Supported byClarion Energy
HomeElectricityRomania: Average day-ahead...

Romania: Average day-ahead OPCOM price rose in January

The average price of electricity on day-ahead market of the Romanian energy exchange OPCOM amounted to 52.8 euros/MWh in January 2020, which is 29.61 % lower compared to the same month in 2019 and 29.13 % higher compared to the previous month, when average baseload price amounted to 40.89 euros/MWh. Traded volume in January reached 2.853 million MWh, which is 21.19 % more than in January 2019, and 37.72 % more than in December 2019. Average traded volume in January 2020 amounted to 2,853.3 MWh/h. The total value of transactions in January amounted to 153.49 million euros, which is by 40.8 % lower compared to January last year (184.86 million euros) and 72.25 % higher than in the previous month (89.11 million euros).

The share of day-ahead market in forecasted net consumption in January 2020 amounted to 54.35 %. A total of 62,543.2 MWh was traded on intraday market in January, with an average price of 41.5 euros/MWh. Total traded volume for bilateral contracts with delivery in January amounted to 1.597 million MWh, with an average price of 55.93 euros/MWh.

Supported byClarion Owners Engineers
Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania extends 25% diesel excise reduction through 15 October

Romania has extended its 25% excise-duty reduction on standard diesel through 15 October. The measure is set to continue into October after being previously applied during September. The extension keeps the tax relief in place while higher international prices...

Transelectrica launches €90.4m digital upgrade for Alba Iulia 220/110/20 kV substation

Romanian transmission operator Transelectrica has launched a €90.4 million upgrade of its Alba Iulia 220/110/20 kV substation, excluding VAT. The project is intended as a pilot for broader digitalisation of the national grid. The scope links substation equipment with...

Rezolv financing up to €561 million for 1.3 GW Dama Solar in Romania

Rezolv Energy has secured financing of up to €561 million for its 1.3 GW Dama Solar development in western Romania, enabling the project to move into construction ahead of planned commercial operation in the second half of 2028. The...
Supported byVirtu Energy