Electricity transmission system operators, energy exchanges and regulatory authorities from Albania, North Macedonia, Kosovo and Greece signed a Memorandum of Understanding for the coupling of their electricity markets.
MEPSO CEO said that the signing of this MoU is a part of the process in which all Balkan countries are working thoroughly and unreservedly. The coupling the electricity markets into a single European electricity market is a powerful tool for improving market liquidity, ensuring network stability, integrating renewable energy sources, and enhancing transparency and competition.
All participants in the market, including consumers and businesses, will benefit from these advantages, as it creates a dynamic and more efficient electricity market. The coupling into a single electricity market introduces a new era of energy cooperation, promising significant benefits for North Macedonia, Albania, Kosovo, and Greece in terms of improving energy security and integrating new energy resources. Consumers will also receive competitive and lower electricity prices.