Nominated electricity market operators in Europe are starting joint member testing on April 7 for cutting the cross-zonal day-ahead power trading interval to 15 minutes. The switch is expected to improve the integration of renewable energy sources. The European wholesale electricity market is preparing to switch its market time unit (MTU) from 60 to 15 […]
Greece’s government-controlled power utility PPC and Masdar’s subsidiary Terna Energy are separately building two photovoltaic plants in Bulgaria, worth an estimated EUR 190 million in total. The biggest two renewable energy companies in Greece have taken over one major project each in neighboring Bulgaria, where domestic investors dominated the photovoltaics market until recently. Soon after […]
The Energy Community Secretariat initiated ex officio preliminary dispute settlement procedures against Albania, Bosnia and Herzegovina and Ukraine for the lack of unbundling of the countries’ electricity distribution system operators. In its Opening Letters, the Secretariat takes the view that the three Contracting Parties fail to comply with their obligations under the Energy Community Treaty by (completely, partly or incorrectly) not having […]
The Ministry of Infrastructure and Energy in Albania has announced on Monday that it has received 10 new expressions of interest for the construction of photovoltaic parks in the country. The requirements of various companies for the construction of these plants have been numerous throughout the summer after the approval of tariffs that the government […]
The Electricity Transmission System Operator of Macedonia AD MEPSO published tenders inviting proposals for goods and services for its project to rehabilitate and modernize its nation-wide power transmission grid along with a power system control project. The total investment in the projects is estimated to stand at EUR 40.5 million. The money to finance the […]
Albania has to import around 80 percent of electricity to cover consumption due to the exceptionally dry period and high temperatures, according to the media. The Albanian Power Corporation (KESH) has signed a contract to import 434,000 MWh of electricity in order to secure power for the month of August. The contract is worth EUR […]
The Western Balkan Six (WB6) countries have been progressing in developing their electricity markets at different pace, while the regional market is still to take shape, the Energy Community Secretariat assessed in its WB6 Electricity Monitoring Report. The report was presented at the WB6 Summit in Trieste on July 12. It analyses progress made at […]