New Zealand electricity market
Europe’s draft plan to cushion power price spikes
The European Union has drafted plans to nudge countries towards using more long-term, fixed-price electricity contracts, as part of a reform of Europe's power market designed to shield consumers from price spikes.
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Power rate below 100 euros/MWh for the first time since summer 2021
Wholesale electricity prices have fallen below 100 euros per megawatt-hour in Greece for the first time in nearly 18 months.
The electricity rate for Wednesday has been set at €86.77/MWh in the Greek Energy Exchange, falling below the €100 barrier for the first time since August 2021.
Electricity prices for SMEs capped
After capping electricity and gas prices for the benefit of households, protected consumers and public institutions, the government has now imposed a price cap on electricity supplied to micro, small and medium-sized companies.
Under a regulation adopted by the government on 30 December, the cap will be in force for six months starting from 1 January.
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Bulgaria: Higher Electricity Prices from Today
Today, the Commission for Energy and Water Regulation (EWRC) adopted a decision approving prices in the "Electricity" sector for the new regulatory period 1.07.2022 - 30.06.2023.
From July 1, the price of electricity for household consumers has increased by only 3.4%.
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Trading exchange to help reform Greek power market
Greece plans to launch a power trading exchange next year to reform its electricity market in line with European plans for an interconnected energy grid which will help cut costs and improve energy security, it said on Tuesday.
Greece's wholesale electricity market is currently based on a mandatory pool system.
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PPC warning over planned power auctions
Public Power Corporation (PPC) warned on Thursday it could be hurt by electricity auctions being planned by Athens to open up the country's power market if pricing is too low.
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'Zero sales' lead to power cut
There has been no disruption in the production of electricity. On the contrary, there has been excess electricity production. It is so high that selling electricity has become very cheap; producing and selling electricity actually results in a loss for companies. The best way to avoid losses is ?zero sales.?
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