Today, 26 April 2024 marks the first anniversary of day-ahead market operation in Montenegro. The last year was highlighted by significant interest of stakeholders, domestic and foreign, for participation on our market, thus the number of registered market members on MEPX markets since go-live of day-ahead market increased from 14 to 23, with 2 more members in the registration process.
Total traded volume on Montenegrin day-ahead market during 366 delivery days is 410408,2 MWh, with daily average of 1121,3 MWh, while average base price for that same period amounts to 89,50 €/MWh. Average and extreme values of prices and volumes achieved during the last year on Montenegrin day-ahead market are given in the table below.
Price (€/MWh) | Delivery day / hour | Volume (MWh) | Delivery day / hour | |
Average base | 89,50 | – | 1121,3 | – |
Average peak | 90,35 | – | 530,3 | – |
Highest base | 151,29 | 24.08.2023. | 3317,8 | 25.02.2024. |
Highest peak | 170,47 | 30.11.2023. | 1502,0 | 05.11.2023. |
Lowest base | 24,41 | 05.11.2023. | 177,9 | 08.05.2023. |
Lowest peak | 12,11 | 02.07.2023. | 100,0 | 22.10.2023. |
Highest hourly | 273,59 | 26.09.2023. / 20 | 250,0 | 04.12.2023. / 4 |
Lowest hourly | 0,00 | 14.04.2024. / 10,11,14,15,16,17 | 0,0 | 26.09.2023. / 16 |