Electricity

Serbia’s SEEPEX power exchange launches intraday market

Serbia SEEPEX power exchange launches intraday market

Photo: SEEPEX

Published

July 25, 2023

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Published:

July 25, 2023

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Trading at the intraday electricity market of Serbia’s SEEPEX exchange started today at 10:00.

In addition to its day-ahead platform, SEEPEX introduced an intraday market, completing the organized electricity market in Serbia.

Trading began at 10:00 in the morning and the first delivery of electricity from the intraday market is available from noon.

The start of transactions was scheduled for between July 25 and 28.

Twenty companies are registered in the new trading platform

SEEPEX registered 20 participants in the intraday market, including GEN-I, EFT, Interenergo, Elektroprivreda Srbije (EPS), Alpiq Energy, Hrvatska elektroprivreda (HEP Group), Holding Slovenske elektrarne (HSE), Elektroprivreda Republike Srpske (ERS), Danske Commodities, NIS, Freepoint Commodities Europe, Energi Danmark, Axpo Solutions, Enerjisa Europe Korlatolt Felelossegu Tarsasag, MFT Energy, Nomad Energy Co., Elektroprivreda Crne Gore (EPCG) and Green Balancing Group.

The Serbian bourse has 37 members in total.

SEEPEX said earlier that the launch of an intraday electricity market would bring the country closer to joining the single European market, create conditions for easier integration of intermittent renewable energy sources and accelerate the energy transition.

The new platform is the first result of cooperation between SEEPEX and Slovenia’s bourse BSP SouthPool exchange, after in December they formed the Alpine-Adriatic Danube Power Exchange – ADEX, the first regional power exchange for Central and South-Eastern Europe (CSEE).

Until recently, SEEPEX was the only electricity exchange in the Western Balkans. Albania and Montenegro rolled out their day-ahead markets in April, followed by North Macedonia in May.

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