Albania, ALPEX has joined Europex as an associate member

, SEE Energy News

ALPEX, a joint venture of electricity transmission system operators of Albania and Kosovo, has joined the Association of European energy exchanges (Europex) as an associate member.

The statement from the association said that ALPEX is working to set up a day-ahead and intraday market for electricity in Albania and Kosovo and to become a nominated electricity market operator, with the market go-live currently scheduled for the fourth quarter of this year.

Last month, ALPEX said that its digital trading platform for the day-ahead and intraday markets will be provided by a consortium of three Greek companies. The three companies in question are Hellenic Energy Exchange (HEnEx), EnExClear (the clearing house for HEnEx) and the Athens Stock Exchange. The consortium’s offer worth 1.83 million euros was selected as best at the tender launched last summer. The winning consortium will ensure the establishment of day-ahead and intraday markets of the Albanian Electricity Exchange, as well as the coupling of Albania’s and Kosovo’s electricity markets.

It is expected that the contract will be signed in February, which means that Albania will have its electricity exchange operational by November, with two additional months needed for AlbaniaKosovo market coupling.

ALPEX was established in October 2020 by Albanian electricity transmission system operator OST and its Kosovo counterpart KOSTT as its only shareholders with 57.25 % and 42.75 % stakes.