Serbia’s SEEPEX October Baseload Price Jumps 56.2% as Volume Rises Year on Year

In Serbia, trading on the SEEPEX day-ahead market totalled 579,308 MWh in October. Volume was broadly unchanged from September and 13.2% higher than a year earlier. Average daily traded volume stood at 18,687 MWh.

Prices rose sharply compared with September. The average day-ahead baseload price increased 56.2% to €234.31/MWh. The average euro-peak price climbed 73.8% to €229.17/MWh.

SEEPEX’s intraday market recorded 3,356.1 MWh of trades in October, at an average price of €179.13/MWh. The exchange is jointly owned by Serbian transmission operator EMS and EPEX SPOT. It has operated its day-ahead platform since 2016 and added intraday trading in 2023.

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