Romania electricity prices spike 8x from midday to evening; storage gap exposed

Romanian day-ahead electricity prices surge from ~51 EUR/MWh at 14:00 to 435 EUR/MWh at 19:00, a more than eightfold intraday swing. ANRE chief George Niculescu attributes the volatility to insufficient storage capacity, underscoring a structural challenge in integrating renewable supply with peak demand. The extreme spread signals potential stress on grid stability and may prompt policy or market design responses.