Tag: electricity price

HUDEX selected as reference energy exchange until 2022 – Montenegro, 11 December 2019

Last week, Montenegrin Regulatory Agency for Energy (RAE) selected the Hungarian energy exchange HUDEX as reference exchange until 2022. It already acted as reference exchange since 2017. For the three-year period, the quarterly average daily futures prices derived from base and peak energy price Full article available for subscribers of Energy NEWS service (PDF publications, […]

ArcelorMittal suspends production due to high energy prices – Romania, 12 December 2019

Steel manufacturer ArcelorMittal announced that, starting 1 December, it temporarily suspended production at its steel plant in Hunedoara, Romania. The company said that the decision was made due to the high electricity and natural gas prices. The prices of electricity and natural gas have increa Full article available for subscribers of Energy NEWS service (PDF […]

Electricity price could increase by a maximum of 1.6 % in 2020 – Montenegro, 03 December 2019

According to Montenegrin media, electricity price could increase by a maximum of 1.6 % in 2020 due to regulatory constrains, but it is very likely that the price will actually drop by 0.7 as of 1 January. The Energy Regulatory Agency (RAE) announced that the cost of using the transmission and dis Full article available […]