How much does electricity cost in Romania?

In April 2025, the average wholesale electricity price in Romania amounted to 87.21 euros per megawatt-hour. Wholesale electricity prices in the country peaked in August 2022, surpassing 490 euros per megawatt-hour. Add this content to your personal favorites. These can be accessed from the favorites menu in the main navigation.

How much electricity did Romania import in the first quarter of 2019?

In the first quarter of 2019, Romania imported 80% more electricity and exported 50% less electricity compared with the same period in 2018. In the first quarter of 2019, Romania imported 1.13TWh compared with 0.63TWh in the same period of 2018 and exported 0.86TWh compared with 1.83TWh in the same period of 2018.

Where do electricity companies buy electricity in Europe?

Most electricity companies in Europe buy electricity on a common market place, such as Nord Pool. All power plants that produce electricity and electricity companies that supply electricity to homes and businesses meet there. Based on supply and demand, prices are set for each hour and each area, one day in advance.

What determines the price of electricity in Europe?

Supply and demand determine the price of electricity in Europe. If there is a high production of electricity from power plants and demand is low, the price will fall. If, on the other hand, the production of electricity is small and demand is high, prices will increase.

What is Europe's electricity market?

Europe's electricity market is characterized by a diverse array of energy sources. The main source of electricity across the continent varies by region, reflecting different geographical and economic factors. In many European countries, nuclear energy and natural gas are significant contributors to the electricity mix.