Significant decrease in 31.8% was marked in March in price wholesale of power in our country.
Specifically, the Energy Stock Exchange data showed that from 154 euros/MWh in February, the wholesale of electricity fell to 104 euros. The lower price of last month was 72 euros on March 16 and higher the 138 euros yesterday (31.3.2025).
Now, the picture for the rest of the spring shows possible further decline, to levels below 100 euros. The reason is that seasonally the demand for electricity is reduced, while the production of photovoltaics is increasing significantly.
Running from the middle of March, suppliers are going to announce the retail invoices for April today and tomorrow. Estimates refer to reduced middle -class prices, which will, however, come mainly from the most expensive products. On the contrary, in the cheapest invoices the difference with March is not expected to be so intense.
To the above we have to add a new development that we will see from now on wholesale: to date, when prices have fallen very low at noon, they have almost reached zero, but have been difficult to annihilate or have become negative. This is going to change in the coming months, as it will be more easily negative up to -50 euros/MWh in the balancing market, following a decision by the Authorities.
This is a change that will affect, inter alia, RES producers, removing total revenue from the operation of their units. The result of negative prices on overall wholesale prices remain in practice, but market sources estimate that the effect will be small.