Serbia: Traded electricity on SEEPEX in December

, News Serbia Energy

In December 2020 on the day-ahead market on the Serbian energy exchange SEEPEX a total of 239,627.5 MWh of electricity was traded which is a 3.3 % decrease compared to the previous month, with an average of 7,729.9 MWh/day. Traded volume in December 2020 was 9.5 % higher than in the same month last year. Average daily base price on day-ahead market in December amounted to 57.95 euros/MWh, which is a 19.2 % increase compared to November, while average euro-peak price reached 71.71 euros/MWh (+ 27.3 %).

SEEPEX also announced that on the auction held on 1 January 2021, it reached maximum traded volume per day of 14.065,3 MWh, which is a new daily traded record. 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.