North Macedonia day-ahead volume rises 27.6%, price climbs 49.3%

North Macedonia’s day-ahead electricity market traded 186,900 MWh in October, with trading data showing a 27.6% increase from October 2025. The average market-clearing price rose 49.3% from September to EUR 224.74/MWh.

Total volume was 4.3% above the previous month, compared with 146,498 MWh in October 2025. Average daily traded volume reached 6,029 MWh.

The average market-clearing price climbed to EUR 224.74/MWh. The reported October peak-price average stood at EUR 210.9/MWh.

Tighter regional conditions lifted wholesale power costs across Southeast Europe. The increase in trading volumes and price levels indicates that North Macedonia’s market is becoming more embedded in regional short-term trading patterns, with domestic participants increasingly exposed to price signals from neighbouring Balkan and Central European markets.

Operating since May 2023, North Macedonia’s organized day-ahead electricity exchange is seeing continued growth in traded volumes. This is gradually improving the exchange’s role in transparent price formation and short-term portfolio management.

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