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Albania among the most expensive energy markets in the region, price 14% higher than in Greece

2026-11-11 11:54:00 / EKONOMI&SOCIALE ALFA PRESS

Albania among the most expensive energy markets in the region, price 14% higher

Albania was among the countries with the highest electricity prices in the wholesale market during 2025, recording an average of 118.2 euros per megawatt-hour (MWh), about 14% more than Greece and 9.5% more than North Macedonia.

The data comes from the latest report by the European Union Agency for the Cooperation of Energy Regulators (ACER), which is available to ekofin.al and which analyzes the integration of European energy markets and price differences between countries.

According to the report, the average price in Albania increased by 6.2 euros/MWh compared to 2024, while in Greece the increase was only 2.7 euros/MWh. This means that the difference between the two markets widened even further over the past year.

In Greece, the average price of energy in the day-ahead market was 103.6 euros/MWh, or 14.6 euros lower than in Albania. Meanwhile, in North Macedonia and Serbia the price was 107.9 euros/MWh, in Bulgaria 106.9 euros/MWh and in Montenegro 113.3 euros/MWh.

 

Kosovo resulted in the highest price among these markets, 118.5 euros/MWh, only 0.3 euros above Albania.

ACER highlights that the Western Balkan countries that are part of the Energy Community remained among the most expensive markets in the region, with Albania, Kosovo and Montenegro recording prices around 10–15 euros/MWh higher than neighboring European Union countries.

The price increase during 2025 was general in the region, but at different rates. Montenegro recorded the largest increase, of 14.8 euros/MWh, while in Kosovo the price increased by 4.5 euros/MWh, in North Macedonia by 5.5 euros/MWh and in Serbia by 6.1 euros/MWh.

Disjointed markets, large price differences

One of the problems highlighted by ACER is the lack of full integration of energy markets in Southeast Europe, which affects the maintenance of price differences between countries.

In the European Union markets that are already unified, prices are close for most of the year. While in the regions where the markets are not unified, the differences remain larger.

Albania presents a striking contrast in this regard. With Kosovo, where the common energy market operates, prices had a difference of less than 1 euro/MWh in 99% of the hours during 2025. At the border with Montenegro, this agreement was recorded in only 4% of the hours, while with Greece in only 3%.

The European agency explains that, when markets are not integrated, energy exchanges between countries are planned before the final prices for the following day are known.

This way of trading can hinder the efficient use of cross-border capacities and create situations where energy is not exchanged in the most economically advantageous direction.

According to ACER, further market integration and increased capacity available for cross-border trade could help bring prices closer.

The data refer to wholesale market prices and not to energy tariffs paid directly by households or businesses. However, they provide an important indicator of the costs and competitiveness of the Albanian energy market in relation to neighboring countries. /Ekofin.al

 

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