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"We are dealing intensively with the situation", said THE managing director Torsten Frank. (Image: Trading Hub Europe)
Ratingen/Berlin (energate) - Trading Hub Europe (THE) spent around 450 million euros on balancing energy from 1 October to 20 December. This results from the publications of the market area manager. Sales and purchases of balancing energy are taken into account. The extremely high prices are responsible for the high expenditure; the quantities have not changed significantly compared to previous years. In December, the average procurement price was 111.00 euros/MWh. On 21 Decembe ...
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