Hungary interested in investing in energy capacities of Montenegro
Hungarian companies are interested in investing in Montenegro’s energy sector, said Peter Szijjarto, Hungarian Minister of Foreign Affairs and Trade, during his recent visit to Podgorica. Investing in Montenegro’s energy capacities is of a particular interest to Hungarian companies, the minister said during a meeting with Montenegrin economy minister Dragica Sekulić. According to Szijjarto, Montenegro […]
Serbian section of Trans-Balkan Electricity Corridor put into operation
The Power system operator Elektromreža Srbije (EMS) put into operation the 68 km long Serbian section of a 400 Kv transmission line to Romania, as part of the Trans-Balkan Electricity Corridor project. The EUR 27-million power transmission line is the first completed section of the Corridor. It connects Pančevo, northeast from Belgrade, and Resita in […]
EPCG joining SEEPEX later this year just the first step in further integration with other power markets
Elektroprivreda Crne Gore (EPCG), national power utility company of Montenegro is currently preparing paper work to become member of SEEPEX, licensed Serbian power market operator. CEO of SEEPEX Miloš Mladenović sees this move as mutually beneficial, one which will provide EPCG with safe and stable energy trading platform, along with increased regional presence and improved […]
CROPEX joins Western Balkan 6 electricity market integration initiative
The Croatian Power Exchange (CROPEX) signed the Western Balkan 6 (WB6) Memorandum of Understanding on Regional Electricity Market Development. By signing the memorandum, CROPEX declared its willingness to participate in the day-ahead electricity market integration project, Energy Community Secretariat reported. The Croatian Power Exchange will join the Programme Steering Committee on day-ahead market integration, whose […]
SINCRO.GRID project to secure regional electricity supply
Four Slovenian and Croatian transmission and distribution system operators (TSOs and DSOs) are implementing the SINCRO.GRID project aimed to secure regional electricity supply. The SINCRO.GRID project implements an innovative cross-border approach with the aim to solve short-term operational security issues impacting Slovenia, Croatia and the whole South-Eastern Europe (SEE) region. A key aspect of the […]
Montenegro finishes laying its part of underwater power cable with Italy
Montenegro has finished laying its part of the underwater power cable with Italy. The operation ended near the cape of Jaz, where a substation is being built. Montenegro is set to become a regional hub for transfer of electricity between Western Europe and Western Balkans, once the entire project is finished in 2018. The laying […]
Italy supports Western Balkan 6 day-ahead market integration
Italian national energy regulator Autoritá per l’energia elettrica, il gas e il sistema idrico has joined the Western Balkan 6 day-ahead market integration and cross- border balancing initiative. That is the first EU stakeholder in the project announced Energy Community on its website. Italian state energy regulator signed the Memorandum of Understanding (MoU) on Regional […]