Ekonomia

Albanian Energy Exchange starts operation

Albanian Energy Exchange starts operation

The Albanian Energy Exchange starts operating through the launch of the first auction of the day's advance market. The Deputy Prime Minister, at the same time the Minister of Infrastructure and Energy, Belinda Balluku declared that the creation of the energy exchange, which will be shared between Albania and Kosovo, is the crowning of a 5-year work.

"Today we are here to crown a 5-year work. A job which at some moments seemed impossible, as if it would never be resolved, as if it would never end. But in the meantime, the year 2022 has marked the extreme need to have an energy exchange for Albania and Kosovo. Here we are today, to start an important process, to launch Alpex's first auction and to give an opportunity to have 3 daily Itrade auctions within 12 months, completing this process" , she emphasized.

In a decision taken a few days ago, the Albanian government approved the procedures on which the activity of the Albanian energy exchange will operate. According to the decision, the Albanian Electricity Exchange is placed between the transactions of the parties within the electricity market and assumes the role of the buyer against the selling counterparty and the role of the seller against the buying counterparty, in order to guarantee the transactions.