Significant deceleration of prices in both the domestic and international energy market is recorded today as the price of electricity in the Greek stock exchange's pre-market retreated for today to 155 Euro per megawatt hour while the price of natural gas on the Dutch stock exchange fell below 100 Euro per megawatt hour for the first time since last July and closed at 96.5 Euro.
In the Greek market, the price drop (by 34 % compared to the previous day) reflects the decline in international gas prices and is recorded despite the fact that the participation of renewable energy sources is currently relatively limited (17 %). The current mix is dominated by gas plants with 35.6 % and imports with 28 % of the market.
At a conference on the evolution of energy prices organized yesterday by the Institute of Energy of South-East Europe, the need to decouple the price of electricity from the price of natural gas and to create the conditions necessary for the development of bilateral contracts between producers and final consumers in the Greek market, which will allow the development of renewable energy sources on the one hand and the protection of consumers from the strong fluctuation of prices in the stock market on the other.
