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There should not be a repeat of extreme fluctuations experienced by the energy market this year.

Analysts warn that the price of electricity for 2023 is currently around EUR 340/MWh for the German and Czech markets. According to analyst Petr Lajsek, several factors may influence the price development, but we cannot expect strong discounting. He also informed that a reduction below EUR 200/MWh will not come, as natural gas and coal prices will probably remain above average for a long time.

Economist Radim Dohnal of Capitalinked expects the electricity market in Europe to be negatively affected in the future by the situation surrounding the French nuclear power plants, which are facing a prolonged shutdown. The European gas price for delivery next year has been hovering at EUR 100-130/MWh for some time. This current price represents a 50% increase, but is still down on the summer peak. Radim Lajsek thinks it is possible for the gas price on the Dutch exchange to stabilise below EUR 100/MWh.

Filip Louženský announced that coal is said to be experiencing a renaissance and its prices have started to gradually fall. Demand for coal has increased and this is mainly due to the rise in the price of other energy. With the increase in demand, the price of coal has also risen (USD 350/t). Petr Lajsek and Radim Dohnal both expect stagnation or a decline in world prices, and Dohnal warned that the Czech Republic will probably increase coal prices from February.

The most significant growth can be expected in 2023 for biomass or pellets. According to Radim Dohnal, biomass prices cannot be fixed and the supply will sharply increase.