Week 35 of 2025 showed a varied pattern in electricity market prices across Southeast European countries compared to Week 34. Most markets recorded weekly average prices below €100/MWh, except Italy, which had the highest electricity price among the analyzed markets. Throughout the week, prices in most SEE countries hovered around €80/MWh, peaking on August 29 and declining by the end of the week. Croatia and Italy saw the highest percentage increases in electricity prices at 4.06% and 3.55%, respectively. Hungary followed with a 3.05% rise, while Romania and Serbia recorded increases of 2.05% and 0.92%. In contrast, Türkiye, Greece, and Bulgaria experienced lower electricity prices by 7.95%, 2.51%, and 1.52%, respectively.
During the fourth week of August, most major European electricity markets had weekly prices below €85/MWh, showing mixed performance. While most markets saw price increases, France and Belgium experienced declines. Central European countries generally maintained consistent prices around €78/MWh. Electricity prices in the region ranged between €56/MWh and €90/MWh. Germany was the most expensive market with an average of €90.19/MWh, a 12.29% increase from Week 34, followed by the Czech Republic at €89.06/MWh. France recorded the lowest price in Central Europe at €55.56/MWh, a weekly decline of 4.99%. The European weekly average electricity price in Week 35 was approximately €82/MWh, ranging from €55.56/MWh in France to €109.82/MWh in Italy. In the MIBEL markets, Spain saw a moderate price decline of 3.84% to €65.37/MWh, while Portugal recorded a 3.76% drop to €65.45/MWh. In Southern Europe, all SEE countries had prices below €90/MWh except Italy. Prices in the region ranged from €59/MWh to €110/MWh, with Türkiye posting the lowest weekly average at €59.03/MWh and Greece the second cheapest at €75.85/MWh. Italy had the highest average price at €109.82/MWh, up 3.55% from the week of August 18. Hungary and Croatia followed with €85.12/MWh and €84.65/MWh, making them the second and third most expensive SEE markets. Daily peaks in most SEE markets occurred on Friday, August 29, with the lowest prices on Sunday, August 31.
Electricity demand in the SEE region increased by 1.57% in Week 35 compared to Week 34, reaching 17,028.73 GWh. This growth was driven by rising demand in Italy and Hungary, while the rest of the SEE countries recorded lower demand. Türkiye and Bulgaria experienced the largest declines at 3.00% and 2.71%, followed by Greece at 1.52%. Italy and Hungary were the only countries with growth in electricity demand, increasing by 9.63% and 10.03%, respectively.
Generation from variable renewables in the SEE markets rose by 10.1% compared to Week 34, totaling 3,556.76 GWh. Wind power generation increased by 22.8% to 1,667.86 GWh, while solar generation rose slightly by 0.8% to 1,888.90 GWh. Most SEE countries saw higher wind output, with Greece and Türkiye recording the largest gains at 64.2% and 48.1%. Solar generation increased in six out of eight SEE countries, with Bulgaria and Romania showing the highest percentage rises at 32.4% and 12.6%. Hydropower output fell by 4.66% to 2,040.84 GWh, mainly due to declines in all SEE countries except Italy, Hungary, and Romania. Bulgaria and Türkiye experienced the largest drops in hydropower generation at 57.64% and 28.29%, while Croatia saw a 10.72% increase. Thermal power generation fell by 1.99% to 7,795.66 GWh, with coal-fired output rising slightly by 1.11% to 3,523.42 GWh and gas-fired generation dropping by 4.41% to 4,272.24 GWh. Türkiye’s coal generation increased by 1.06%, while gas-fired output fell 27.41%. Bulgaria’s coal output declined by 2.19%, while gas-fired generation rose 11.04%. Greece produced no electricity from coal and saw a 4.27% decline in gas-fired generation.
Net electricity imports in the SEE region decreased by 5.05% in Week 35 compared to Week 34, totaling 948.42 GWh. Exports fell by 11.0% to 214.84 GWh, and imports decreased by 35.4% to 1,163.26 GWh. Romania, Hungary, and Serbia saw lower net imports by 44.01%, 29.58%, and 4.57%, respectively, while Croatia’s net imports rose by 18.15%. Greece and Bulgaria shifted from importing to exporting, recording net exports of 16.26 GWh and 105.39 GWh, while Türkiye remained an exporter with net exports increasing by 137.99%.
