The price of electricity on the stock exchange, three times lower than last year

2023-10-09 10:08:58

​The price of electricity on the stock exchange was three times lower in September than in the same month last year, according to data from the stock exchange operator OPCOM. However, compared to August, there was a slight increase.

euro moneyPhoto: Dreamstime

Thus, in September, on the spot market (Next Day Market), energy cost 512 lei/MWh on average, compared to 1,854 lei/MWh in the same month last year.

In the first half of this year, prices started to fall, following the increases of the last years.

But the upward trend returned starting from June this year, during the summer the price of energy increased from 422 lei/MWh in June, to 478 lei in July and to 502 lei in August.

The volume of energy traded on the spot market in September 2023 was 1.158 million MWh, 5% less than in August 2023 and 36% lower than in September 2022.

The prices on the spot market are a reference since most of the energy volume in the market is traded here (29% in September 2023).

Photo source: Dreamstime

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