Serbia moved from a net electricity export position to net imports in the week to 20 September, as a steep fall in wind and solar generation changed its supply balance despite stronger hydropower output.
The country recorded 14.89 GWh of net imports, compared with 23.84 GWh of net exports a week earlier. Variable renewable generation fell 69.6%, the largest percentage drop among the markets covered. Hydropower output rose 74.14% to 42.98 GWh, but that increase did not prevent the change in Serbia’s trade position.
Demand also eased, falling 4.12% to 552.38 GWh. Serbia’s average day-ahead price declined 2.72% to €151.46/MWh, making it the second-cheapest market in the report after Türkiye. The import shift therefore does not, by itself, indicate a shortage or a price spike.
The weekly figures show how quickly Serbia’s trading position can change when renewable output varies. For producers and suppliers, the commercial question is whether hydro, thermal generation and imports can cover such swings at competitive prices as more wind and solar capacity enters the system.
Serbia imported power during a relatively cheap week. A similar generation swing during a regional price surge would present a different exposure.
By Virtu.Energy
