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Wholesale price of electricity going down in Slovakia

The wholesale price of electricity in Slovakia has been dropping. At an annual news conference, the Executive President of the Italian energy group Enel, Luigi Ferraris, said that Slovakia’s dominant electricity distributor Slovenské Elektrárne (SE) last year sold electricity for this year at an average of €68 per megawatt hour (MWh) while currently the company is selling electricity for next year at an average of €62 per megawatt hour, according to the SITA newswire.

The wholesale price of electricity in Slovakia has been dropping. At an annual news conference, the Executive President of the Italian energy group Enel, Luigi Ferraris, said that Slovakia’s dominant electricity distributor Slovenské Elektrárne (SE) last year sold electricity for this year at an average of €68 per megawatt hour (MWh) while currently the company is selling electricity for next year at an average of €62 per megawatt hour, according to the SITA newswire.

“The situation in the market [in Slovakia] is tense,” he said, as quoted by SITA.

The Enel group, which holds a 66 percent stake in SE, expects average growth of 1.1 percent in electricity consumption in Slovakia, SITA wrote.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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