CGES, KfW sign EUR 20 million loan agreement for Luštica transmission project
Montenegrin transmission system operator (TSO) Crnogorski Elektroprenosni Sistem (CGES) and German development bank KfW have signed a EUR 20 million loan agreement for the Montenegrin Coast: Lustica Region Development. The guarantee for the loan will be secured by the Government of Montenegro, and the collateral for the guarantee will be provided by CGES, in the […]
IBEX, ESO join EU XBID Local Implementation Project
The Independent Bulgarian Energy Exchange (IBEX) and the country’s Electricity System Operator (ESO) have become part of a project for market coupling of intraday markets (IDM) through the 15th XBID Local Implementation Project, IBEX said in a press release. The Local Implementation Project 15 (LIP 15) involves the market operators and transmission system operators (TSO) […]
U.S. Energy Association, USAID to support regional electricity market creation in SEE
The U.S. Energy Association (USEA) and the United States Agency for International Development (USAID) have structured a landmark agreement that supports the development of a regional electricity market among transmission system operators (TSOs) and market operators (MOs) in eight countries in Southeast Europe (SEE), the USEA said on its website. Under the new Electricity Market Initiative (EMI), […]
EU TSOs measures kick off amid fresh frequency deviations in CE power system
A new compensation programme, put in place by the Continental European TSOs, automatically kicked off on July 7 when the grid time deviation exceeded 60 seconds, ENTSO-E said in a statement, adding that the cause for the frequency deviations – a political dispute between the Serb and Kosovar authorities on electricity – has not been […]
Bulgaria, Macedonia to complete day-ahead market coupling by Q2 2019
Bulgaria and former Yugoslav Republic of Macedonia signed a Memorandum of Understanding (MoU) on the Day-ahead market (DAM) coupling which foresees the market coupling to be concluded by Q2 2019. Independent Bulgarian Energy Exchange (IBEX) EAD signed a MoU on DAM coupling with the Electricity Transmission System Operator (TSO) of Macedonia (MEPSO), Energy Regulatory Commission […]
Intraday allocation on Croatian-Hungarian border to be launched
Croatian transmission system operator (TSO) HOPS and Hungarian transmission system operator MAVIR announced the launch of intraday allocation on Croatian-Hungarian border on March 27. “The Go – Live date of intraday allocation on Croatian-Hungarian border is set at 18:00 of March 27, with the publication of ID ATC value, for the business day March 28”, […]
Energy Community backs certification of transmission system operator CGES
The Energy Community Secretariat supports the certification of the Montenegrin transmission system operator Crnogorski Elektroprenosni Sistem (CGES) in line with the Preliminary Decision of the Regulatory Energy Agency of Montenegro (RAE). RAE is to adopt a final certification decision, taking utmost account of the Opinion of the Secretariat. The Secretariat’s Opinion on the certification of […]
Projects for market coupling and cross-border balancing in Western Balkans launched
On 19 and 20 December, regional projects for technical assistance to support day-ahead market coupling and cross-border balancing in the Western Balkans were kicked-off at meetings held under the Western Balkan 6 (WB6) Initiative in Vienna. First sub-regional market coupling projects will go live by mid-January 2018. Beneficiaries of the two contracts are 6 Energy […]
