Accurate prediction of mid-latitude baroclinic activity is extremely relevant for understanding global climate dynamics and improving long-term weather forecasts. However, current seasonal forecast models struggle to accurately represent the variability of baroclinic activity in the Southern Hemisphere, which may affect their reliability and usefulness. Baroclinic instability in the mid-latitudes is a significant component of the climate system, as it is associated with the meridional transport of a large amount of energy and momentum. Therefore, the ability of the models to correctly predict the properties of the atmospheric circulation in this latitudinal region is a very important requirement. The aim of this study is to estimate the energy of atmospheric phenomena typical of the mid-latitudes, such as baroclinic perturbations, and to understand how seasonal forecasts can be practically used to assess the energy transfer in the atmosphere. We compare the Southern Hemisphere mid-latitude winter variability of the seasonal forecasts of the ECMWF, DWD and Météo France forecasting systems with the ERA5 reanalysis. The analysis is performed by computing the Hayashi spectra of the 500-hPa geopotential height field. Both the reanalysis and the seasonal forecast show a series of peaks in the spectral region of eastward-travelling waves, which corresponds to the high frequency and high wavenumber domain. We quantify the amount of energy released from the atmosphere by calculating the Baroclinic Amplitude Index. The results suggest that seasonal forecasts may not accurately capture the variability of geopotential height power spectra in the Southern Hemisphere, which poses a challenge in correctly distributing the energy over spatial and temporal dimensions. This study will show that this problem is particularly pronounced for wavenumber 4 over a period of 8 days. This misrepresentation likely contributes to the uncertainties in precipitation forecasting, with discrepancies exacerbated by a suboptimal description of baroclinic instability and dynamical components in the models. Our findings highlight the need for an improved representation of baroclinic processes in seasonal forecast models, which could lead to substantial advancements in long-term weather prediction capabilities and in a more complete understanding of climate dynamics.