Article 66a 1.

the existence of very high average prices in wholesale electricity markets of at least two and a half times the average price during the previous five years, and at least 180 EUR/MWh which is expected to continue for at least six months, the calculation of the average price during the previous five years not taking into account those periods where a regional or Union-wide electricity price crisis was declared;

sharp increases in electricity retail prices in the range of 70 % occur which are expected to continue for at least three months.