Serbia: February electricity trade on SEEPEX

, News Serbia Energy

In February 2021 on the day-ahead market on the Serbian energy exchange SEEPEX, a total of 383,651.4 MWh of electricity was traded which is a 9.4 % increase compared to the previous month, with an average of 13,701.8 MWh/day. Traded volume in February 2021 was 62.6 % 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 February amounted to 46.86 euros/MWh, which is a 12.7 % decrease compared to January, while average euro-peak price reached 55 euros/MWh (- 14.3 %). 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.