Electricity prices in Romania 2023

In 2023, the average wholesale day-ahead electricity price in Romania was 0.543 lei /kWh (▼61% vs 2022). Below is the month-by-month breakdown plus a chart of how prices moved through the year.

Year average
0.543 lei /kWh
Cheapest month
December 2023
0.420 lei /kWh
Most expensive month
February 2023
0.740 lei /kWh
2022 average
1.379 lei /kWh
▼ 61%
0.740 lei0.420 lei010203040506070809101112January 2023: 0.716 lei /kWhFebruary 2023: 0.740 lei /kWhMarch 2023: 0.570 lei /kWhApril 2023: 0.516 lei /kWhMay 2023: 0.455 lei /kWhJune 2023: 0.453 lei /kWhJuly 2023: 0.508 lei /kWhAugust 2023: 0.529 lei /kWhSeptember 2023: 0.535 lei /kWhOctober 2023: 0.548 lei /kWhNovember 2023: 0.526 lei /kWhDecember 2023: 0.420 lei /kWh

Monthly breakdown — 2023

MonthRON/MWhRON/kWhMW
January 2023715.67 lei0.716 lei6,470
February 2023739.81 lei0.740 lei6,775
March 2023570.28 lei0.570 lei6,330
April 2023515.89 lei0.516 lei5,978
May 2023455.02 lei0.455 lei5,642
June 2023452.63 lei0.453 lei5,678
July 2023507.95 lei0.508 lei6,081
August 2023529.45 lei0.529 lei5,903
September 2023534.59 lei0.535 lei5,725
October 2023547.73 lei0.548 lei5,751
November 2023526.49 lei0.526 lei6,427
December 2023419.58 lei0.420 lei6,604

Romania's electricity grid combines a balanced mix of nuclear (Cernavodă, ~20% of supply), hydro (~25%), gas (~15%), coal (~12%) and rapidly-growing wind and solar (~25% combined). Transelectrica operates the RO bidding zone synchronously coupled to Bulgaria, Hungary, Serbia and Ukraine, with the Bucharest-area OPCOM running day-ahead trading. The Cernavodă plant's two CANDU reactors will be joined by a third and fourth unit currently under refurbishment-and-newbuild contracts with EDF, AECL and Korea's KHNP — first concrete on Cernavodă-3 is targeted for 2026.

Romania is uniquely positioned among EU members to host SMRs: the first US-designed NuScale modular reactors are planned for the Doicești coal-plant site, with commercial operation in 2030. Coal phaseout follows a court-mediated 2032 deadline.

The Iron Gates 1 hydropower complex on the Danube — co-owned with Serbia at 1 100 MW each — remains one of Europe's largest run-of-river plants.

Current electricity prices in Romania