Serbia, Hungary hope to merge power exchanges by end-2019
Serbia and Hungary are hoping that the planned merger between their respective power exchanges, SEEPEX and HUPX, will take place by the end of 2019, creating a powerful regional exchange to the benefit of the entire region, according to Serbian Minister of Mining and Energy Aleksandar Antić. The merger will enable the two power exchanges […]
Greek PPC approved acquisition of regional power trading company EDS
Greek Public Power Corporation (PPC) approved the acquisition of Energy Delivery Solutions (EDS), electricity trading and supply company in former Yugoslav Republic of Macedonia (FYR of Macedonia). The approval comes three months after PPC said that it is close to acquire EDS. “PPC’s Board of directors after completing all the required economic and legal affairs […]
Consolidation inevitable for small power exchanges
Miloš Mladenović, managing director of Serbian power exchange operator SEEPEX, believes that the latest EU regulations introduce competition in the operations of power exchanges, which means that consolidation is inevitable for small power exchanges. In an interview with Balkan Green Energy News, Mladenović also discussed cooperation with Hungarian exchange HUPX, the introduction of an intraday […]
Regional electricity markets’ outlook for the near future
Author: Dejan Drašković, Chief Operating Officer, Montenegrin Power Exchange Since their emergence, power exchanges have become staunch promoters of market development: neutral entities advocating transparent electricity price formation, based on the current supply and demand. In order to find and secure liquidity, exchanges quickly started taking part in cross-border projects so as to carry out market […]
Hungarian HUPX and Serbian SEEPEX sign MoU to create new power exchange
The Hungarian Power Exchange (HUPX) and the Serbian South East European Power Exchange (SEEPEX) have signed a Memorandum of Understanding (MoU) which envisages a merger between the HUPX and SEEPEX spot power businesses. The MoU has also been signed by Serbian transmission system operator (TSO) Elektromreža Srbije (EMS) and its Hungarian peer MAVIR, as well […]
Sekulić: Montenegro takes steps towards establishing power exchange
Three leading companies in the Montenegrin power system have taken steps towards establishing a power exchange in the country, Minister of Economy of Montenegro Dragica Sekulic announced. Elektroprivreda Crne Gore (EPCG), national power utility company of Montenegro, Montenegro Electricity Market Operator (COTEE) and Montenegrin Power Transmission System (CGES), as founders, have already undertaken certain activities in […]