Montenegro’s day-ahead power price reached EUR 299.13/MWh on November 4, placing the country among the higher-priced electricity markets in the Western Balkans. The figure appears on the dated regional price map in the latest report by the Institute of Energy for South-East Europe (IENE). The region had entered the first full week of November.
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 remained below Bulgaria, where the day-ahead price was EUR 301.69/MWh, and Albania, which recorded the region’s highest price at EUR 333.03/MWh. Greece was comparatively less expensive, at EUR 279.70/MWh.
The price differences reflect persistently elevated wholesale electricity costs across the Western Balkans, while some southern European markets remain relatively cheaper. However, geographical gaps do not automatically create profitable cross-border trading opportunities. Whether they can be commercially exploited depends on available transmission capacity, cross-border allocation mechanisms, scheduling obligations, network losses and market regulations.
IENE’s weekly electricity generation and consumption tables do not provide a separate supply-demand balance for Montenegro, and the November 4 price map is only a single-day market snapshot. The available figures therefore do not establish Montenegro’s import or export volumes, electricity procurement costs or the financial performance of domestic power generators. A fuller assessment would require additional data from the national power system operator and electricity exchange before conclusions could be drawn about physical supply constraints or utility earnings.