Hungary, Contracts for 2023 on HUDEX grow to 239.5 euros per MWh

, SEE Energy News

Futures prices for next year on the Hungarian stock exchange of electricity derivatives, HUDEX, have been growing continuously since mid-March.

Thus, the contract for the supply of electricity next year at HUDEX jumped to 239.5 euros per MWh, during the trading session on Friday, May 13. This is the highest level since the beginning of the year.

The price for 2023 exceeded the threshold of 200 euros for the first time on April 8, and has been growing steadily since then.

Previously, the highest price was recorded on February 25 – 198.4 euros per MWh.

When it comes to contracts for the supply of electricity in June, strong fluctuations were noted. In the last month, prices ranged from 218 to 250 euros per MWh, and on Friday they traded for 235.6 euros per MWh.

The situation is similar with the contracts for the supply of electricity in the third quarter of 2022. They rose significantly on five occasions and then fell during the previous month, ranging from 236.2 to 262.4 euros per MWh.

The highest quarterly price this year was recorded on March 7 – 442.1 euros per MWh.

Source: hudex.hu