Serbia: Decreased energy exchange on SEEPEX in April, News Serbia Energy
A total of 203,885.1 MWh of electricity was traded on the day-ahead market on the Serbian energy exchange SEEPEX in April 2020, which is a 7.8 % decrease compared to the previous month, with an average of 6,796.2 MWh/day. Traded volume in April 2020 was 6.9 % higher than in the same month last year. Average daily base price on day-ahead market in April amounted to 25.1 euros/MWh, which is a 16 % decrease compared to March, while average euro-peak price reached 25.26 euros/MWh (- 23 %). SEEPEX was officially launched on 17 February 2016, with traded volume 1,925 MWh. 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.