Electricity prices continue to rise in Europe

The sanctions package deal, which was accepted by the European Union (EU) international locations in April, to ban coal imports from Russia, got here into impact on 10 August.

As well as, Gazprom acknowledged that as of 27 July, a most of 33 million cubic meters of pure gasoline may be shipped to Europe per day via the Nord Stream pipeline, and lowered the pipeline’s transport capability to 20 %.

Highest worth improve in France

On this context, in accordance to European Energy Alternate knowledge, France drew consideration because the nation with the best worth improve.

The electrical energy worth in the day-ahead spot market in the nation elevated from 611.85 euros to 645.54 euros per megawatt-hour.

The electrical energy worth in Germany, which was 605.13 euros per megawatt-hour yesterday, has change into 624.34 euros immediately.

Within the spot market, electrical energy prices rose from 603.55 euros to 611.34 euros in the Netherlands, from 603.38 euros to 611.97 euros in Belgium, and from 520.38 euros to 539.48 euros in the UK.

In Austria it elevated to 635 euros

The electrical energy worth in Denmark, which was 605.13 euros in the spot market yesterday, was recorded as 624.34 euros immediately.

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In accordance to the information of AA, the electrical energy worth in Switzerland elevated from 624.52 euros to 625.09 euros, and in Austria from 615.75 euros to 635.52 euros.

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