Summary
We are pleased to announce, in collaboration with SEEPEX, that negative prices will be introduced on the SEEPEX organised market in May 2026. The introduction of negative prices on SEEPEX represents an important step in market development, providing better price signals in the market. It also prepares the Serbian electricity market for integration into the EU coupled market and aligns national l egislation with EU standards and practices.
The introduction will be subject to successful test completion and comprise as follows:
Day-Ahead Market
The first auction day with negative prices will be 5 May 2026, with delivery day 6 May 2026.
Intraday Continuous Market
Trading with negative prices for contracts with delivery on 6 May 2026 will be possible only after 23:00 CE ST on 5 May 2026.
Price Boundaries
The current 0 EUR/MWh price floor will be adjusted to -500 EUR/MWh for Day-Ahead Market and to -9,999 EUR/MWh for the Intraday Market, which is the Harmonized Minimum Clearing Price standard utilized across the EU.
Please find detailed information in the document below.
European Commodity Clearing AG
Clearing & Settlement
T +49 341 24680-444
clearing@ecc.de