The volume of electricity traded in the forward market exceeded 9.9 TWh in October, meaning that by the end of October this year’s volume in this market had already surpassed the volume for the whole of 2025 (76.9 TWh in Jan-Oct this year, compared with 71.3 TWh in Jan-Dec 2025). Trading volume in yearly electricity contracts totalled 6.7 TWh last month, its highest monthly level in two years.
Electricity
In October 2026, the volume of electricity traded at TGE totalled 14,140,195 MWh, representing a 19.3 per cent increase on October 2025. The volume-weighted average price in the Day-Ahead Market was 751.71 PLN/MWh, up 85.03 PLN/MWh from September 2026. In the electricity forward market (EFM), the weighted average price for a yearly contract with base load delivery in 2027 (BASE_Y-27) reached 568.11 PLN/MWh in October 2026, up 12.34 PLN/MWh from the previous month.
Natural gas
The volume of transactions in the natural gas market in October 2026 totalled 8,546,281 MWh, down 58.2 per cent y/y. The volume-weighted average price on the spot market (DAM&IDMg) was 408.58 PLN/MWh, up 64.23 PLN/MWh on the previous month. Meanwhile, in the forward market (GFM), the weighted average price of a contract with delivery in 2027 (GAS_BASE_Y-27) reached 330.70 PLN/MWh in October 2026, up 64.47 PLN/MWh on the corresponding September 2026 price.
Property rights
The trading volume of property rights for electricity generated in RES totalled 544,076 MWh in October, down 46.6 per cent y/y. The volume-weighted average price of the PMOZE_A instrument traded during the Property Rights Market (PRM) sessions was 24.89 PLN/MWh, down 0.19 PLN/MWh from September 2026.
The trading volume of property rights for energy efficiency rose 124.5 per cent y/y to 23,168 toe. The weighted average session price of the PMEF_F instrument was 2,334.62 PLN/toe, up 7.03 PLN/toe from September.
Guarantees of origin
The volume of guarantees of origin of electricity generated in RES and traded in October 2026 totalled 4,094,997 MWh, down 36.4 per cent y/y. The weighted average price of a guarantee of origin of electricity generated in RES was 4.17 PLN/MWh, down 0.09 PLN/MWh from the previous month.