Electricity

Greek exchanges ATHEX, HEnEx to provide power trading platform for Albania’s ALPEX

Greek exchanges ATHEX, HEnEx to provide power trading platform for Albania’s ALPEX

Photo: geralt from Pixabay

Published

February 14, 2022

Country

Comments

0

Share

Published:

February 14, 2022

Country:

Comments:

0

Share

The Albanian Power Exchange (ALPEX) has signed an agreement with the Athens Stock Exchange (ATHEX), Hellenic Energy Exchange (HEnEx) and EnΕx Clearing House (EnExClear) on providing an electronic trading platform for its day-ahead and intraday markets.

The contract for the establishment of the joint power exchange for Albania and Kosovo* was signed after the third tender launched by ALPEX.

The market go-live is scheduled for the fourth quarter of 2022, ALPEX said.

ALPEX said it would continue to work towards implementing the European Union’s Target Model for day-ahead and intraday markets and strive to become a nominated electricity market operator (NEMO).

ALPEX is proud and satisfied with the conclusion of the first step in its quest for integration in the European target model, Sokol Dishnica, ALPEX CEO, said.

The project involves knowledge transfer and consulting, the provision of a new trading platform, the required clearing services and support for market coupling

According to the Energy Exchange Group (EnEX), owner of the HEnEx and EnExClear, ALPEX, ATHEX, HEnEx and EnExClear will implement a project in the coming months which involves knowledge transfer and consulting, the provision of a new trading platform for ALPEX’s day-ahead and intraday markets, the required clearing services and support for market coupling with Albanian neighbors and primarily its integration in the EU power markets.

After successfully setting up its day-ahead and intraday markets and coupling with the Italian and Bulgarian borders, EnEX is dedicated to building solid regional relationships, extending the day-ahead and intraday markets integration, Energy Exchange Group said.

Lazaridis: The cooperation of ATHEX and EnEx with ALPEX aims to expand coupling and cooperation in the region under EU standards

Socrates Lazaridis, ATHEX CEO, said the cooperation of ATHEX and EnEx with ALPEX to expand coupling and cooperation in the region under EU standards represents the continuation of the activities which started a few years ago.

It all started when ATHEX decided to provide its experience and infrastructure to other energy market operators, energy clearing houses and energy trading platform users such as HEnEx, EnExClear, CSE, DESFA, he said.

In November 2020, the Hellenic Energy Exchange (HEnEx) launched the day-ahead, intraday and balancing markets.

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

Climate change, water scarcity jeopardizing French nuclear fleet

24 March 2023 - The safety and operation of 56 existing reactors, as well as the planned ones, must be adapted to increasing climate extremes

Serbia monitoring, reporting and verifying GHG emissions world bank loan

Serbia to start monitoring, reporting, verifying emissions by 2026

24 March 2023 - The introduction of an MRV system derives from the terms of the government's loan agreements with the World Bank

virtual power plants distributed production aggregators pandurevci nosbih

Virtual power plants emerge in BiH as seven aggregators pool 120 MW in total

24 March 2023 - The Independent System Operator in Bosnia and Herzegovina (NOSBiH) foresees an increase to 250 MW by the end of the year

Kosovo-outlines-energy-transition-2031-strategic

Kosovo* outlines energy transition until 2031 in strategic document

24 March 2023 - Kosovo* aims at 1.6 GW in renewables capacity by 2031, with 340 MWh in batteries. It opted to reconstruct at least three coal plant units.