While OPCOM announces that it is celebrating 22 years, the price of energy on the DAM segment jumps by 450 euros, for the time interval 21-22.00 with delivery tomorrow, August 10, 2022.

OPCOM’s new July monthly report highlights an average price increase of 59.5% in real terms (relative to the euro) compared to June 2022. But compared to July 2021, last month DAM recorded a 291% increase in real terms reals, that is, almost a quadrupling of the price from 93.84 euros to 367 euros per MWh.

DAM also had a high market share in July, over 52% of the forecasted net consumption. The value of transactions compared to June 2022 increased by 72.5%, to 880.8 million euros, against the background of a volume (number) of transactions higher by only 9.2%.

Compared to July 2021, DAM volume of transactions increased by 18.3% and the market share increased by 27%, which means fewer transactions in the other segments.

On the PCCB-LE-FLEX segment, the bilateral contracts were traded at an average price of 393 euros/MWh in the long term, and those with delivery in July, with a market share of 35.5%, had a weighted average price of 105.76 euros/MWh.

Autor: Bogdan Tudorache

Active in the economic and business press for the past 26 years, Bogdan graduated Law and then attended intensive courses in Economics and Business English. He went up to the position of editor-in-chief since 2006 and has provided management and editorial policy for numerous economic publications dedicated especially to the community of foreign investors in Romania. From 2003 to 2013 he was active mainly in the financial-banking sector. He started freelancing for Energynomics in 2013, notable for his advanced knowledge of markets, business communities and a mature editorial style, both in Romanian and English.