Electricity

Trading at ALPEX power exchange to start in second half of 2023

Trading ALPEX power exchange start second half 2023

Photo: ERE and ERO adopted market trading rules for ALPEX (ERO)

Published

December 28, 2022

Country

Comments

0

Share

Published:

December 28, 2022

Country:

Comments:

0

Share

Albania and Kosovo* have completed the regulatory framework for the Albanian Power Exchange – ALPEX, but the day-ahead market is now scheduled for launch in the second half of 2023. It was earlier planned for one month ago. Trading at the North Macedonian electricity bourse is on track for a kickoff in April or May.

The Montenegrin Power Exchange – MEPX was supposed to be launched by the end of this year, with the introduction of a day-ahead market. However, its operator BELEN recently said it opted for April, when the balance between supply and demand is expected to be more favorable.

The start of trading at the Albanian Power Exchange (ALPEX) was scheduled for November 23 but it was also postponed. In the meantime, the two firms started system testing and training future market participants.

Only Serbia has an operational power exchange in the Western Balkans – SEEPEX, which is now merging with BSP SouthPool from Slovenia to form the Alpine-Adriatic Danube Power Exchange or ADEX. The plan for a spot market in Bosnia and Herzegovina is still in the discussion phase.

Kosovo* to join day-ahead power market on ALPEX two months later

According to the calendar, the day-ahead market in Albania will be established in the second half of next year, the Albanian Post reported after the country’s Energy Regulatory Authority (ERE) and the Energy Regulatory Office (ERO) of Kosovo* approved trading rules and procedures. The deal at the meeting in Prishtina marked the completion of the regulatory framework for ALPEX.

The plan is to include Kosovo* two months later, according to the article.

Chairman of the Board of ERO Ymer Fejzullahu said the agreement is a big step toward the creation of a regional energy market for the Western Balkans. The launch of ALPEX will contribute to the European Union’s efforts to create a pan-European day-ahead electricity market, the regulatory body said in an announcement.

Trading rules in North Macedonia to be adopted by end-February

In another update, the National Electricity Market Operator (MEMO) of North Macedonia, the country’s nominated electricity market operator or NEMO, revealed the preparations for the opening of a day-ahead market there are going according to plan. Director Simon Šutinoski said the launch is expected in April or May and that the intraday market would be introduced later.

The Energy and Water Services Regulatory Commission is expected to adopt the trading rules by the end of February, after which the trial run will start, he pointed out.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

dusan zivkovic eps general manager elektroprivreda srbije

Dušan Živković appointed as general manager of Elektroprivreda Srbije

15 June 2024 - The Supervisory Board of the joint stock company Elektroprivreda Srbije has appointed Dušan Živković as the general manager

Rezolv secures EUR 191 million loan for Vifor wind farm in Romania

Rezolv secures EUR 291 million loan for Vifor wind farm in Romania

14 June 2024 - The beneficiary of the loans is First Looks Solutions S.R.L., project subsidiary of Rezolv Energy and Low Carbon

eps transformation plan djerdap 1

Serbia’s power utility EPS adopts Transformation Plan

14 June 2024 - By adopting the Transformation Plan, Serbia has met an important structural benchmark within the framework of the arrangement with the IMF

bulgaria NEK pumped storage hydropower batak dospat

Bulgaria’s NEK gets help to prepare construction of two large pumped storage hydropower plants

14 June 2024 - The pair of new renewable energy sources, named Batak and Dospat, will each add generation capacity of approximately 800 MW