Electricity Prices Hit Historic Lows
Electricity prices will be very low on Sunday. The average price is 0.18 euros per MWh. Several prices will be negative.
On March 29th, 2024, the wholesale electricity market reached a historic low of 18 cents per megawatt hour. This happened during the energy crisis because of the war in Iran. Prices have fallen a lot since last week. They are lower than they were in 2013. The market is called the ‘pool’.
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Highlights
Record Low Electricity Prices
Electricity prices will be very low on Sunday, at 0.18 euros per MWh.
Historic Market Price
The wholesale market recorded 18 cents per MWh on March 29th, 2024.
Dramatic Price Decrease
Prices have fallen dramatically since the previous week.
Iran War Impact
The Iran war is causing the energy crisis.
Lowest Prices in Years
This will be one of the ‘tirados’ (easy) days in history.