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electricity prices - Latest Articles GMK Center

Photo – EU countries urge not to hurry with changes in the electricity market
EU countries urge not to hurry with changes in the electricity market

Reforms should be supported by a thorough impact assessment

Photo – Electricity prices in Europe fell significantly in January 2023
Electricity prices in Europe fell significantly in January 2023

Governments and companies are still forced to act in the face of energy price volatility

Photo – Electricity prices increased in most of Europe in December 2022
Electricity prices increased in most of Europe in December 2022

In 2022, the highest average monthly wholesale price in the EU was in August

Photo – Ukrenergo’s electricity transmission tariff will increase in three stages in 2023
Ukrenergo’s electricity transmission tariff will increase in three stages in 2023

The regulator also predicted a three-stage increase in the Ukrenergo dispatch tariff

Photo – Electricity prices in the EU have risen sharply due to wind energy forecasts
Electricity prices in the EU have risen sharply due to wind energy forecasts

The base price of electricity in Germany for the day ahead on December 8 increased to €425/MWh

Photo – Electricity prices in Europe rose in November due to cold weather
Electricity prices in Europe rose in November due to cold weather

European prices in late November and early December were also affected by the decline in wind power capacity

Photo – Electricity prices in the EU fell significantly in October 2022
Electricity prices in the EU fell significantly in October 2022

The cost of electricity is still higher than at the beginning of the year

Photo – Marginal electricity prices may increase by 50% in October 2022
Marginal electricity prices may increase by 50% in October 2022

Ukrainian industrial companies emphasize that this may lead to production stoppages

Photo – European governments save steel industry from high electricity prices
European governments save steel industry from high electricity prices

Spot electricity prices vary across European countries, and governments are introducing packages of measures to overcome the energy crisis

Photo – European steel producers fear a deepening recession due to the energy crisis
European steel producers fear a deepening recession due to the energy crisis

The steel sector replenishes the budgets of European countries with tens billions of euros, but mass shutdowns of capacities will negatively affect the amount of tax revenues

Photo – Electricity prices in Italy increased by 2.3 times from the beginning of 2022
Electricity prices in Italy increased by 2.3 times from the beginning of 2022

In August 2022, the average spot price for electricity in Italy was €537 per MWh, compared to €229.6 per MWh in January 2022

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