SEE Region, Spot prices remain below EUR 100 per MWh on Monday

, SEE Energy News

On Monday, March 27, the spot prices of electricity in the Southeast European region increased by over 50 percent compared to the previous day in almost all markets, except in Greece and Serbia, which recorded a price drop of 20 percent and 3 percent, respectively.

Day-ahead prices in the region on Monday range from EUR 66.96 per MWh in Serbia, whose market is one of the cheapest in Europe, to EUR 98.29 per MWh in Slovenia.

The increase in spot prices between Sunday and Monday is from 45 percent in Slovenia and Hungary to 55 percent in Romania and Bulgaria. The Greek price fell to 89.72 euros per MWh on Monday.

On Sunday, downward spot prices in the region were recorded in Romania and Bulgaria – 48.44 euros per MWh, while the Greek market was the most expensive in the region, but also in Europe, with 112.45 euros per MWh. Apart from Italy, Greece is the only European country that achieved a spot price above the threshold of 100 euros per MWh on Sunday.

The day before, the prices were even lower on Saturday – in Bulgaria and Romania, 26.7 euros per MWh were recorded, and in Slovenia and Croatia, 28.7 euros per MWh and 29.2 euros per MWh, respectively.

In the rest of Europe, the lowest price on Monday was recorded by Finland – 56.3 euros per MWh, and the highest by Belgium, 124.04 euros per MWh.

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