Romania’s average day-ahead electricity price reached €176.14/MWh in September. The level was up 81.49% compared with the same month a year earlier. The monthly average increased 16.53% from August, when it stood at €151.16/MWh.
Higher wholesale prices contributed to an increase in the value of trades on OPCOM. In September, the day-ahead market recorded approximately 1.212 TWh of traded volume. This represented growth of 4.5% year on year and 2.02% month on month.
The average hourly traded volume was 1,683.9 MWh. The total value of transactions rose to €211.4 million. That figure was up 82.67% from September 2025 and 17.72% from August.
The increase in transaction value outpaced the change in traded volume, indicating that higher prices were the main driver of market expenditure. For participants exposed to spot procurement, the data point to higher costs, with outcomes varying by consumption profiles and existing hedges.
Intraday trading volumes and prices
Intraday trading in September reached 138.4 GWh. This was down 1.97% year on year but up 14.83% from August. The average intraday price stood at €169.88/MWh.
The intraday average price increased by 84.06% year on year and by 38.64% month on month. September’s results also showed that higher electricity costs extended beyond the day-ahead auction.
The higher price environment increased the expense of adjusting positions closer to delivery, based on the intraday pricing and trading activity reported for September.