In November 2024, the Serbian energy exchange SEEPEX reported a total of 494,395.3 MWh of electricity traded on the day-ahead market, marking a 9.2% decrease compared to October. The average daily traded volume for the month was 16,479.8 MWh. However, compared to November 2023, the traded volume was 9.6% higher. The average base price for the day-ahead market increased significantly, reaching 159.96 euros/MWh, a rise of 78.4% from October. The average euro-peak price also saw a substantial jump, reaching 192.69 euros/MWh, up by 105.9%.
On the intraday market, a total of 9,751.1 MWh was traded in November, with an average price of 191.4 euros/MWh. SEEPEX, which began operations on February 17, 2016, with an initial traded volume of 1,925 MWh, was established with the aim of fostering a competitive, transparent, and reliable electricity market in Serbia and the wider southeastern European region. The exchange is jointly owned by the Serbian electricity transmission system operator, EMS, and the European Power Exchange (EPEX SPOT). In July 2023, SEEPEX expanded its offerings with the launch of an intraday market.
