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Region: SEE electricity prices surge in Week 03 of 2025

In Week 03 of 2025, electricity prices in Southeast Europe (SEE) saw an upward trend, driven by increased demand and a drop in wind energy production. All markets in the region, except for Türkiye, experienced two-digit price increases. Romania and Croatia saw the most significant hikes, with price increases of 33.51% and 33.20%, respectively, followed by Bulgaria and Serbia at 31.93% and 31.21%, respectively. Italy had the smallest increase at 12.45%.

In Central Europe, electricity prices also followed an upward trend, with demand rising and gas prices increasing. Prices in all European markets surpassed €130/MWh, and prices in Central Europe ranged between €138–156/MWh. Slovakia recorded the highest prices in the region at €156.09/MWh, marking a 34.53% increase from the previous week. Slovenia followed with €151.55/MWh, and France was the cheapest at €137.71/MWh, although still 53.61% higher than the prior week.

In the southern part of Europe, electricity prices in SEE countries, except for Türkiye, rose above €100/MWh, ranging between €67 and €157/MWh. Türkiye had the lowest average price at €66.96/MWh, while Greece was the second cheapest at €146.17/MWh. Romania’s market had the highest average price at €157.06/MWh, up 33.51% from the previous week, while Serbia’s average price stood at €155.96/MWh.

Electricity demand in SEE countries increased by 10.95% compared to Week 02 of 2025, reaching 18,657.87 GWh. Bulgaria saw the largest rise in demand at 19.77%, followed by Italy with an 18.53% increase and Greece at 15.46%. Türkiye, Hungary, and Romania had more modest increases in demand, at 5.20%, 3.59%, and 1.34%, respectively.

Renewable energy output surged in the region during Week 03, with wind generation increasing by 13.8% to reach 1,386.12 GWh. Solar output remained stable, with a slight 0.2% increase to 344.79 GWh. Hydropower generation saw a 13.56% increase, amounting to 1,751.40 GWh, thanks to higher rainfall. Thermal power generation rose by 4.60%, reaching 6,780.75 GWh, driven by a 4.54% increase in coal-fired generation and a 4.66% rise in gas-fired generation.

Cross-border electricity trade also saw changes, with net electricity imports falling by 18.71% across the region to 1,326.80 GWh. Net electricity exports rose by 137.9%, totaling 267.66 GWh, while imports dropped by 8.6%. Italy recorded a decrease in net imports by 24.14%, while Serbia, Romania, and Hungary saw their net imports increase. Türkiye maintained its position as an exporter, while Greece and Bulgaria also increased their exporting activity.

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