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Detail – Energy Country Profile

South-eastern Europe plans common power capacity market in July 2014

South-eastern Europe will have a common organisation to coordinate cross-border power capacities in July 2014.

The Energy Community, Albania, Bosnia, Croatia, Macedonia, Greece, Kosovo, Montenegro, Romania, Slovenia and Turkey decided to create the Coordinated Auction Office (CAO), to be based in Montenegro, in 2012. Serbia joined the project recently.
The CAO is expected to link isolated power markets of the region and to cut the costs of power. Serbia plans to implement a spot power exchange in 2014 and to joint other regional day-ahead markets later.

Source: 14 October 2013