Serbia: SEEPEX sees higher monthly electricity trading volumes in April despite lower prices year on year

In April 2026, a total of 484,034.6 MWh of electricity was traded on the day-ahead market of the SEEPEX, marking a 5.7% increase compared to the previous month, with an average daily volume of 16,134.5 MWh. Despite the monthly growth, trading activity was 3.2% lower than in April 2025, reflecting mixed year-on-year market dynamics.

The average base price on the day-ahead market stood at 91.51 euros/MWh, representing a 3.3% decrease compared to March. At the same time, the average euro-peak price dropped more sharply to 67.64 euros/MWh, down 18.8%, indicating weaker peak demand pricing pressures across the market.

The SEEPEX exchange was officially launched on 17 February 2016 with an initial traded volume of just 1,925 MWh. It is jointly owned by the Serbian electricity transmission system operator EMS and EPEX SPOT, with the aim of developing a transparent and competitive electricity market in Serbia and the wider Southeast European region.

The platform introduced its intraday market in July 2023, further enhancing trading flexibility and liquidity. Over time, SEEPEX has played a key role in supporting market integration and increased electricity trading volumes across the region.

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