Soaring energy prices continue their upward trend
Soaring energy prices continue their upward trend
  Economy

Soaring energy prices continue their upward trend

Electricity prices are keeping their upward trend moving higher
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RE+D magazine
19.10.2021

Electricity prices are keeping their upward trend moving higher on Tuesday, 19 October according to data from the Energy Exchange.

In particular, the average price for electricity is €253.33 per MW/h while the maximum price recorded soared to 344MW/h.

Electricity demand is expected to reach 302GW/h and it is estimated to be covered mainly by natural gas units (47%) and renewables (29%). This is followed by imports and hydropower (from 9%) and lignite plants with 7%