Towards Trieste Summit – Western Balkan 6 more than halfway through creating a regional electricity market, ECS, 03 Apr 2017
Less than four months to go to the Trieste Summit, the Western Balkan 6 countries have reached the halfway point of meeting the 2015 Vienna Summit targets, which aim to create a regional electricity market. Even in the area of spot market establishment, where development was previously lagging behind, progress at both national and regional level has been made in the last monitoring period. The initiative for day-ahead market coupling under the multi-stakeholder Western Balkan 6 Memorandum of Understanding on regional electricity market development continued to grow. The initiative now counts eight EU stakeholders from five Member States. At the national level, Montenegro finalized all necessary steps to register a company with the task to establish a day-ahead market. The Government of former Yugoslav Republic of Macedonia took a decision…