Electricity

Albania, Kosovo* sign agreement to establish joint power exchange

KOSTT-OST-sign-agreement-on-establishing-Albanian-Power-Exchange

Photo: Skerdi Drenova and Ilir M. Shala (KOSTT)

Published

October 6, 2020

Country

,

Comments

comments icon

0

Share

Published:

October 6, 2020

Country:

,

Comments:

comments icon

0

Share

Kosovo’s transmission system operator (TSO) KOSTT and its Albanian counterpart OST have signed the agreement on the establishment of the Albanian Power Exchange – ALPEX, formerly called APEX.

The shareholder agreement for ALPEX was signed by Chief Executive Officer of KOSTT Ilir Shala, and Administrator of OST Skerdi Drenova.

ALPEX, based in Tirana, will operate the short-term electricity markets in Albania and Kosovo*

The process that started in March when the Albanian government launched a tender for companies interested in becoming shareholders. It was suspended due to the COVID-19 pandemic in April, and at the end of June the shareholders were selected.

According to the Energy Community Secretariat, the power exchange in Tirana will operate the short-term electricity markets in Albania and  Kosovo*.

ALPEX will need to procure services for the operation of the day-ahead market and market coupling

ALPEX will also operate the day-ahead market coupling between Albania and Kosovo* soon after its operationalisation, the international body said.

It added that soon after its establishment and consolidation, ALPEX would need to procure services for the operation of the day-ahead market and market coupling. It will enable the company to apply for the status of the nominated electricity market operator, the so-called NEMO, in both Albania and Kosovo*, the secretariat added.

New opportunities for producers and consumers

Dirk Buschle, Deputy Director of the secretariat, said the agreement paves the way for the smooth integration of Albania and Kosovo* into the pan-European market coupling.

“We invite all stakeholders to work together in operationalising ALPEX as quickly as possible to ensure market coupling in the first half of 2021,” he stated.

According to a press release by KOSTT, the establishment of ALPEX would guarantee more transparency and competition in the electricity market.

KOSTT’s CEO Ilir Shala said it is another step towards further integration into the integrated European electricity market, while OST’s Administrator Skerdi Drenova asserted ALPEX would pave the way for energy trading in both countries at unregulated prices, creating great opportunities for economic benefits to producers and consumers.

* This designation is without prejudice to positions on status and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.
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

Agios Efstratios Greece first energy autonomous island

Agios Efstratios becomes Greece’s first energy-autonomous island

22 August 2025 - A hybrid energy project transforming Agios Efstratios into the first energy-autonomous island in Greece is in trial operation

voltfang used ev batteries energy storage

German startup Voltfang turning used EV batteries into energy storage for solar, wind

22 August 2025 - Voltfang says the facility is the largest of its kind in Europe, with annual output set to reach 250 MWh in 2026.

battery BESS storage astor enerji energy vault romania

Turkish firm Astor Enerji to install 2 GWh of battery capacity at its solar projects in Romania

22 August 2025 - Swiss energy storage provider Energy Vault will supply 2 GWh of battery storage capacity for Astor Enerji's solar power projects in Romania.

Investors in standalone batteries request extension as deadline looms in Greece

Investors in standalone batteries in Greece request extension as deadline looms

22 August 2025 - September 30 marks a crucial deadline for standalone battery projects selected through Greece's first two auctions