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 […]
Energy Community releases Policy Guidelines on wholesale markets, power exchanges
At this moment not a single functioning regional power market is in place in the Energy Community (EnC) Contracting Parties, EnC Secretariat concludes in Policy Guidelines on increasing Competition and Liquidity of Wholesale Electricity Markets, including Power Exchanges. The document provides recommendations on the legal and regulatory measures. The document is a result of the […]
EEX to introduce Bulgarian, Slovenian, Serbia power futures on June 3
On June 3, the European Energy Exchange (EEX) will expand its product range on the derivatives market with new power futures for the Bulgaria, Slovenia and Serbia market areas, EEX said on its website. Clearing and settlement of the new products will be carried out by European Commodity Clearing (ECC). The listing of the new […]
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 […]
Electricity prices across the region to increase by up to 40% in 2019
Electricity prices for businesses went up in Croatia this year, while hikes have been announced for 2019 in Serbia, of about 20%, and Bosnia and Herzegovina (BiH), of around 15%. At the same, wholesale prices in Romania could increase by 40%. Electricity supply for the business segment in the region has been liberalized, and state […]
Nord Pool, EPEX SPOT interested in strategic partnership with Montenegrin power exchange
Nord Pool and EPEX SPOT are interested in getting stakes in the Montenegrin Power Exchange (MEPX), which is starting preparations for a tendering procedure to select a strategic partner, with plans to launch operations in the third quarter of 2019, the Montenegrin government has said on its website. A document on regional energy market integration […]
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 […]