Photo: iStock
The Energy Regulatory Authority (ERE) launched a public consultation process after initiating the procedure to appoint the Albanian Power Exchange to be the nominated electricity market operator, NEMO, for Albania and Kosovo*.
Two and a half months after coming online with the introduction of a day-ahead market, the Albanian Power Exchange – ALPEX is working on formally obtaining the status of a nominated electricity market operator or NEMO. The country’s Energy Regulatory Authority said it initiated the necessary procedure as the bourse’s operator has applied for the role.
A NEMO is an entity designated by the electricity regulator to perform tasks related to day-ahead and intraday market coupling
The first phase is a ten-day public consultation period. A NEMO is an entity designated by the regulator to perform tasks related to the day-ahead and intraday market coupling. In the case of ALPEX, which was established by the transmission system operators of Albania and Kosovo*, it is set to become responsible for both markets.
Albania’s OST holds 57.25% share and Kosovo’s KOSTT owns the remaining stake. ALPEX currently covers only Albania while Kosovo* is planned to be added within a few months.
Elsewhere in the Western Balkans, the North Macedonian domestic day-ahead power trading platform was launched in May, after Montenegro’s MEPX or BELEN. Serbia’s SEEPEX is about to introduce an intraday electricity market.
Be the first one to comment on this article.