Electricity prices in Serbia today
The wholesale day-ahead price in Serbia is €264.00 per MWh right now, or €0.2640 per kWh. Today's average is €274.52/MWh, −€33.13 against yesterday, and €40.40 above the European average of €234.12/MWh.
- Average today
- €274.52
- /MWh
- Lowest
- €219.09
- /MWh at 12:00
- Highest
- €344.10
- /MWh at 18:00
- In €/kWh
- €0.2745
- /kWh wholesale only
Price for each interval, 7 November 2026
96 of 96 intervals published at 15-minute resolution.
Cheapest electricity hours today
The three cheapest intervals in Serbia today average €219.09/MWh, €55.43 below the day's average of €274.52. The lowest of them is €219.09/MWh at 12:00. Over the last seven days the cheapest hour in Serbia has typically been around 03:00. That is demand, not solar: consumption collapses overnight while hydro and nuclear keep running, which is the shape of a northern market rather than a sunny one.
- 12:00 – 12:15€219.09/MWh
- 12:15 – 12:30€219.09/MWh
- 12:30 – 12:45€219.09/MWh
When is electricity most expensive?
The three most expensive intervals average €344.10/MWh, €69.58 above the day's average. The highest is €344.10/MWh at 18:00. The peak has typically been around 17:00 over the last seven days. It is the hour solar output has fallen but demand has not, which is when gas sets the price.
- 18:45 – 19:00€344.10/MWh
- 18:30 – 18:45€344.10/MWh
- 18:15 – 18:30€344.10/MWh
How Serbia compares with the rest of Europe
Serbia is averaging €274.52/MWh today against a European average of €234.12/MWh — €40.40 more expensive. The cheapest zone in Europe today is north-central Sweden (SE2) at €3.54/MWh, and the most expensive Ireland and Northern Ireland at €453.89. Both are the same market, priced differently because the lines between them are full.
More for Serbia
SEEPEX prices
The day-ahead price for Serbia is set in the daily auction run by SEEPEX, not here. We read the result from the ENTSO-E Transparency Platform, so the figure on this page is the one that auction cleared.
About this market
Serbia is the largest power system in the western Balkans and remains dominated by lignite from the Kolubara and Kostolac basins, which keeps generation costs low and emissions high. It has published day-ahead prices since late 2016, longer than any of its neighbours, and prices below zero on less than one day in a hundred.
Method and source
- Source: ENTSO-E Transparency Platform.
- Market: day-ahead auction. Zone: RS. Timezone: Europe/Belgrade.
- 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.