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OPCOM DAM traded energy price jumps 250% in January

21 February 2022
General Interest
energynomics

The price of electricity on the spot market of the OPCOM exchange (Day Ahead Market – DAM) averaged 949 lei per MWh in January 2022, a value 250% higher than the price recorded in the same month last year, respectively 271 lei per MWh, according to the monthly report posted on the stock exchange operator’s website.

However, the price in January was lower than in the previous month, December 2021, when the quotation was of 1,139 lei per MWh.

The total value of transactions was of 2.6 billion lei in January, up 269% from the same month last year, according to Agerpres.

On the other hand, the volume of transactions increased by 6%, to 2,620,819 MWh.

The market share of the DAM sehment was of 50.3% in January, up 7%.

About 329 participants were registered on the OPCOM spot market, of which 239 were active.

The Day Ahead Market (DAM) is a component of the wholesale electricity market on which firm hourly transactions are made with electricity delivered on the day following the trading day.

 

 

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