News

EPCG receives invitation for SEEPEX, CROPEX

Published

March 12, 2016

Comments

comments icon

0

Share

Published:

March 12, 2016

Comments:

comments icon

0

Share

All energy entities in Montenegro are consulting the Ministry of Economy and the Energy Regulatory Agency after leaders of the countries in the region agreed at a summit in Vienna that every country must have its own power market or join a neighbouring one, state-owned utility Electric Power Company of Montenegro (EPCG) informed news agency Mina-Business. According to the statement, the company received invitations both from Serbian-based bourse SEEPEX and Croatian CROPEX.

All technical and economic aspects are being analyzed, including the profitability of a potential independent market which would be established, but currently chances are that domestic companies will participate in the bourses in the region, EPCG stated. Meanwhile, the utility said, documents are being prepared to enable presence in the markets. Preliminary findings give the advantage to SEEPEX, the statement said and added that a participant must establish a company in a European Union member state if it wants to enter its power market.

Representatives of the electricity markets in the region earlier said they aspire to attract state-controlled energy companies from Bosnia and Herzegovina, Montenegro and Macedonia, countries with volumes too small to maintain liquid power bourses.

Related Articles

Global Wind Day 2025 wind energy opens new job

Global Wind Day 2025: Wind energy creates new jobs

13 June 2025 - Global Wind Day is celebrated every 15 June to raise awareness of the importance of wind as a renewable energy source.

serbia naled CBAM analysis jobs

NALED urges action to protect jobs at energy-intensive industries threatened by CBAM

13 June 2025 - The National Alliance for Local Economic Development has called on the state to introduce measures to protect energy-intensive industries

serbia suncarlito beta solar token subotica solar power plant

SunCarlito Beta issues tokens to raise funds for 2.2 MW solar power plant in Serbia

13 June 2025 - Investors can buy 3,402 tokens called Solar Token ST_1, priced at EUR 500 each. The deadline to purchase the tokens is July 9

nuclear power plant reactor edf france

French power prices jump as EDF looks into possible nuclear reactor defect

12 June 2025 - France’s state-owned power utility EDF is investigating apparent corrosion cracks found at the Civaux 2 nuclear reactor.