Serbia: Electricity trade on SEEPEX in January

, News Serbia Energy

In January 2021, a total of 350,538.3 MWh of electricity was traded on the day-ahead market on the Serbian energy exchange SEEPEX, which is a 46.3 % increase compared to the previous month, with an average of 11,307.7 MWh/day. Traded volume in January 2021 was 48.5 % higher than in the same month last year. This is also the highest monthly traded volume since the launch of the exchange. Average daily base price on day-ahead market in January amounted to 53.7 euros/MWh, which is a 7.3 % decrease compared to December 2020, while average euro-peak price reached 64.2 euros/MWh (- 10.4 %). SEEPEX also announced that on the auction held on 2 February 2021, it reached maximum traded volume per day of 15.348,4 MWh, which is a new daily traded record. SEEPEX was officially launched on 17 February 2016, with traded volume of 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.