Energy prices in Europe continue to rise, reaching record levels

Energy prices in Europe continue to rise, reaching record levels unprecedented this year. Electricity in the Day Ahead segment is already being sold almost at pre-Christmas levels, when prices have skyrocketed. Baseline energy levels are now at a record low of € 400 / MWh in Western Europe. Romania`s energy exchange OPCOM closed the Day Forward segment at a price of 384.44 euros / mWh. This is shown by the data of the stock exchange for March 4, 2022. The price for peak energy is 404.66 euros / mWh, and off-peak energy is 364.22 euros / mWh. The highest price of 493.11 euros / MWh will be at 7 pm. The lowest price will be at 4 am and it will be 304.05 euros / MWh. The traded volumes at the base energy are 72,105.8 mWh. On the Greek energy exchange HENEX the average price for March 4 will be 362.22 euros / MWh. The total traded volume of electricity is 158.85 GWh. The maximum price will be 446.52 euros / mWh and it will be at 7 pm. The minimum price will be at 3 am and it will be 281.21 euros / mWh. At the Hungarian energy exchange HUPX , the price of basic energy for March 4 is 379.16 euros / mWh. The peak energy is traded for 394.10 euros / mWh. The highest price of 493.11 euros / mWh will be at 7 pm. The lowest price will be at 4 am it will be 304.05 euros / mWh. The traded volumes will be 68,119.1 MWh. The base price of electricity for March 4 on the Slovak Energy Exchange is 379.06 euros / MWh. The base price of electricity on the Czech Energy Exchange is 366.88 euros / mWh. The highest price in Bratislava will be at 7 pm and it will be 493.11 euros / MWh. The highest price in Prague will be at 9 am and it will be 410.05 euros / MWh. The lowest price will be in both countries at 4 o`clock and it will be 304.05 euros / MWh. On the Austrian Energy Exchange , the price for basic energy for March 4 is 367.45 euros / mWh. The peak price will reach 375.23 euros / mWh. The traded volume of the base energy is 73,736.3 MWh. The highest price is expected to be at 9 am and it will reach 410.05 euros / MWh. The lowest price is expected at 4 o`clock it will be 304.05 euros / mWh. On the German Energy Exchange , the price for basic energy is 358.78 euros / mWh on March 4. The peak price will be 358.74 euros / mWh. The traded volumes at the base energy are 429,592.2 mWh. The highest price is expected to be at 9 am and it will reach 410.05 euros / MWh. The lowest price of 292.16 euros / mWh is expected at 2 p.m.