The Hungarian power exchange, HUPX, has recorded a notable decrease in electricity prices on its day-ahead market, reflecting shifting demand dynamics and trading activities. In April 2026, the average price settled at €96.55/MWh, marking a substantial drop of 17.8% from the previous month’s average baseload price of €117.4/MWh.
This decline is further underscored by the peak pricing on the day-ahead market, which averaged €60.43/MWh in April, representing a striking 41.6% reduction compared to March figures. Such a significant shift indicates an evolving market landscape where demand may be tapering off.
The trading volume on the day-ahead market also exhibited a downward trend, reaching 2.44 million MWh. This figure signifies a decrease of 12.7% month-on-month from March’s total of 2.79 million MWh and shows a 2% decline year-on-year when compared to April 2025’s volume of 2.49 million MWh.
<pIn contrast, the intraday continuous market demonstrated resilience with total trading volumes reaching 1,087,209 MWh, reflecting a modest increase of 0.2% from March’s levels. This slight uptick suggests that while day-ahead trading is experiencing challenges, intraday transactions may be adapting to new market conditions.
The membership landscape on HUPX has seen some growth as well; there were 120 registered members participating in the day-ahead market in April 2026—an increase of four members compared to the previous month. Meanwhile, the intraday continuous market maintained its participation with 112 registered members.
The recent trends in electricity pricing and trading volumes are indicative of broader shifts within Hungary’s energy sector and could have implications for future regulatory considerations and market strategies among stakeholders in the region.
