In December 2025, the Serbian power exchange SEEPEX recorded a total of 495,637.7 MWh traded on its day-ahead market, reflecting a 6.2% increase from November. The daily average trading volume reached 15,988.3 MWh, although this figure represents a 4.1% decline year-on-year when compared to December 2024.
The average daily base price for electricity on the day-ahead market in December was noted at €115.5/MWh, indicating a 2.2% decrease from the previous month. Similarly, the average euro-peak price experienced a drop of 2.9%, settling at €128.7/MWh. These price adjustments suggest a trend of softening market conditions as the year concluded.
A significant achievement was marked on December 25, when SEEPEX’s intraday continuous market set a new record with a trading volume of 2,639 MWh. This milestone underscores the increasing relevance of intraday trading within Serbia’s evolving electricity market landscape.
The establishment of SEEPEX dates back to February 17, 2016, beginning with an initial trading volume of merely 1,925 MWh. The exchange is co-owned by the Serbian Transmission System Operator (TSO) EMS and the European Power Exchange (EPEX SPOT), aiming to foster a competitive and transparent electricity market in Serbia and throughout southeastern Europe. Notably, the platform broadened its offerings with the introduction of an intraday market in July 2023.
