Electricity auction in Greece nets high bid prices

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This year’s first NOME electricity auction kept a hectic pace in Greece last week, closing at over $43.88 per megawatt.

Bids came close to the 2,200 mark, and every bidder reportedly purchased the quantity of future electricity they wanted.

The NOME auction ended above October’s auction’s price by $3.75. 

During the October auction, 11 companies purchased 460 MWh. The auction last week was for a smaller amount of future electricity at 145 MWh.



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