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Day ahead electricity prices for EU

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Re: Day ahead electricity prices for EU

#4
I've read somewhere that Czechs (day ahead price of 463EUR/MWh) produce electricity at 0.1EUR/MWh, then sell it to an exchange in Germany and buy it back for the "market" price. Somebody over there is getting extremely rich for no reason and I am wondering why nobody is doing anything about it...

Re: Day ahead electricity prices for EU

#7
post #4

I've read somewhere that Czechs (day ahead price of 463EUR/MWh) produce electricity at 0.1EUR/MWh, then sell it to an exchange in Germany and buy it back for the "market" price. Somebody over there is getting extremely rich for no reason and I am wondering why nobody is doing anything about it...

> why nobody is doing anything about it

> I've read somewhere

Before wondering why someone, somewhere is not doing something, confirm that the thing is actually happening in the first place.

Re: Day ahead electricity prices for EU

#10

What are the main causes for these differences? And why Italians always manage to be first in the worst ranking?

The main causes are the gas crisis and the fact that France has shut down around half of its nuclear reactors due to corrosion and cooling problems, so Germany now has to burn even more gas and coal for electricity exports to France.
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