Three new signatories have joined the WB6 regional electricity market integration initiative. The Romanian transmission system operator CNTEE Transelectrica SA, the Greek transmission system operator IPTO SA and the Greek market operator LAGIE SA have signed the Energy Community’s Western Balkan 6 Memorandum of Understanding (MoU) on regional electricity market development.
The initiative is aimed at taking steps towards electricity trading on integrated spot markets, regional balancing and regional capacity allocation. The new signatories will join the Programme Steering Committee on day-ahead market integration, whose task is to address all measures and steps needed for going-live of functioning day-ahead markets in and between the signatory countries.
The WB6 Memorandum of Understanding explicitly targets the involvement of ministries, transmission system operators, national regulatory authorities and power exchanges of neighbouring EU Member States in the market integration projects under the MoU. The Italian energy regulator and the Croatian Power Exchange have already signed the WB6 MoU. Discussions with other EU stakeholders are ongoing.