Gas system interconnection pipelines completed in the EU since 2009 have helped push down wholesale gas prices in the heavily import-dependent Danube region, a price modelling exercise conducted by the Budapest-based Regional Energy Policy Research Centre (REKK) has revealed.
The REKK modelling – which focused on nine EU and five non-EU countries in the area defined by the Danube river basin – found that so far in 2015 the average price in the region has been €24.2 per megawatt hour…