June 16, 2024
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SEE Region, Drop in spot prices to 103 euros per MWh on Thursday

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Spot prices in Southeast Europe and Hungary have been on a downward trajectory since Monday. The lowest spot price in the region, on Thursday March 9, was recorded in Serbia – 102.72 euros per MWh, while the most expensive electricity was traded in Hungary – 131.38 euros per MWh. By comparison, the price range on Monday ranged from 142 euros per MWh to 153 euros per MWh.

The Serbian day-ahead price fell by 18 percent on Thursday compared to the previous day and is one of the lowest in Europe. Lower prices were recorded only on the Iberian Peninsula (73.6 euros per MWh).

The Bulgarian and Romanian spot price also fell significantly on Thursday, by 14 percent, to 108.74 euros per MWh.

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Serbia, Bulgaria and Romania record lower spot prices compared to central Europe, by around 20 euros per MWh.

The spot price in Greece fell by 9 percent on Thursday, to 115.16 euros per MWh.

The day-ahead prices in Slovenia and Croatia were reduced by about 8 percent compared to Wednesday, and amount to EUR 128.18 per MWh and EUR 125.92 per MWh.

The Hungarian premium compared to the German market amounted to around 5 euros per MWh, despite the price drop of 6 percent compared to Wednesday on HUPX.

The highest spot price in Europe on Thursday was recorded in Poland – 139.58 euros per MWh.

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