2024 Q3: Slight Increase In The Average Electricity Price On the Competitive Market
The President of URE has published a notice on the average selling price of electricity on the competitive market in the third quarter of 2024. Compared to 2024 Q2 (497.89 PLN/MWh), the price increased by 5.7 percent to 526.24 PLN/MWh.
The current average electricity price in this market was more than 28 percent lower than in 2023 YTY.
Chart 1. Average electricity selling price on the competitive market from 2021 Q4 to 2024 Q3 (PLN/MWh)
Source: URE.
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- The average electricity selling price on the competitive market includes energy sales (sales volume and value of energy sold) made by generators and trading companies in the competitive segments of the Polish wholesale electricity market, which means the sales to trading companies under bilateral contracts and through power exchanges (TGE, EPEX SPOT SE and NORD POOL).
- For vertically consolidated groups, the electricity sales volume and the value of sales to trading companies outside the corporate groups and to the power exchange were considered in the price calculation.
- Sales of electricity to the balancing market (due to its technical nature) are not included in the average value calculation.
For more data on average prices and indicators calculated and published by the President of URE, see: Electricity / Prices and Indicators
Publication date: 23.01.2025