- For several days, new records of electricity prices have been listed on the Polish Power Exchange
- The price of energy with delivery on POLPX next year has reached over 2.5 thousand. zloty. A little over a year ago, it was PLN 360
- Even if we see a drop in prices in the coming weeks, e.g. by a half, it will still mean a fourfold increase compared to previous years – warns the expert
- We will feel the rising prices by paying for services and goods
- More such information can be found on the main page of Onet.pl
Still on Thursday the price of energy with delivery in 2023 was 2 thousand. PLN 166.29 per MWh, on Friday it jumped by a lot, to 2 thousand. PLN 547.10 – says the Polish Power Exchange. The chart presented there clearly shows that the price is rising almost every day. How are the increases shaped? On June 27, the price of energy for the next year was PLN 1,000. PLN 141, and on August 1 already 1 thousand. PLN 605. Later it continued to grow gradually.
The portal Wysokienapiecie.pl wrote on August 8: “The price of electricity in Poland with delivery in 2023 increased to PLN 1635 / MWh, compared to PLN 360 / MWh, which was paid for this year 12 months ago. This is the highest price ever paid in Poland for a contract to supply energy in the next year“.
The end of the month brought us a jump in growth:
Why are prices soaring? – The increases in energy prices, observed throughout Europe, mainly result from rising gas prices after the reduction of supplies from Russia to the EU – tells us Michał Smoleń, manager of the Energy and Climate program at the Instrat Foundation. – The situation is also aggravated by the technical difficulties of nuclear power plants in France and the ongoing drought in Europe, limiting the generation of electricity in hydropower plants – he adds.
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What does this mean for us, the audience? – Tariffs for households are approved by the Energy Regulatory Office. The government will probably want to protect households against such drastic price increases, but this may require multi-billion compensation for energy producers and distributors – believes Smoleń. As he says, enterprises and local governments may find themselves in an even more difficult situation. – Companies will try to pass the cost increases onto the recipientsraising prices, and the global competitiveness of the European industry will drop significantly – the expert estimates.
– Even if in the coming weeks we see a drop in prices, e.g. by half, it will still mean approx. four times higher than in previous years – draws attention.
Where is the ceiling? – With such high prices, production in many industries will simply cease to be profitable. The fall in consumption may translate into a fall in prices, but at the cost of huge economic losses, he sums up.
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