Electricity

Second failure of ALPEX tender for electronic power trading platform

Second failure of ALPEX tender for electronic power trading platform

Photo: Photo Mix from Pixabay

Published

August 18, 2021

Country

,

Comments

comments icon

0

Share

Published:

August 18, 2021

Country:

,

Comments:

comments icon

0

Share

The Albanian Power Exchange (ALPEX) didn’t succeed in finding a supplier for the electronic trading platform for its day-ahead and intraday markets.

ALPEX was unsuccessful with its second tender, which will delay the establishment of the power exchange in Albania. The first public call for suppliers was launched in March, and the second one in June.

Among the Energy Community parties in the region, only Serbia has a power exchange – SEEPEX, while Albania, Kosovo*, Montenegro, and North Macedonia have difficulties in the process of their establishment. However, Montenegro, and North Macedonia made some progress in the recent months.

The tender for the establishment of the Albanian Power Exchange was canceled because none of the submitted bids complied with the requirements of the tender, local media reported.

The maximum bid was set at EUR 1.9 million

It was also the reason for the failure of the first tender. The specifications were the same in both public calls and USAID prepared the terms of reference. The maximum bid was set at EUR 1.9 million.

ALPEX, based in capital Tirana, will operate the short-term electricity markets in Albania and Kosovo* and their day-ahead market coupling.

According to the latest Energy Transition Tracker, published by the Secretariat of the Energy Community, an ALPEX branch office was established in Kosovo in May 2021.

ALPEX’s branch office was established in Kosovo in May

“The Albanian day-ahead market should be operational 9 months following the signature of the contract with the successful bidder. The launch of the day-ahead market in Kosovo* and the coupling of these two bidding zones is envisaged 11 months after the contract signature,” the tracker reads.

Progress in Montenegro, and North Macedonia

The ongoing tender for the provision of a day-ahead trading platform with a module for its coupling, launched by the national electricity market operator of North Macedonia, MEMO, was closed on July 26.

According to the tracker, in June 2021, Montenegrin power exchange operator BELEN selected a provider of day-ahead trading, clearing and settlement platforms, but its name wasn’t disclosed.

The process of establishing ALPEX started in March 2020, when the Albanian government launched a tender for companies interested in becoming shareholders. At the end of June, the shareholders were selected, and in October last year, Kosovo’s transmission system operator (TSO) KOSTT and its Albanian counterpart OST signed an agreement on the establishment of ALPEX.

* 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

Turkey plans 89 GW of new solar wind power by 2035

Turkey plans 89 GW of new solar, wind power by 2035

26 October 2024 - The Government of Turkey aims to almost quadruple wind and solar power capacity to 120 GW by 2035, according to the new roadmap

slovenia referendum nuclear power krsko 2 jek 2

Slovenia cancels referendum on Krško 2 nuclear power plant

25 October 2024 - Just two weeks ago, the parliament voted overwhelmingly to hold a referendum on the construction of the Krško 2 nuclear power plant

statkraft croatia india netherlands Ventos de Santa Eugenia

Statkraft to sell assets in Croatia, Netherlands, India

25 October 2024 - Norway-based Statkraft has decided to leave India, Netherlands and Croatia, and to reorganize its management, effective from January 1, 2025

Fund ran by asset manager Mirova buys stake in RP Global

Fund ran by asset manager Mirova buys stake in RP Global

24 October 2024 - Energy transition infrastructure fund MET6, managed by Mirova, is becoming a relevant minority shareholder in RP Global