Electricity: Reductions and in May expected prices – RIS interventions for cost retention

In orbit of diophage the electrical market moves energywith the average wholesale price on the energy stock market in April to the lowest level of the last 6 months, which creates the conditions for further reduction in invoices power in May.

At the same time, the Ministry of Environment and Energy (RIS) is launching interventions at national and European level with the aim of maintaining the cost of electricity on a permanent basis, regardless of international developments or seasonal demand. The average power of electricity on the energy stock market is formed this month close to 95 euros per megawatt hourthat is, it has returned to double -digit size for the first time since October 2024.

The price moves to the lowest semester level and is 38% lower than February. The main causes are the decline in electricity demand due to favorable weather conditions, as heating / air conditioning is not widely used while at the same time abundant production from renewable energy that throws the power of the current up to zero at noon.

This phenomenon is repeated every spring, while prices rise in summer and winter when more gas units are employed to meet demand.

The average stock market is the basis for calculating consumer prices for floating “green” and “yellow” invoices, while those who have signed contracts for “blue” invoices (fixed) are not affected by fluctuations.

Meanwhile, as the Minister of Environment and Energy Stavros Papastavrou had interviewed RES-EIA last week, subsidies to small and medium-sized enterprises, which relate retroactively to December 2024, January and February 2025 were announced.

Specifically, RIS announced yesterday (25.4.2025) subsidies for more than 1 million businesses To cover the increase in the current in December 2024 with February 2025. The aid is 2 minutes per kilowatt -hour and are applied to 60 – 100% of the consumption (depending on the turnover) while bakeries, pastry shops and cleaning will receive 4 minutes per kilob for all.

Inside, the RIS plans interventions to stabilize prices through changes in the way energy calculation, limiting the divergences between estimates and real sizes. A significant impact is also expected by the Crete -Attica electric interconnection, which is completed in the summer and is expected to drastically reduce utilities in power bills.

At European level, the main objective remains to integrate the energy market to reduce prices from country to country that are at the expense of the European South. The main tool in this direction is to strengthen the cross -border interconnections that will allow, among other things, the further development of Greek power exports.

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