Jointly into the future
The current market situation is tense, and electricity prices are at record levels. We will work with you to find the right procurement strategy for your company.
Tense market situation
In recent weeks and months, market prices have been going upwards consistently. Companies that have not yet secured their electricity supply for 2022 are coming under increasing pressure.
In the past week, prices have settled at a high level, but a decline in prices is not expected due to the tense market situation. The reference markets for gas and coal in particular are driving up electricity prices, which are expected to remain high as winter approaches.
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Frequently asked questions
We recommend that you sign an electricity supply contract as soon as possible. In the current market situation, there are basically two ideal procurement strategies:
- Strategy 2022 now: You complete the 2022 supply year as quickly as possible and wait until after the cold winter and spring months to procure what you need for the following years. We believe that market price stability for 2023 and beyond will be possible as of next year.
- Multi-year mixed price strategy: You sign up for a mixed-price offer, where you compensate for the high-price supply year 2022 with subsequent years of favourable prices. Risk-free price security in the following years.
If you don't extend your contract before the end of the year, the grid operator will cover you under its substitute supply arrangement. This has several disadvantages for your company that could have a financial impact. Most grid operators charge a penalty fee for including a customer in the substitute supply. In addition, you pay the applicable spot market price, are at the mercy of the market prices at all times, and are therefore unable to plan your electricity costs.