Serbia: Traded electricity on SEEPEX in November

, News Serbia Energy

In November 2020 on the day-ahead market on the Serbian energy exchange SEEPEX a total of 247,951.6 MWh of electricity was traded, which is a 20.5 % decrease compared to the previous month, with an average of 8,265.1 MWh/day.

Traded volume in November 2020 was 5 % lower than in the same month last year. Average daily base price on day-ahead market in November amounted to 48.63 euros/MWh, which is a 23.6 % increase compared to October, while average euro-peak price reached 56.33 euros/MWh (+ 25.3 %). 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.