Electricity prices in Romania 2023

In 2023, the average wholesale day-ahead electricity price in Romania was 0.549 lei /kWh (▼61% vs 2022). Below is the month-by-month breakdown plus a chart of how prices moved through the year.

Year average
0.549 lei /kWh
Cheapest month
December 2023
0.424 lei /kWh
Most expensive month
February 2023
0.748 lei /kWh
2022 average
1.395 lei /kWh
▼ 61%
0.748 lei0.424 lei010203040506070809101112January 2023: 0.724 lei /kWhFebruary 2023: 0.748 lei /kWhMarch 2023: 0.577 lei /kWhApril 2023: 0.522 lei /kWhMay 2023: 0.460 lei /kWhJune 2023: 0.458 lei /kWhJuly 2023: 0.514 lei /kWhAugust 2023: 0.535 lei /kWhSeptember 2023: 0.541 lei /kWhOctober 2023: 0.554 lei /kWhNovember 2023: 0.532 lei /kWhDecember 2023: 0.424 lei /kWh

Monthly breakdown — 2023

MonthRON/MWhRON/kWhMW
January 2023723.79 lei0.724 lei6,470
February 2023748.20 lei0.748 lei6,775
March 2023576.75 lei0.577 lei6,330
April 2023521.74 lei0.522 lei5,978
May 2023460.18 lei0.460 lei5,642
June 2023457.77 lei0.458 lei5,678
July 2023513.71 lei0.514 lei6,081
August 2023535.46 lei0.535 lei5,903
September 2023540.65 lei0.541 lei5,725
October 2023553.95 lei0.554 lei5,751
November 2023532.46 lei0.532 lei6,427
December 2023424.34 lei0.424 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