Renewables and the market: intermittent energy source balancing is not that hard to grasp
The COVID-19 pandemic has rocked electricity markets across Europe, including Serbia. “Prices on SEEPEX in May dropped by about 40% against the three-year average. This trend will continue for some time, while forecasts beyond that period will depend on how fast consumption returns to pre-pandemic levels,” according to Dejan Stojčevski, Chief Operating Officer of the […]
UPDATE: Albania suspends tendering for setting up power exchange
Albania’s Ministry of Infrastructure and Energy has decided to suspend tendering for companies and financial institutions interested in becoming shareholders of a joint-stock company which would operate the Albanian power exchange (APEX). In March, the ministry published an invitation to bid, with an April 27 deadline to submit applications. The tendering commission suspends the submission of […]
Montenegro to amend Law on Energy to boost renewables, regulate power exchange
A public call was issued for proposals and suggestions to remove obstacles for connecting structures to the grid, for the improvement of conditions for prosumers and to enable trade in electricity. Montenegro last changed its Law on Energy in 2017. The Ministry of Economy in Podgorica is receiving comments, proposals and suggestions until March 26 […]
TENDERING: Albania seeks partners to create power exchange
Albania’s Ministry of Infrastructure and Energy has invited bids from the companies and financial institutions interested in becoming shareholders of the joint stock company which would operate the power exchange. Albania’s transmission system operator OST will control 35% of the shares of the new company – the Albanian Power Exchange (APEX), which will be financially […]
HROTE, CROPEX making auctions of guarantees of origin more frequent
Volumes have strengthened since the start of the year amid a jump in production of power from renewable sources. The sale for the fourth quarter resulted in a total of 274,482 units changing hands at a marginal price of EUR 0.36 apiece compared to 899,199 guarantees of origin and EUR 0.48, respectively, for 2019 in […]
KOSTT, OST sign deal to establish Kosovo*-Albania regulatory block
Kosovo’s* transmission system operator (TSO) KOSTT and Albania’s transmission system operator OST have signed an agreement on establishing a regulatory block of energy system Kosovo*-Albania, KOSTT said in a press release. According to Kosovo’s* TSO, ENTSO-E is familiar with the agreement between KOSTT and OST, which was signed in Tirana with the consent of the […]
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 […]
Romania to allow investors to trade electricity from projects under development
Romania’s legislation will be amended to allow investors in energy projects to trade electricity to be generated by projects under development, in order to enable them to raise financing for their investments, Romania Insider reported. Investors in energy projects, particularly those in renewable energy projects, have been urging Romania’s authorities since 2012 to enable them […]