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Energy price rises 60% in July compared to previous month, by 280% compared to July 2021

    1 August 2022
    Electricity
    energynomics

    The price of electricity on the spot market of the OPCOM exchange increased again in July, after the advance of the previous month, according to e-nergia.ro.

    In July 2022, the average closing price of the market for the next day (PZU) was 1,813 lei/MWh, from 1,138 lei in June and 1,000 lei in May.

    Thus, compared to the previous month, the spot price increased by 59%, an increase that overlapped anyway on a high base. This month (July), we also had hourly prices of over 3,500 lei/MWh, on several occasions.

    Compared to the monthly price a year ago, the one recorded now is almost four times higher (3.8 times) – in July 2021, the closing price of PZU was 474 lei/MWh.

    Since the beginning of this year, the average price is 1,154 lei/MWh, based on the monthly averages of the first seven months of the year.

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