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The price of electricity has reached its highest level this year in Belgium: two factors explain it


The price of electricity on the wholesale market reached its highest level of the year on Tuesday evening in Belgium, exceeding 500 euros per megawatt hour. In question: high demand related to heat and a limited offer, in particular due to the temporary stop of the Doel 4 reactor.



The price of electricity on the wholesale market has reached its highest level this year in Belgium on Tuesday evening, reports from Tijd to its website. It is a combination of high demand for air conditioning due to hot weather, in particular, and a lower offer, partly due to the temporary maintenance of Doel 4.

The “Day Ahead” price on the wholesale market (EPEX) amounts to 517.57 euros per megawatt hour on Tuesday between 8:00 p.m. and 9:00 p.m. and 500 euros between 9:00 p.m. and 10:00 p.m. This is the highest level this year and a remarkably high level for summer months.





This level was only reached during the 2022 energy crisis, written by Tijd. A price above 500 euros per megawatt hour is very exceptional anyway.

camila.flores
camila.flores
Camila writes about Latin American culture, exploring the rich traditions, music, and art of the vibrant communities across the continent.
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