Serbia: Increased traded MWh on SEEPEX in March

Traded volume in March 2020 was 15.1 % lower than in the same month last year. In March 2020 a total of 221,136.4 MWh of electricity was traded on the day-ahead market on the Serbian energy exchange SEEPEX, which is a 2.9 % increase compared to the previous month, with an average of 7,133.4 MWh/day.  Average daily base price on day-ahead market in March amounted to 29.85 euros/MWh, which is a 25.3 % decrease compared to February, while average euro-peak price reached 32.85 euros/MWh (- 25.5 %). 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.