The average price on the day-ahead market of the Romanian electricity exchange OPCOM reached 81.7 euros/MWh in May. That is 6% lower compared to the same month in 2023 and 36% higher compared to the previous month when the average baseload price amounted to 59.99 euros/MWh.
Traded volume reached 1.47 million MWh, which is 24% more than in May 2023 and 13% less than in April. Average traded volume in May amounted to 1,974.4 MWh/h.
The total value of transactions in May amounted to 129.8 million euros, which is 23% more compared to May last year and 17% more than in the previous month.
The share of the day-ahead market in forecasted net consumption in May amounted to around 38%.
Traded volume on the intraday market reached 193,954 MWh with an average price of 80.07 euros/MWh.