Serbia: 260,895 GWh traded on SEEPEX in November

A total of 260,895 MWh of electricity was traded on the day-ahead market on the Serbian energy exchange SEEPEX in November 2019, which is a 50.3 % increase compared to the previous month, with an average of 8,696.5 MWh/day. Average daily base price on day-ahead market in November amounted to 43.14 euros/MWh, which is a 25.8 % decrease compared to October, while average euro-peak price reached 50.2 euros/MWh (- 24.1 %). SEEPEX was officially launched on 17 February 2016, with traded volume 1,925 MW. 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 in-crease of trading volumes of electricity in the region.