Hungary, Serbia set to double power interconnection capacity

Hungary and Serbia plan to double their cross-border power interconnection capacity and exchange, according to Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó. Increasing the interconnection capacity will enable electricity balancing between the two countries, Serbian Mining and Energy Minister Aleksandar Antić said following a meeting with Szijjártó in Budapest. Hungary has a strong […]

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 […]

Electricity prices to dive 30% in the region – analyst

Electricity prices in the region could fall 30%, said Nickolay Kiskinov, managing partner at Bulgaria-based Vladimirov Kiskinov Attorneys-at-law. The current electricity prices at the power exchange in Bulgaria are mostly similar to those in the European western markets where, after the initial collapse, prospects are beginning to change due to expectations of economic recovery, he said […]

Serbian power futures begin trading

The European Energy Exchange (EEX) has registered the first trade in Serbian power futures, the Serbian power exchange, SEEPEX, announced today. EEX registered the first trade in Serbian power futures, specifically a monthly future for July, at the price of EUR 51.45 per MWh, SEEPEX said. The first trade in Serbian power futures, specifically a […]