Alma 39% is trading at €334.43 per megawatt hour today, Monday. electricity on the Energy Exchange according to yesterday's closing of the previous day's market. This is one of the highest prices in recent months, a development that can be interpreted as the result of the production mix.
Specifically, The decline in renewable energy production had a negative impact on prices in Greece., which are currently expected to cover 21.6 % of demand, down from 52.5% on Sunday. The gap is filled by natural gas units, which are the most expensive due to fuel costs, currently account for 44.3% of demand, compared to 16.4% yesterday.
The participation of lignite units is low (3.3 %).
The demand by Russia for payment for natural gas in rubles is also having a negative impact on the market.
Prices are also particularly high in neighboring Italy (€348.91 per megawatt hour), to which the Greek market is connected, and in Switzerland (€349.39). In France, which is facing supply shortages due to increased demand caused by bad weather and reduced nuclear power production, the price of electricity has reached €551.43 per megawatt hour.
The market is also eagerly awaiting tomorrow's announcement of PPC's earnings, in connection with the Energy Regulatory Authority's investigation into the existence of so-called “windfall profits” in the electricity market. The government points out that PPC returns the additional revenue generated by the operation of the market to its customers through discounts.
