Electricity

SEE CAO appoints new executive director

see cao filip markovic montenegro director

Published

April 15, 2024

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Published:

April 15, 2024

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Coordination Auction Office in South East Europe (SEE CAO) has appointed Filip Marković as the new executive director.

Filip Marković has been part of SEE CAO’s team since the early days of SEE CAO’s operation, starting as an auction operator back in 2014, SEE CAO said.

Of note, until January 2024 the executive director of SEE CAO was Ivan Bulatović. He was appointed back in May 2019. However, in January 2024 Bulatović was elected for CEO of Montenegrin state-owned power company Elektroprivreda Crne Gore (EPCG).

According to SEE CAO, prior to the appointment to executive director position, Filip Marković covered the role of business development manager for more than four years.

He also gained experience in Montenegrin Electricity Market Operator (COTEE) and Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem (CGES),  SEE CAO said in press release.

Marković was also project manager of several company projects within the area of electricity market.

SEE CAO’s fundamental principles remain to foster strong relations with market participants and stakeholders, and Mr. Marković is convinced that the efforts of SEE CAO will strengthen these connections and that SEE CAO stands prepared to tackle all the forthcoming challenges, SEE CAO noted.

SEE CAO registers more than 200 market participants

Coordinated Auction Office in South East Europe (SEE CAO) was incorporated in 2014.

Operations of SEE CAO comply with the principles set forth in the Treaty establishing the Energy Community.

SEE CAO was founded by TSOs from the region of South East Europe (HOPS – Croatia, NOSBiH – BiH, CGES – Montenegro, OST – Albania, KOSTT – Kosovo*, IPTO – Greece, TEIAS – Turkey, and additionally, MEPSO – North Macedonia) – with the objective to perform the explicit allocation of cross-border transmission capacity.

Today, apart from providing services to its shareholders, SEE CAO also manages allocations on Italy–Montenegro border and qualifies Italian TERNA as a non-shareholding service user.

SEE CAO performs allocation of long-term and daily physical transmission rights on 10 Bidding Zone borders.

SEE CAO registers more than 200 market participants, out of which more than 60 are from the region of EU, according to its website.

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