Electricity

Albanian Power Exchange is looking for trading platform supplier

Albanian Power Exchange is looking for trading platform supplier

Published

March 19, 2021

Country

Comments

comments icon

0

Share

Published:

March 19, 2021

Country:

Comments:

comments icon

0

Share

The Albanian Power Exchange (ALPEX) has launched a public call for the electronic trading platform for the day-ahead and intraday markets.

ALPEX was established in October last year by Kosovo’s transmission system operator (TSO) KOSTT and its Albanian counterpart OST.

The deadline to file offers is May 4

Following the agreement on setting up the power exchange, the Energy Community Secretariat said ALPEX would need to procure services for the operation of the day-ahead market (DAM) and market coupling after its establishment and consolidation.

The deadline to file offers to supply an electronic trading platform and accompanying services is May 4, the local media reported.

The cost of the procurement is estimated at EUR 1.8 million (ALL 225 million).

According to the tendering documentation, TSOs KOSTT and OST have agreed to establish a common electricity market based on the operational model of a power exchange for both control areas.

ALPEX will implement the European Union’s so-called target model for the day-ahead, and intraday markets

ALPEX, based in capital Tirana, will operate the short-term electricity markets in Albania and Kosovo* and their day-ahead market coupling.

According to the documentation, ALPEX will implement the European Union’s so-called target model for the day-ahead, and intraday markets.

The target model is the cornerstone for the development of a single electricity market in Europe.

The process of establishing ALPEX started in March 2020 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.

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

bih world bank loan federation bih epbih coal regions just transition kreka mine

Federation of BiH secures EUR 83 million for just transition of coal regions

06 May 2025 - The funds are intended for the implementation of the Just Transition in Select Coal Regions of Bosnia and Herzegovina Project

Kosovo launches reconstruction of coal power plant unit

Kosovo* launches reconstruction of coal power plant unit

06 May 2025 - Kosovo Energy Corp. (KEK) began the reconstruction and modernization of one of the two units in its Kosovo B coal power plant

croatia green hydrogen wave energy island pag novalja

Croatia’s Pag island to produce green hydrogen using wave energy

06 May 2025 - The island town of Novalja could become one of the first in Croatia to begin the production of green hydrogen, and a rare example in the region

croatia us energy meeting smr warsaw nuclear institute plenkovic wright susnjar

Croatia discusses installation of small modular reactors with US

05 May 2025 - The delegations from the two countries met on the sidelines of the 10th summit meeting of the Three Seas Initiative, held in Warsaw