SEEPEX, the South East European Power Exchange, has successfully
launched the Serbian Day-Ahead market, with 1,925 MWh being traded on
the first day. Baseload, the average price of all hourly prices of the
day, came out at 23.83 €/MWh.
The launch of the SEEPEX
Day-Ahead market is a major step in the creation of a regional power
trading solution for South East Europe (SEE) and has been highly
anticipated by the electricity market community. "The smooth launch of
the Serbian Day-Ahead market is a cherry on the top of the liberalized
power market in Serbia. At the same time, this is an important signal
for the electricity market in SEE as SEEPEX is the first organized
market place in the region that provides a high level standard both in
terms of trading and clearing infrastructures”, says Milos Mladenovic,
Managing Director of SEEPEX.
Nikola Petrović, EMS General
Manager, and Jean-François Conil-Lacoste, Chairman of the Management
Board of EPEX SPOT, add: "With the fully-fledged trading and clearing
solutions distilled from best practice in Central Western European power
markets, Serbia will be at the forefront of the region providing the
SEEPEX as an efficient role model for all future cooperation between
transmission system operators and power exchanges.”
Dr.
Thomas Siegl, Chief Risk Officer of European Commodity Clearing (ECC),
concludes: "SEEPEX clients will instantly benefit from high-standard
clearing, cross-commodity margining and the access to the European-wide
network of commodity exchanges working with ECC.”
Source: SEEPEX/balkans.com