June 23, 2024
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SEE region: Electricity prices ranged between 66 and 91 euros euros/MWh in week 19

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In week 19, electricity prices in SEE region increased compared to the previous week, by 25% in average, due to the higher electricity demand, the drop in wind energy production and the increase of CO2 emission right futures. Most markets reached the highest on Monday May 6 and then fell back over the course of the week.

In the SEE region, the price of electricity on the exchanges soared in all of the markets. Romania and Bulgaria registered the highest percentage increases by 39% and 32% respectively compared to the previous week. Greece and Serbia registered higher electricity prices by 31% and 29% respectively. 

All SEE countries registered electricity price gains, with electricity prices trading below76 euros/MWh, with the exception of Italy. Electricity prices ranged between 66 and 91 euros/MWh. Hungary recorded the lowest weekly average of 65.7 euros/MWh, followed by Croatia with 67.74€ euros/MWh. The Italian market registered the highest average price in the region, at 90.86 euros/MWh, followed by Serbia with 75.97 euros/MWh.

Weekly average spot electricity prices in Central Europe followed an upward trend during week 19, as renewable output receded. The exception to the weekly price rises was the EPEX SPOT market of France with a 17% drop.

Electricity markets in Central Europe during week posted prices between 28 and 67 euros/MWh. Germany recorded the highest electricity price at 67.33 euros/MWh, while Franch market was the cheapest in Central Europe with an electricity price at 28.06 euros/MWh.


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