Montenegro, EPCG Belgrade’s first transaction on SEEPEX
, SEE Energy NewsThe next step is to establish a company on one of the stock exchanges in the EU countries
Elektroprivreda Crne Gore (EPCG) announced that on June 13, its subsidiary in Serbia – EPCG Belgrade, realized the first transaction on the Serbian electricity exchange SEEPEX. Thus, it is possible for EPCG to sell the surplus directly on the stock exchange, ie to buy the electricity deficit.
Considering that this is a day ahead of the market, this enables EPCG to make even better use of its own production, primarily from the Piva hydroelectric power plant, which can be marketed at the best possible prices, ie the most expensive profiles.
In this way, EPCG is gradually becoming involved in direct trade in foreign markets, and the next step will be to establish a company on one of the stock exchanges in the European Union. So far, partner companies have been used for these services, EPCG reports.
Source: epcg.com
LATEST NEWS
- January 31, 2023 Slovenia, Gen Energija plans to commission the second unit at its NPP Krsko in 2035
- January 31, 2023 Slovenia, Petrol expects 117 million euros profit in 2023
- January 31, 2023 Serbia, EPS is no longer dependent on electricity imports