The first NOME electricity auctions of the year in Greece were held on Tuesday at a hectic pace, with the final price closing at just over 41 euros per Megawatt, and specifically from 41.05 euros to 41.14 euros.
The first NOME electricity auctions of the year in Greece were held on Tuesday at a hectic pace, with the final price closing at just over 41 euros per Megawatt, and specifically from 41.05 euros to 41.14 euros.
Bids nearly touched the 2,200-mark, with all bidders reportedly acquiring the quantities of produced future electricity they wanted, regardless of corporate size.
The auction covered demand and with a price 3.5 euros higher than the previous such auction in October 2016.
At the time, a total of 460MW/h had been absorbed by 11 companies active in the bidding process, with packages offered beginning from 1MW/h and extending to 108MW/h, and with the range of prices starting at 37.37 euros to 37.5 euros.
Tuesday’s auction involved a much smaller quantity of future electrical production, 145MW/h.