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The gas crisis continues to have a decisive influence on wholesale electricity prices. (Image: Wolfi30 - Fotolia)
Essen (energate) - The price spiral in wholesale electricity continuesupwards. In the face of the heat and drought in large parts of Europe and the continuing galloping gas prices, the day-ahead broke through the 450 euro mark on Wednesday and landed at 473.20 euros/MWh. The spot market price has only been more expensive once before, in March 2022, when it climbed to over 485 euros/MWh. The front quarter and front year futures contracts peaked this week at well over 300 euros/MW ...
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