Electricity

ALPEX restarts tender for electronic power trading platform

ALPEX restarts tender electronic power trading platform

Alexandru Boicu on Unsplash

Published

June 30, 2021

Country

Comments

0

Share

Published:

June 30, 2021

Country:

Comments:

0

Share

The Albanian Electricity Exchange – ALPEX reopened the tender for the selection of a provider of an electronic trading platform for the day-ahead and intraday markets as none of the bids met the criteria.

The Albanian Electricity Exchange was scheduled to start operating in the third quarter, but it faces a possible delay as it failed in the first attempt to procure an electronic trading platform. ALPEX issued a public call in March for providers but none of the offers matched the terms, so now it relaunched the tender, Monitor.al reported.

The international competitive procurement bid for an ‘Electronic Trading Platform for the Day-Ahead and Intraday Market and Services Required for the Operation of the Organized Market in Albania and Kosovo’ kept the maximum value at EUR 1.9 million.

USAID prepared the terms of reference for the tender

The specifications remained the same. USAID prepared the terms of reference for the tender. The system needs to include clearing, risk management and the interface.

The article adds Albania would stimulate trading at the electricity market with contracts for difference (CfDs) as an interim measure. ALPEX intends to implement the European Union’s so-called target model for the day-ahead and intraday markets.

Transmission system operator of Albania OST founded ALPEX in October with its counterpart KOSTT from Kosovo*.

* 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

Artur Lorkowski energy community director

Polish diplomat Artur Lorkowski new director of Energy Community

03 December 2021 - Artur Lorkowski will lead the Energy Community Secretariat over the next three year. He replaced Janez Kopač after his nine-year tenure

RES Foundation conference subsidies poor households net zero heating

RES Foundation conference: More subsidies for poor households needed to get to net zero heating

02 December 2021 - Vulnerable households in the Western Balkans often can't afford renovation or to replace old heating stoves and boilers even with a 50% subsidy

ERS power utility gets nod to issue bonds on Vienna Stock Exchange

ERS power utility gets nod to issue bonds on Vienna Stock Exchange

02 December 2021 - It is a good test for ERS to check on the international financial market whether there is interest in buying its bonds

Renewable energy projects 95 GW compete Greece

Renewable energy projects of 95 GW compete for completion in Greece

02 December 2021 - An overwhelming number of renewable energy projects received a production license or a producer certificate in Greece so far