In March 2026, the Hungarian energy exchange HUPX observed a notable rise in electricity prices on its day-ahead market, with the average price reaching 117.4 €/MWh. This figure represents a 3.6% increase from February, where the average baseload price was recorded at 113.29 €/MWh. The fluctuations in pricing are indicative of ongoing shifts within the market dynamics.
During the same period, the average peak price on the HUPX day-ahead market was reported at 103.52 €/MWh, reflecting a significant 15.3% decrease compared to February. This drop suggests a realignment in intraday demand and load distribution patterns, which are critical for balancing supply and demand in real-time trading scenarios.
The total traded volume on the day-ahead market for March amounted to 2.79 million MWh, marking a 5.5% decline month-on-month. However, this volume is still 5.3% higher year-on-year</strong than March 2025's figure of 2.65 million MWh, indicating that despite short-term volatility, the market maintains stable liquidity levels.
On the intraday continuous market, activity surged with a total traded volume of 1,084,927 MWh, reflecting an 11.5% increase from February. This growth underscores the rising significance of short-term balancing trading as market participants adapt to fluctuating demand and supply conditions.
The participation rate in HUPX remains robust, with 116 registered members on the day-ahead market and 108 members on the intraday continuous market. This solid membership base reinforces HUPX’s status as a vital liquidity hub within the regional power landscape, facilitating efficient trading and resource allocation across Southeast Europe.
