eu power prices eurelectric electricity record 2024

2024, record year for EU power sector – wholesale electricity prices decreased by 16%

03 January 2025 - Power demand didn’t pick up since the crisis primarily due to low industrial consumption, according to Eurelectric

Greek system sees almost zero electricity price at night for the first time

Day-ahead electricity price in Greece slumps to near zero at night for first time

14 October 2024 - In Greece's day-ahead electricity market, the price tumbled to almost zero for the first time for a nighttime hourly segment

Greece aims to change its power market model to reduce prices

Greece to change its power market model to reduce prices

19 August 2024 - The Greek government intends to facilitate a decrease in wholesale power prices with a new market model

Renewable energy curtailments already surpassed 2023 levels in Greece

Renewable energy curtailments already surpassed 2023 levels in Greece

30 April 2024 - An unusually hot spring has weakened electricity demand and prices in Greece, while also increasing curtailments

ACER: Explosion of negative electricity prices in EU in 2023

26 March 2024 - Although the rapid expansion of renewables played a part, other factors specific to 2023 might have influenced the increase, ACER said

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Greek renewables price cap creates problems for PPA contracts

21 September 2022 - The low price cap set by the Greek government for renewables creates an issue for PPA contracts, which must be resolved soon

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