Albania selects shareholders of company for setting up power exchange
Albania has selected the shareholders of a company which will operate the Albanian power exchange (APEX). The firm will start operation in Q1 2021, according to the Energy Transition Tracker. The Energy Community Secretariat has launched a tracker to monitor the energy transition process in the Western Balkans. The first edition of the tracker brings […]
Montenegrin power exchange BELEN to start trading toward year-end
Trading on the Montenegrin Power Exchange (MEPX) should start late in the year, said Dragana Radulović, PR and technical secretary of Berza Električne Energije (BELEN). In March last year, BELEN selected Nord Pool as a partner in establishing a day-ahead electricity market in Montenegro. Negotiations with Nord Pool are near completion Negotiations with Nord Pool […]
Bulgaria, Croatia, Romania, Slovenia to join Single Intraday Coupling project in November
The go-live of the second wave of the Single Intraday Coupling (SIDC, formerly known as the XBID) project is planned for November 19. The second wave will enable continuous cross-border trading of electricity in the intraday timeframe across Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, and Slovenia. With an additional seven countries due to go-live […]
Energy Community contracting parties must speed up reforms to meet market coupling deadlines – report
The pace of reforms in the WB6 region overall must be accelerated if market coupling is to take place within the time horizon foreseen. The establishment of a legal framework harmonised with the Third Energy Package and a power exchange, the key prerequisites, are yet to be completed by all WB6 Contracting Parties, the Energy […]
Albanian government adopts decision to set up power exchange
The Government of Albania has adopted a decision to establish a power exchange, with day-ahead and intraday markets, according to the Albanian energy minister, Belinda Balluku. The power exchange will be established in accordance with EU directives and as a step in energy sector reforms, Balluku said in a press release, adding that the power […]
Bulgaria: the drive for full liberalization of the energy market and the upcoming changes
Authors: Dimitar Zwiatkow (Partner), Maria Harizanova (Associate), at Pavlov and Partners Law Firm in cooperation with CMS Reich-Rohrwig Hainz Rechtsanwälte GmbH The electricity market in Bulgaria is undergoing certain major changes, including the introduction of new rules for renewable energy producers, the abolition of the electricity export tariff, and market coupling projects, which will also affect the […]
BELEN selects Nord Pool as partner to establish Montenegrin day-ahead power market
Berza Električne Energije (BELEN), the power exchange company of Montenegro, has selected Nord Pool as a partner to create the first competitive Montenegrin day-ahead power market, which is expected to be operational in 2020. The cooperation will include support to establish processes and procedures required to operate a national day-ahead market in Montenegro, market coupling […]
Bulgaria, North Macedonia, Albania sign memorandum on day-ahead market coupling
The transmission system operators (TSOs) of Bulgaria – ESO, North Macedonia – MEPSO, and Albania – OST have signed a memorandum of understanding (MoU) which envisages the day-ahead market (DAM) coupling. The MoU was signed by ESO CEO Angelin Tsachev, MEPSO CEO Sasho Vasilevski, and OST CEO Skerdi Drenova in Sofia. According to ESO’s press […]
