High electricity prices and lower wind and biomass production will have a substantial impact on tariffs in Q2 2019, the Danish Energy Agency (DEA) said. The public service obligation (PSO) will be set at 6.2 ore, down from 2.1 ore/kWh/kWh on the previous quarter, and far below the 2018 Q2 figure of 14.7 ore/kWh. The DEA said the PSO level was based on forward prices of DKK328 per megawatt-hour in eastern Denmark and DKK320/MWh in the west of the country.
High electricity prices and lower wind and biomass production will have a substantial impact on tariffs in Q2 2019, the Danish Energy Agency (DEA) said. The public service obligation (PSO) will be set at 2.1 ore/kWh, down from 6.2 ore/kWh on the previous quarter, and far below the 2018 Q2 figure of 14.7 ore/kWh. The DEA said the PSO level was based on forward prices of DKK328 per megawatt-hour in eastern Denmark and DKK320/MWh in the west of the country.