Electricity price history for Montenegro
Over the last 30 days the wholesale price in Montenegro averaged €252.70 per MWh. The cheapest day was 11 October 2026 at €165.39, the most expensive 5 November 2026 at €322.17.
Daily average, last 30 days
| Day | Average €/MWh | Low | High |
|---|---|---|---|
| 6 Nov | €312.87 | €260.00 | €395.00 |
| 5 Nov | €322.17 | €241.08 | €400.03 |
| 4 Nov | €299.13 | €235.00 | €355.00 |
| 3 Nov | €302.80 | €225.03 | €365.00 |
| 2 Nov | €287.34 | €226.03 | €350.04 |
| 1 Nov | €268.16 | €233.00 | €334.19 |
| 31 Oct | €281.15 | €238.03 | €352.55 |
| 30 Oct | €313.98 | €240.03 | €407.17 |
| 29 Oct | €312.80 | €214.02 | €555.09 |
| 28 Oct | €266.41 | €192.08 | €399.99 |
| 27 Oct | €230.55 | €153.69 | €309.28 |
| 26 Oct | €238.55 | €151.05 | €310.08 |
| 25 Oct | €219.16 | €152.00 | €280.00 |
| 24 Oct | €234.08 | €164.97 | €280.00 |
| 23 Oct | €246.60 | €176.40 | €305.00 |
| 22 Oct | €238.93 | €111.64 | €330.07 |
| 21 Oct | €254.26 | €167.06 | €320.07 |
| 20 Oct | €294.77 | €211.06 | €395.00 |
| 19 Oct | €276.23 | €210.04 | €360.03 |
| 18 Oct | €236.68 | €150.08 | €305.00 |
| 17 Oct | €227.93 | €125.08 | €315.00 |
| 16 Oct | €239.78 | €150.00 | €325.00 |
| 15 Oct | €223.17 | €153.94 | €299.99 |
| 14 Oct | €209.17 | €140.00 | €292.14 |
| 13 Oct | €206.40 | €162.66 | €262.00 |
| 12 Oct | €208.46 | €126.07 | €320.00 |
| 11 Oct | €165.39 | €59.98 | €253.00 |
| 10 Oct | €232.04 | €147.08 | €330.01 |
| 9 Oct | €223.39 | €141.08 | €295.00 |
| 8 Oct | €208.80 | €154.57 | €273.07 |
The cheapest and most expensive days on record
Across 1,291 days of records for Montenegro, going back to 27 April 2023, the cheapest day averaged €11.55/MWh on 15 February 2026 and the most expensive €322.17/MWh on 5 November 2026 — €310.62 apart.
How prices have changed over a year
Over the last 30 days Montenegro averaged €253.55/MWh. The same 30 days a year earlier averaged €119.21/MWh — €134.34 more.
The comparison is against the same weeks a year earlier rather than the previous month, because electricity is seasonal: measuring September against August would measure the calendar rather than the market.
About this market
Montenegro is small, hydro-heavy, and connected to Italy by a subsea cable that makes it a transit point between the Balkans and the Italian market. Its day-ahead prices have been published since April 2023 and have never once gone below zero — a market this tight has no surplus to give away.
Method and source
- Source: ENTSO-E Transparency Platform.
- Market: day-ahead auction. Zone: ME. Timezone: Europe/Podgorica.
- The daily average is the arithmetic mean of every published interval of the local day, not weighted by volume.
- This is a wholesale price. Network charges, levies, taxes and supplier margin are not included, and a household tariff is typically several times higher.
History grows daily as we collect. Longer ranges, monthly and yearly averages and volatility follow once the archive is backfilled. Today's prices in Montenegro.