Electricity prices in Romania 2023

In 2023, the average wholesale day-ahead electricity price in Romania was 0.547 lei /kWh (▼61% vs 2022). Below is the month-by-month breakdown plus a chart of how prices moved through the year.

Year average
0.547 lei /kWh
Cheapest month
December 2023
0.422 lei /kWh
Most expensive month
February 2023
0.745 lei /kWh
2022 average
1.388 lei /kWh
▼ 61%
0.745 lei0.422 lei010203040506070809101112January 2023: 0.720 lei /kWhFebruary 2023: 0.745 lei /kWhMarch 2023: 0.574 lei /kWhApril 2023: 0.519 lei /kWhMay 2023: 0.458 lei /kWhJune 2023: 0.456 lei /kWhJuly 2023: 0.511 lei /kWhAugust 2023: 0.533 lei /kWhSeptember 2023: 0.538 lei /kWhOctober 2023: 0.551 lei /kWhNovember 2023: 0.530 lei /kWhDecember 2023: 0.422 lei /kWh

Monthly breakdown — 2023

MonthRON/MWhRON/kWhMW
January 2023720.40 lei0.720 lei6,470
February 2023744.71 lei0.745 lei6,775
March 2023574.05 lei0.574 lei6,330
April 2023519.30 lei0.519 lei5,978
May 2023458.03 lei0.458 lei5,642
June 2023455.63 lei0.456 lei5,678
July 2023511.31 lei0.511 lei6,081
August 2023532.96 lei0.533 lei5,903
September 2023538.12 lei0.538 lei5,725
October 2023551.36 lei0.551 lei5,751
November 2023529.97 lei0.530 lei6,427
December 2023422.35 lei0.422 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