Montenegro’s day-ahead power price reached EUR 299.13/MWh on November 4, placing the country among the Western Balkans’ higher-priced electricity markets as the region entered November’s first full week. The figure appears on the dated regional price map in the latest report by the Institute of Energy for South-East Europe (IENE).
Montenegro’s price was EUR 6.68/MWh above Serbia’s EUR 292.45/MWh and EUR 4.24/MWh higher than Croatia’s EUR 294.89/MWh. It was lower than Bulgaria’s EUR 301.69/MWh and Albania’s regional high of EUR 333.03/MWh. Greece recorded a comparatively lower price of EUR 279.70/MWh.
The figures show that wholesale electricity costs remained elevated across the Western Balkans, while some southern European markets were relatively less expensive. Price differences between countries do not, by themselves, establish whether cross-border trades can be profitable. Available transmission capacity, cross-border allocation mechanisms, scheduling obligations, network losses and market regulations also affect whether those differences can be commercially exploited.
IENE’s weekly electricity generation and consumption tables do not give a separate supply-demand balance for Montenegro, and the November 4 price map is only a single-day market snapshot. The figures therefore do not establish Montenegro’s import or export volumes, electricity procurement costs or the financial performance of domestic power generators. Assessing the country’s electricity market more fully would require additional data from the national power system operator and electricity exchange before drawing conclusions about physical supply constraints or utility earnings.