Serbia: First trade in Serbian power futures

, News Serbia Energy

Serbian Energy Exchange (SEEPEX) announced that on 17 June the first deal in Serbian power futures was registered on the European Energy Exchange (EEX). The trade was for monthly product July 2019 at the price of 51.45 euros/MWh.

EEX expanded its product range on the derivatives market with new power futures for Slovenian, Bulgaria and Serbian markets on 3 June. According to EEX, the listing of the new power futures extends the pan-European offering of EEX to the emerging power markets in Central and Southeastern Europe, thereby extending its range to 20 market areas throughout Europe.

The product offering includes cash-settled power futures for Slovenia covering base and peak load products with weekly, monthly, quarterly and yearly expiries, as well as cash-settled Bulgarian and Serbian base load products with the same expiries.