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Serbia: SEEPEX October power price surges 56% as trading volume climbs

Trading volume on Serbia’s SEEPEX day-ahead electricity market reached 579,308 MWh in October, remaining broadly unchanged from September while increasing 13.2% year on year. Average daily traded volume stood at 18,687 MWh.

The more notable development came on the price side, with the average day-ahead baseload price rising 56.2% month on month to €234.31/MWh. The average euro-peak price recorded an even sharper increase, climbing 73.8% from September to €229.17/MWh.

On the intraday market, SEEPEX recorded 3,356.1 MWh of traded electricity during October, with the average price reaching €179.13/MWh.

SEEPEX, jointly owned by Serbia’s transmission system operator EMS and EPEX SPOT, has operated its day-ahead market since 2016 and introduced intraday trading in 2023.

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