Energy Community contracting parties must speed up reforms to meet market coupling deadlines – report
The pace of reforms in the WB6 region overall must be accelerated if market coupling is to take place within the time horizon foreseen. The establishment of a legal framework harmonised with the Third Energy Package and a power exchange, the key prerequisites, are yet to be completed by all WB6 Contracting Parties, the Energy […]
Bulgaria scraps electricity export fee, enabling market coupling with North Macedonia
Bulgaria has amended its energy law to abolish a fee levied on exports of electricity, in what will remove obstacles to trade with Energy Community contracting parties in the Balkans and pave the way for the future market coupling with North Macedonia, the Energy Community Secretariat said in a statement welcoming the move. The amendments […]
SEE CAO appoints Ivan Bulatović as new executive director
Coordination Auction Office in South East Europe (SEE CAO) has appointed Ivan Bulatović as the new executive director, SEE CAO said in a news release. SEE CAO manages the coordinated explicit allocation of cross-border transmission capacities on six borders in SEE region. Ivan Bulatović has extensive experience in the field of power systems and has […]
CROPEX to organize auctions for purchase of energy to cover grid losses
On May 6, the Croatian Power Exchange (CROPEX) will organize auctions for the purchase of energy to cover transmission system losses in the years 2020, 2021 and 2022 via the CROPEX trading platform. This was agreed between Croatian transmission system operator (TSO) Hrvatski operator prenosnog sistema (HOPS) and CROPEX. The application for participation in the […]
ESO receives grant for Maritsa-Nea Santa power line, CESEC updates Electricity Action Plan
The Bulgarian Electricity System Operator (ESO) and the Innovations and Networks Executive Agency of the European Commission have signed a EUR 28.6 million grant agreement under the Connecting Europe Facility (CEF) for the construction of the Bulgarian section of the 400 kV power line Maritsa East (Bulgaria)-Nea Santa (Greece). The agreement was signed during the […]
Slovenia, Bulgaria receive EUR 76 million in EU financing for cross-border power lines
EU Member States have approved EUR 48.2 million in aid under the Connecting Europe Facility (CEF) to Slovenian transmission system operator (TSO) ELES for the construction of the first power line between Slovenia and Hungary, as well as EUR 28.6 million to Bulgarian TSO ESO for the construction of the power line between Bulgaria and […]
CGES to pay dividend from retained earnings from previous years
Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem’s (CGES) shareholder assembly has backed a EUR 16.2 million dividend payment, the company said on its website. On the last day of 2018, the company’s shareholder assembly adopted the decision to allocate a gross EUR 16.24 million in dividends. This is a part of the company’s retained earnings […]
Auctions for cross-border power capacities at border with Bulgaria to be held by Joint Allocation Office from 2019
Auctions for cross-border power capacities at the border with Bulgaria will be held by Joint Allocation Office S.A. (JAO) from Luxembourg from next year, the Energy Agency of the Republic of Serbia (AERS) said in a press release. So far, the long-term auctions have been conducted by Bulgarian transmission system operator (TSO) ESO, while daily […]
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