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Electricity Trading in North Macedonia Sees Yearly Volume Growth Amid Price Decline

In April 2026, North Macedonia’s day-ahead power exchange recorded a total electricity trading volume of 117,727.5 MWh. This figure reflects a 6.8% increase from the 97,069 MWh traded in April of the previous year. Despite this annual growth, the trading volume experienced a monthly decline, dropping by 14% compared to March 2026.

The market operator, MEMO, indicated that the average market-clearing price for electricity in April 2026 was €87.8/MWh, which is a significant 7.5% decrease from March’s prices. This reduction suggests a trend towards lower pricing in the market, which could be attributed to various factors including supply dynamics and demand fluctuations.

The average daily trading volume during the month was recorded at 3,924.3 MWh, illustrating moderate liquidity within the market framework. Furthermore, the peak price observed for April stood at €57.8/MWh, indicating that while there were price variations, they remained relatively stable throughout the month.

Nurtured by its establishment in May 2023, North Macedonia’s electricity exchange is progressively solidifying its presence as a pivotal element in the regional power trading arena. As it continues to evolve, stakeholders are closely monitoring its impact on both local and broader Southeast European energy markets.

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