Romania’s electricity trading landscape on OPCOM shifted in April 2026, with day-ahead prices easing from the previous month while short-term activity weakened. The average baseload price on the day-ahead market reached €95.55/MWh, up 10.55% year-on-year but down 9.13% versus March 2026, when it averaged €105.15/MWh. This combination points to a market that is still higher than last year, yet less pressured than it was at the end of the first quarter.
Trading volumes reflected a more cautious stance across the day-ahead segment. Total day-ahead volume amounted to 1.14 million MWh, falling 1.28% compared with April 2025 and dropping more sharply by 15.97% relative to March 2026. Average hourly traded volume stood at 1,582.4 MWh/h, indicating slower throughput during the month and a reduction in near-term market momentum.
Financial turnover moved in line with the volume trend, but with a mixed year-on-year picture. The total value of day-ahead transactions reached €115.1 million, up 7.72% versus April 2025 when it was €106.8 million, yet down 22.32% compared with March 2026 at €148.1 million. Despite the decline versus March, the day-ahead market still accounted for 31.66% of forecasted net consumption in April 2026, suggesting participation remained steady relative to system demand.
On the intraday market, April brought a clearer contraction in activity alongside lower prices. A total of 147,579.2 MWh was traded, down 29.28% year-on-year and 6.65% month-on-month from March levels. The average intraday price was €56.18/MWh, which was 20.49% lower than April 2025 and 36.17% below March 2026, indicating reduced short-term price pressure and greater downward volatility in intraday trading conditions.
Taken together, the April figures show a Romania market where both pricing and liquidity softened after March: day-ahead baseload fell by 9.13% month-on-month while intraday volumes declined and intraday prices dropped even more sharply versus March. With day-ahead participation still representing 31.66% of forecasted net consumption, the month’s dynamics appear less about withdrawal from the market and more about reduced trading intensity as prices eased across timeframes.