Electricity

Slovenia’s ELES to pay EUR 49.75 per MWh for transmission losses in 2021

Slovenia's ELES 2021 transmission losses

Photo: Pixabay

Published

June 11, 2020

Country

Comments

comments icon

0

Share

Published:

June 11, 2020

Country:

Comments:

comments icon

0

Share

The Slovenian transmission system operator completed the auction for baseload products it would buy for the next three calendar years. ELES said suppliers offered electricity at EUR 49.5 per MWh to EUR 55.7 per MWh for the company to cover losses.

After a public call, ELES conducted an electronic auction for power suppliers in order to make up for future losses in transmission. The Slovenian company sought baseload products of 10 MW for 2021 and 11 MW for the two years after that.

The national transmission system operator (TSO) is responsible for the losses, according to the country’s law. The marginal price for next year came in at EUR 49.75 per MWh, compared to EUR 52.08 per MWh and EUR 52.6 MWh for delivery in 2022 and 2023, respectively.

On a rounded basis, the offers ranged between EUR 49.5 per MWh and EUR 55.7 per MWh, the aggregated curves show.

The transactions were prepared with BSP Energy Exchange via the Euro Market trading platform. The auction was open for legal entities and natural persons that have a balance agreement or a contract for the settlement of imbalances with the balance responsible party.

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

Greece 50 support businesses batteries

Greece to provide up to 50% support to businesses for batteries

23 December 2024 - The Greek Ministry of Environment and Energy launched the Energy Storage for Businesses program with subsidies for installing batteries

Borislav Kostadinov Green for Growth Fund accelerating expansion GGF EUR 1 billion mark interview

Kostadinov: The Green for Growth Fund is accelerating its expansion after topping EUR 1 billion mark

23 December 2024 - The Green for Growth Fund recently topped EUR 1 billion in AUM and the demand for its offering is steadily picking up, the Director for GGF at Finance in Motion Borislav Kostadinov revealed

DRI OMV Petrom Romania largest physical PPA

DRI, OMV Petrom sign Romania’s largest physical PPA so far

21 December 2024 - The new physical solar power purchase agreement between DRI and OMV Petrom is the largest ever in Romania

Renewable energy project frenzy in Greece defies curtailments, grid constraints

Renewable energy project frenzy in Greece defies curtailments

20 December 2024 - Applications for new renewable energy projects continued unabated in Greece in 2024 according to Independent Power Transmission Operator