Electricity

Bulgaria, Macedonia to complete day-ahead market coupling by Q2 2019

Photo: ibex.bg

Published

April 19, 2018

Country

Comments

0

Share

Published:

April 19, 2018

Country:

Comments:

0

Share

Bulgaria and former Yugoslav Republic of Macedonia signed a Memorandum of Understanding (MoU) on the Day-ahead market (DAM) coupling which foresees the market coupling to be concluded by Q2 2019.

Independent Bulgarian Energy Exchange (IBEX) EAD signed a MoU on DAM coupling with the Electricity Transmission System Operator (TSO) of Macedonia (MEPSO), Energy Regulatory Commission (ERC) of Macedonia and the Electricity System Operator (ESO) EAD of Bulgaria.

The Memorandum is expected to be signed also by the Bulgarian Energy and Water Regulatory Commission (KEVR).

“Тhe Bulgarian and the Macedonian side agreed to arrange a project kick-off meeting within 30 days from the date of the Memorandum signature. At the meeting, the main project stages, project implementation schedule, as well as the structure and the composition of the working groups dedicated to the project, will be defined. The preliminary planning foresees the market coupling to be accomplished by Q2 2019”, IBEX said in a statement.

The process of market coupling between the two countries is facilitated under the Western Balkan 6 (WB6) electricity market connectivity programme, implemented by the Energy Community Secretariat and financed by the European Commission.

In January Energy Community launched a technical assistance project to support DAM establishment in Macedonia.

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

Romanian journalists uncover giant hybrid power plant project Serbian border

Romanian journalists uncover giant hybrid power plant project on Serbian border

30 March 2023 - A dormant wind, solar and pumped hydropower project valued at EUR 1.9 billion has been unearthed in a Romanian media report

us renewables texas coal nuclear eia

Renewables outpace coal for first time in US power production

30 March 2023 - The US power sector produced 4,090 TWh last year, and the share of renewables was 21%, the Energy Information Administration said.

Djedovic Dedovic Serbia promote energy storage renewables law

Đedović: Serbia to promote energy storage with changes to renewables law

30 March 2023 - To avoid a delay in connecting their renewable power plant, investors will need to add batteries, according to the renewables bill

Greece PPC Renewables two solar power plants f 250 MW

Greece’s PPC Renewables finishing two solar power plants of 250 MW in total

29 March 2023 - PPC Renewables said it would complete two photovoltaic facilities in Greece's coal hubs by the end of the month