Electricity

Serbia to couple electricity market with EU by 2026 – SEEPEX

Serbia to couple electricity market with EU by 2026 SEEPEX stojcevski

Photo: Foto: Boban Ristić/Chamber of Commerce and Industry.

Published

March 1, 2024

Country

Comments

comments icon

0

Share

Published:

March 1, 2024

Country:

Comments:

comments icon

0

Share

If all the preparations go as planned, the Serbian electricity market could be coupled with the single European electricity market in 2026, Chief Operating Officer of SEEPEX Dejan Stojčevski said at a workshop on the models of the industry’s participation in the electricity market.

The coupling of the day-ahead and intraday markets at SEEPEX with the single EU market would further improve the conditions for the industry, as a consumer, and for electricity producers to enter the market.

It is also the next step in the development of the electricity market in Serbia, according to the participants of the workshop, organized by SEEPEX and the Chamber of Commerce and Industry.

According to Stojčevski, market coupling will bring various advantages, including an increase in the security of supply and the establishment of a regional benchmark price. It will also boost market liquidity, facilitate the integration of renewable sources and investment in the sector and secure the placement of electricity in the market.

The introduction of 15-minute trading is mandatory

To allow for market coupling, there are several necessary steps, as Stojčevski explained. The first one is the transposition of EU regulations, primarily the Guideline on Capacity Allocation and Congestion Management (CACM Regulation), followed by obtaining a full membership within the framework of Single Day-Ahead Coupling (SDAC) and Single Intraday Coupling (SIDC) and determining the local implementation project (LIP).

The market coupling itself involves contract signing, testing and the introduction of new roles, all of which SEEPEX has already initiated, Stojčevski stressed.

Rolling out a 15-minute trading interval is mandatory, he said and added that the country’s transmission system operator Elektromreža Srbije (EMS) is preparing it. Stojčevski estimated it could be implemented next year.

According to Stojčevski, allowing negative prices is not mandatory but it is desirable for market coupling.

If the transposition is completed by the end of the year, the coupled day-ahead market could become operational in the first quarter of 2026, while the intraday market would come online in the fourth quarter of 2026, Stojčevski said.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Serbia EPS PPAs wind parks Alibunar 1 Alibunar 2

Serbia’s EPS signs PPAs for wind parks Alibunar 1, Alibunar 2

08 May 2025 - Serbia's state-owned Elektroprivreda Srbije will offtake electricity from future wind parks Alibunar 1 and Alibunar 2, of 168 MW in total.

Serbia’s TSO EMS signs grid connection contracts for 11 renewable power plants

08 May 2025 - TSO Elektromreža Srbije said the contracts were signed after the second interval for the preparation of grid connection studies

Europe record battery storage capacity growth 2024 expansion slows

Europe has record battery storage capacity growth in 2024 but expansion slows

08 May 2025 - The leap in new battery storage capacity in Europe last year wasn't as impressive as in the previous years

croatia hep floating solar hpp dubrava

Croatia’s HEP to install first floating PV plant on reservoir of HPP Dubrava

07 May 2025 - State-owned company Hrvatska Elektroprivreda (HEP) has already installed one photovoltaic facility near its HPP Dubrava