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New record for the price tag of electricity in Belgium

The price tag of electric power in Belgium exceeds 600 euros per megawatt hour for the initial time. This is evident from the facts from the Epex Location electricity exchange.

For energy equipped on Tuesdays, the normal value on Monday is EUR 603.38 for each megawatt hour. This instantly breaks the brand name new Sunday record – € 561.94. The highest stage just before then – 541 euros – was only dated August 17th.

The fundamental leads to are the exact. The value of electrical energy has been pushed up by the price of gasoline in Europe, which has historically been superior since the outbreak of the war in Ukraine. But very low drinking water levels and various French nuclear electrical power crops that have been decommissioned are also driving the rate up additional. Furthermore, in continental Europe there is no wind and temperatures will return to 30 degrees in the following several days, so considerably so that additional individuals turn on the air conditioning, for case in point.

Due to the even higher prices in France and Germany, electric power is exported en masse, ensuing in higher charges in our country.

Historically higher costs for electricity and natural gasoline are also reflected in domestic costs. All those who have to conclude a new strength contract in August can anticipate an unparalleled record selling price. For electrical power, the believed regular annual monthly bill rises to € 2,154.58, for natural gas to € 3,791.10. This was shown final 7 days by data from the Flemish strength regulator Vreg.

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