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 […]
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 […]
Kopač: Creation of Albanian power exchange would be real game changer for region
Reforms must continue without delay in order for Albania’s energy consumers to truly benefit from the changes, Janez Kopač, Director of the Energy Community Secretariat said. During his visit to Tirana Kopač met with key Albanian energy sector stakeholders to take stock of achieved reforms and the priorities ahead, Energy Community said in a statement. […]
Bulgarian, Macedonian TSOs to conduct joint auctions for capacity allocation
Bulgarian electricity transmission system operator ESO and its Macedonian peer MEPSO have signed an agreement to conduct joint auctions for capacity allocation, the Bulgarian transmission system operator (TSO) said in a statement. The document was signed by ESO CEO Ivan Yotov and MEPSO General Director Sašo Vasilevski during a joint session of the governments of […]