Serbia: Increased electricity trade on SEEPEX in May

, News Serbia Energy

Traded volume in May 2020 was 4.9 % lower than in the same month last year and a total of 205,900.6 MWh of electricity was traded on the day-ahead market on the Serbian energy exchange SEEPEX in May 2020, which is an 1 % increase compared to the previous month, with an average of 6,642 MWh/day. Average daily base price on day-ahead market in May amounted to 23.99 euros/MWh, which is a 4.4 % decrease compared to April, while average euro-peak price reached 24.58 euros/MWh (- 2.7 %). 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.