In February 2026, North Macedonia’s electricity trading activity on its day-ahead market reflected a modest increase in volume compared to the previous year. The total electricity traded reached 115,796 MWh, marking a 1% rise from 114,665 MWh in February 2025. However, this figure represents a significant decline of 24.3% from January 2026, indicating fluctuations in market demand and trading dynamics.
The electricity market operator, MEMO, reported that the average market-clearing price for February 2026 was recorded at 70.76 euros/MWh. This figure illustrates a substantial decrease of 42.3% compared to January’s prices, suggesting a potential oversupply or reduced demand in the market during this period. The daily average trading volume stood at 4,135.6 MWh, with a peak price reaching 74.1 euros/MWh, highlighting the volatility that can occur within short timeframes.
The establishment of the North Macedonian electricity exchange in May 2023 has been pivotal in shaping the trading landscape. As the market continues to evolve, stakeholders are closely monitoring these trends to understand their implications for future energy policy and market operations in the region.
