Serbia: 190,716 MWh of electricity traded on SEEPEX in April

, News Serbia Energy

A total of 190,716 MWh of electricity was traded on the day-ahead market on the Serbian energy exchange SEEPEX in April 2019, which is an 26.8 % decrease compared to the previous month, with an average of 6,357.2 MWh/day. Average daily base price on day-ahead market in April amounted to 46.63 euros/MWh, which is a 21.9 % increase compared to March, while average euro-peak price reached 49.84 euros/MWh (+ 18.3 %).

SEEPEX was officially launched on 17 February 2016, with traded volume 1,925 MW. It is jointly owned by Serbian electricity transmission system operator EMS and European Power Exchange (EPEX SPOT) with the idea to support the development of a competitive, transparent and reliable electricity market in Serbia and Southeastern Europe and make a significant impact on the increase of trading volumes of electricity in the region.