News

Regulator renews power trading permit for HEP-Trade

Published

October 29, 2015

Comments

0

Share

Published:

October 29, 2015

Comments:

0

Share

A draft license was granted to company HEP-Trade d. o. o. from Mostar for the activity of international trade in electricity, according to a release by the State Electricity Regulatory Commission (SERC), Brčko District’s administrative body. The local self-governing authority officially belongs to both entities that make up Bosnia and Herzegovina. Brčko is located in the country’s north. The permit is valid for five years from December 1. The decision was made after HEP-Trade filed an application for the continuance of its activity in the market.

The licensee shall have the right to attend meetings of technical committees which give comments during the preparation and changes of the Grid Code and market rules, the document said. It also has the right to be appointed to the technical committee.

Earlier, Danske Commodities BH d. o. o. and Company for Electricity Trading and Sales GEN-I Ltd., both registered in Sarajevo, expressed interest in further power trading. The founder of the first company is Danske Commodities AS from Aarhus, Denmark, and the latter was established by GEN-I d. o. o. from Krško in Slovenia.

Related Articles

Earth Day 2024 Planet vs. Plastic

Earth Day 2024: Planet vs. Plastics

20 April 2024 - The Earth Day has been celebrated every April 22 since 1970. This year’s theme is...

Record low power prices and curtailments threaten renewable investments in Greece, Spain

Curtailments, record-low power prices threaten renewables investments in Greece, Spain

20 April 2024 - Renewable energy developers have underestimated the effects of curtailments and low wholesale prices

north macedonia power exchange memo coupling eu brussels shutinoski

North Macedonia eyes first market coupling with some EU member state in 2026

19 April 2024 - Coupling electricity markets with EU countries is very important for the EU membership candidate states, MEMO CEO Simon Shutinoski said

Power-utilities-Greece-Cyprus-home-PV-systems-in-installments

Power utilities in Greece, Cyprus allow home PV systems to be paid in installments

19 April 2024 - Greece and Cyprus have enabled the installation of home PV systems to be paid in installments and without upfront costs