Serbia plans a power bourse in 2014
Serbia plans to set up a spot power exchange in the first quarter of 2014 with the aim of later joining it with other regional day-ahead markets, an official of its grid operator EMS said on Wednesday. Milos Mladenovic, EMS’s director for international and regulatory issues, said the SEEPEX exchange project would boost competition, increase liquidity and security of supply in the region, as well as develop reliable price indices. Regional grid operators, power utilities and other European power bourses would be offered roles as strategic partners and shareholders in SEEPEX, he added. In the initial phase, neighboring Bosnia, Montenegro and Macedonia could join SEEPEX before eventually linking with the Hungarian, Romanian, Czech and Slovak markets, another EMS official said.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.