ALPEX sees March power trading value rise as volumes fall in Albania and Kosovo day-ahead market

Albania’s electricity exchange ALPEX showed how price dynamics can outweigh volume swings: total day-ahead trading fell month-on-month in March 2026, yet the exchange’s transaction value rose strongly year-on-year. For market participants, the split between declining physical volumes and higher monetary turnover points to a market that is still adjusting to changing demand and pricing conditions across Albania and Kosovo.

March volumes down, year-on-year growth strong

ALPEX said total electricity traded on its day-ahead market reached 165.32 GWh in March 2026. That figure was down 16.3% compared with the previous month, but it represented a significant increase of 72.2% year-on-year versus March 2025.

Allocation by bidding zone

Within the total volume, 111.4 GWh was traded for the Kosovo bidding zone, while 104.5 GWh was allocated to the Albania bidding zone. ALPEX reported that the average price across the exchange stood at €96.89/MWh and was recorded uniformly for both bidding zones.

Transaction value climbs despite lower monthly throughput

The total transaction value on ALPEX in March amounted to approximately €15.1 million. The exchange said this marked a strong 48% increase year-on-year, even as traded volumes declined versus February.

Exchange background and membership

ALPEX was established in October 2020 by Albania’s Transmission System Operator (OST) and its Kosovo counterpart (KOSTT). The first auction on the Albanian market took place in April 2023, and the exchange now has a total of 36 members operating across both the Albania and Kosovo bidding zones.

Overall, the March results underline that investors and traders watching ALPEX may need to focus not only on how much power is being scheduled, but also on how pricing translates into revenue—particularly when monthly volumes soften while turnover continues to strengthen.