Electricity day-ahead prices moved unevenly across Southeast Europe on October 8. Hungary’s HUPX settled at €214.28/MWh, up €3.50 from the previous day. Its premium versus Germany widened to €74.93/MWh, compared with about €18.80. German prices fell by €52.70 to €139.35/MWh.
The regional divergence meant the German drop did not translate into comparable relief in southeastern markets. Serbia recorded the steepest daily fall among the exchanges covered, with SEEPEX down €18.60 to €179.39/MWh. That represented a decline of about 9.4%. Serbian power cleared at €34.89/MWh below Hungary and €29.41/MWh below Montenegro.
The lower Serbian price did not reflect an export surplus. The reported power balance still showed Serbia importing an average of 988 MW. Daily average spreads were also noted as insufficient to determine tradable margins, which depend on hourly pricing, available capacity and transaction costs.
Montenegro, Romania and Bulgaria prices cluster above €208/MWh
BELEN, Montenegro’s exchange price, rose by €11.40 to €208.80/MWh. The increase brought Montenegro closer to Romanian and Bulgarian levels and narrowed its discount to Hungary to €5.48/MWh. Romania’s OPCOM settled at €209.45/MWh, up €0.70. Bulgaria’s IBEX increased by €9.80 to €208.40/MWh.
Hungary, Romania, Bulgaria and Montenegro formed a relatively tight group above €208/MWh. Albania remained the most expensive market in the report at €221.53/MWh, up €9.40. Greece was the cheapest at €165.25/MWh, followed by North Macedonia at €167.78/MWh. The Albania–Greece spread reached €56.28/MWh.
Croatia and Slovenia eased, with Croatia’s CROPEX at €200.81/MWh, down €3.50, and Slovenia’s BSP at €197.10/MWh, down €5.10. Italy slipped by €1.40 to €218.84/MWh. Italy retained a premium of about €10/MWh over Montenegro.
Renewables forecasts rise while net imports fall; forward prices strengthen
The regional outlook pointed to stronger renewable availability alongside modestly higher demand forecasts. Forecast average consumption increased by