Albania, (ALPEX) has failed to find the supplier of digital trading platform for day-ahead and intraday markets

, SEE Energy News

The Albanian Energy Exchange (ALPEX) has failed to find the supplier of digital trading platform for day-ahead and intraday markets.

Failure of the second tender will surely delay the establishment of electricity exchange in Albania, which was initially scheduled for the third quarter of this year.

The tender failed because none of the submitted bids were in accordance with the terms of the tender, which were the same as in the first attempt. Procurement costs for both tenders were estimated at 1.8 million euros.

The process of establishing ALPEX began in March 2020, when the Albanian government announced a tender for companies interested in becoming shareholders. After the temporary suspension of the tender in April due to the coronavirus pandemic, the shareholders of the future energy exchange – the transmission system operators of Albania and Kosovo – were elected at the end of June.

ALPEX was established in October last year by Albanian electricity transmission system operator OST and its Kosovo’s peer KOSTT. Following the agreement on the establishment of the electricity exchange, the Energy Community Secretariat announced that ALPEX will have to procure day- ahead market management (DAM) services and market coupling after its establishment and consolidation.