According to information provided by the ERO, the average price of electricity sold by generators under bilateral contracts (OTC contracts concluded on the OTC market) in Q2 2021 was PLN 252.17 / MWh. Taking into account the corresponding quarters of the last 10 years, it was the highest average energy price.
The statement of the Energy Regulatory Office shows that contracts concluded long (one or two years) in advance had a significant impact on the level of this price, therefore the published price may not reflect current market conditions.
The price was calculated on the basis of data provided by producers and covered the sale of electricity from own production.
The announcement also stated that the total volume of electricity sold in the second quarter of 2021 in OTC contracts amounted to approx. 5 TWh and was the lowest in 10 years.