The Serbian energy exchange, SEEPEX, reported a significant 7.2% increase in electricity traded on its day-ahead market in October 2024, totaling 544,531.8 MWh. The average daily traded volume was 17,565.5 MWh, reflecting a 38.2% increase compared to the same month in 2023.
The average daily base price on the day-ahead market in October was 89.65 euros/MWh, marking a 16.3% decrease from September. The average euro-peak price for the month also dropped by 15.7%, settling at 93.59 euros/MWh.
A notable achievement for SEEPEX was reached on October 9, when the exchange saw an all-time high in day-ahead trading, with 23,956.8 MWh traded in a single day. SEEPEX, which officially launched on February 17, 2016, began with a relatively modest trading volume of 1,925 MWh. Since then, it has grown significantly, playing a vital role in developing a competitive and transparent electricity market in Serbia and Southeast Europe.
Owned jointly by Serbia’s electricity transmission system operator EMS and the European Power Exchange (EPEX SPOT), SEEPEX continues to impact the region’s electricity market positively. The exchange launched its intraday market in July 2023, further expanding its services to enhance market liquidity and efficiency.
The ongoing increase in trading volumes highlights SEEPEX’s growing importance in regional electricity trading, supporting the energy market’s transparency and reliability in Southeastern Europe.
