In April 2026, the Serbian electricity market witnessed a notable increase in trading activity on the SEEPEX platform, with a total of 484,034.6 MWh transacted on the day-ahead market. This figure represents a 5.7% rise compared to March 2026, translating to an average daily volume of 16,134.5 MWh. However, when viewed against the previous year, trading volumes were down by 3.2% from April 2025, highlighting mixed year-on-year market dynamics.
The average base price for electricity on the day-ahead market was recorded at 91.51 euros/MWh, reflecting a decrease of 3.3% from the preceding month. More significantly, the average euro-peak price experienced a sharp decline, falling by 18.8% to reach 67.64 euros/MWh. This trend suggests weaker peak demand pricing pressures across the market, indicating shifts in consumer behavior and supply-demand balances.
SEEPEX, which commenced operations on February 17, 2016, started with a modest traded volume of just 1,925 MWh. The exchange is co-owned by Serbia’s electricity transmission system operator EMS and EPEX SPOT and aims to foster a transparent and competitive electricity market within Serbia and the broader Southeast European region.
The introduction of an intraday market in July 2023 has further enhanced trading flexibility and liquidity on the platform. Over its operational period, SEEPEX has been instrumental in promoting market integration and increasing electricity trading volumes, thereby contributing to a more dynamic energy landscape in the region.
