Romania: Average day-ahead price 108.5 euros/MWh in March, SEE Energy News
Traded volume on day-ahead market of the Romanian energy exchange OPCOM in March reached 1.44 million MWh – 29% less than in March 2022 and 7% less than in previous month. Average traded volume in March 2023 amounted to 1,944 MWh/h.
The average price of electricity amounted to 108.48 euros/MWh in March 2023, which is 60% lower compared to the same month in 2022 and 24% higher compared to February, when average baseload price amounted to 142.5 euros/MWh.
The total value of transactions in March fell by 72% compared to March last year and amounted to 159.8 million euros.
The share of day-ahead market in forecasted net consumption in March 2023 amounted to 33%.
A total of 88,501.2 MWh was traded on intraday market in March with an average price of 107.8 euros/MWh.
Total traded volume for bilateral contracts with delivery in March amounted to 1.208 million MWh, with an average price of 178 euros/MWh.