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Serbia: SEEPEX day-ahead market sees slight volume decline but price increase in July 2025

In July 2025, a total of 481,815.7 MWh of electricity was traded on the Serbian energy exchange SEEPEX’s day-ahead market, representing a 4.7 percent decrease compared to June and 2.4 percent less than July 2024. The average daily traded volume stood at 15,542.4 MWh.

Despite the drop in traded volume, prices increased notably. The average daily base price on the day-ahead market rose 19.1 percent month-on-month to 102.11 euros/MWh, while the average euro-peak price surged 50.9 percent to 87.17 euros/MWh.

SEEPEX officially launched on February 17, 2016, starting with a traded volume of 1,925 MWh. It is jointly owned by the Serbian electricity transmission system operator EMS and the European Power Exchange (EPEX SPOT). The exchange aims to foster a competitive, transparent, and reliable electricity market in Serbia and southeastern Europe, contributing to increased electricity trading volumes across the region. SEEPEX introduced its intraday market in July 2023.

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