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RAE: Increased compensation prices for electricity producers in September

Compared to August, the prices that electricity producers will receive in September will be significantly increased, according to the RAE decision that determines the maximum compensation prices for electricity producers for the following month. The increase in prices is mainly the result of the rise in international natural gas prices and secondarily carbon dioxide emission rights.

The detailed prices for the next month are:

– For lignite units 214.22 euros per megawatt hour (from 205.38 in August)

– For combined cycle natural gas units 564.18 euros per megawatt hour (from 422.39 in August)

– For open cycle natural gas units 797.3 euros per megawatt hour (from 594.76 in August)

– For hydroelectric and RES, the prices remain at 112 and 85 euros respectively.

The difference in the price of electricity that is formed daily on the Stock Exchange from the maximum prices determined monthly by RAE is directed to the Energy Transition Fund and finances the majority of the subsidies for the electricity bills of households and businesses.

Source: Capital

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