Greek Regulatory Authority for Energy (RAE) will increase the starting price at the upcoming NOME auction in July to 36.3 euros/MWh from the current level of 32.05 euros/MWh.
RAE’s starting price hike proposal resulted from an increase in the price of CO2 emission rights at the European energy exchange as well as PPC cost-related data regarding its lignite and hydro output. The new NOME starting price level is expected to be applied at the next NOME auction scheduled for 18 July and all ensuing sessions until the procedure is reviewed in June next year.
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Tags: electricity, electricity price, Greece, NOME, NOME auction, RAE, regulation