Electricity prices jumped in Greece, following the emerging European trend
Wednesday, 22 June 2022
Electricity prices jumped in Greece on Tuesday, moving in line with significant increases recorded in other European markets. Wednesday’s electricity price in Greece rose to 312.67 euros per megawatt-hour, while in Germany the price was €323.34/MWh, in France €383.14/MWh, in Italy €369.07/MWh and in Austria €343.94/MWh.
Traders attributed this development to concern over natural gas flows from Russia, while an expected heat wave in country is an additional factor pushing prices higher.