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 […]

Montenegro to establish power exchange

The Government of Montenegro has adopted a plan for establishing Montenegrin power exchange in 2017 by local companies COTEE, CGES and EPCG. The plan of the Montenegro Electricity Market Operator  (COTEE) for the next year, accepted by the Government, states that the company is authorised to conclude the contract with the Montenegrin Power Transmission System (CGES) and Montenegrin […]

SEEPEX launches Serbian Day-Ahead market

The South East European Power Exchange said it started the Serbian Day-Ahead market, with 1,925 MWh being traded on the first day. Baseload, the average price of all hourly prices of the day, came out at EUR 23.83 per MWh. The settlement was slightly below neighboring power markets with market operators OTE, OKTE and HUPX […]

Electricity February 17, 2016