Serbia: Trade of electricity on SEEPEX in March

, News Serbia Energy

On the day-ahead market on the Serbian energy exchange SEEPEX in March 2021 a total of 324,077.8 MWh of electricity was traded, which is a 15.3 % decrease compared to the previous month, with an average of 10,486.4 MWh/day. Traded volume in March 2021 was 47 % higher than in the same month last year. Average daily base price on day-ahead market in March amounted to 54.93 euros/MWh, which is a 15.3 % increase compared to February, while average euro-peak price reached 56.46 euros/MWh (+ 2.7 %). 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.