MPI - Electrical power, distribution & production - Price Index (Euro/ton)
Electricity - Overview
The electricity price index reflects the development of electricity prices over time and serves as a key tool for analyzing cost changes in the electricity market. The index is influenced by factors such as weather conditions, fuel prices, supply and demand, storage levels, and production from various energy sources – including hydropower, nuclear, wind, and solar. Since electricity prices can vary significantly from day to day and between regions, a reliable index is essential for tracking market movements and making informed decisions. Companies, public sector organisations, and procurement professionals use the electricity price index to support budgeting, pricing, risk management, and contract negotiations.
About energy prices
Electricity prices generally reflect the cost to build, finance, maintain, and operate power plants and the electricity grid. The price of electricity is partially dependent on the various energy sources, such as coal, gas, oil, as well as renewable or nuclear sources.
Changes in electricity prices are dependent on various factors like electricity demand, availability of generation sources, fuel costs, and power plant availability.
How can we help?
The Prognos System gathers data from multiple sources to give you up to data in one place. Access the electricity price index charts and cost data you need to stay up to date and gain unique insights into energy indices, prices, forecasts, and trends. Prepare your fact-based negotiations with Prognos to get the most out of your suppliers, with data for the cost of electricity tailored for your specific situation.
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