward trend during week 27. Electricity markets posted prices between 27 and 69 euros/MWh. Slovenia recorded the highest electricity price at 69.45/MWh and was followed by Slovakia at 69.37/MWh. France was the cheapest country in Central Europe with an electricity price of 26.82/MWh.

In week 27, weekly averages were around 70 euros/MWh in all European markets. Prices ranged from 26.82 euros/MWh in France to 102.61 euros/MWh the Poland.

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