Europe

Analyst: Electricity prices skyrocket as government action is restricted

Analysts attribute a 62% rise in electricity prices in the Czech Republic, the highest in the European Union, to speculation and limited state action in the first half of this year. According to ENA analyst and secretary general of the Association of Independent Energy Suppliers, Jiri Gavor, the statistics for the first half of this year show that the Czech government avoided all-out aid, unlike other her EU countries. indicates that you have Power prices have surged despite the fact that the Czech Republic exports electricity and the CEZ Group is one of Europe’s largest energy groups, producing 55.9 terawatt hours of electricity last year. Now the situation is gradually improving and market prices are starting to fall.

https://english.radio.cz/analysts-electricity-prices-soared-due-limited-state-action-8765738 Analyst: Electricity prices skyrocket as government action is restricted

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