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Re:Day ahead electricity prices for EU by mechagodzilla on Saturday August 27, 2022 @09:36AM (#32618813)
That would almost certainly be the price per kilowatt-hour, not megawatt-hour, which would make a MWh ~100EUR. Anybody that is getting rich on the energy markets right now is either because they're better at betting on future energy prices than their rivals, or they have the ability to produce electricity when demand for it is extraordinarily high (both of which would qualify as 'a reason').
Re:Day ahead electricity prices for EU by bitL on Saturday August 27, 2022 @09:41AM (#32618883)
Thanks, will need to find the source again and see if it was indeed 0.1/kWh and not MWh (talking about production costs at a cheaper country with nuclear power plants fully paid for in the past).

EDIT: Just found out production costs from another source:

Dukovany Nuclear Power Plant - 20.31EUR/MWh

Temelin Nuclear Power Plant - 34.52EUR/MWh

Re:Day ahead electricity prices for EU by jdross on Saturday August 27, 2022 @09:46AM (#32618946)
10 cents for a megawatt of electricity is an unheard of marginal cost in any situation.

your local costs in the US range from 5-25 cents per kilowatt hour (1/1000 of that), with ideal solar being the cheapest amortized at roughly 3 cents/kwh

Re:Day ahead electricity prices for EU by bitL on Saturday August 27, 2022 @10:07AM (#32619181)
I just cross-checked the source and the claim by one of their members of parliament was the price was 0.25CZK/MWh which is ~0.01EUR/MWh in fact.
Re:Day ahead electricity prices for EU by ravel-bar-foo on Saturday August 27, 2022 @10:26AM (#32619369)
This suggests that either the MP is incorrect, or they were misquoted, or some sort of accounting shenanigans are going on (infrastructure costs already paid for, etc.)
Re:Day ahead electricity prices for EU by bitL on Saturday August 27, 2022 @10:41AM (#32619530)
One of those for sure. My guess is that the MP was trying to score with their voters and bent the numbers.