Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
Supported byClarion Energy
HomeSEE Energy NewsGreek RAE: The...

Greek RAE: The launch of energy exchange target model postponed

Representatives of electricity transmission system operator ADMIE said that the target model’s delay could be over one month long. Given the summer break in August, the launch may need to be postponed even further. According to Greek Regulatory Authority for Energy (RAE), the target model and the launch date, scheduled for 30 June, is no longer possible, unless unforeseeable changes occur. The main issue is for how long the launch will be postponed.

General Electric said that it cannot deliver a finalized platform for ADMIE’s balancing market over the next few days, as had been planned, due to coronavirus crisis. Therefore, a trial run of market systems officially scheduled for 10 April is no longer possible. However, ADMIE believes trial runs can still be performed without the balancing market’s finalized platform.

Despite the difficulties in the coming period, the Ministry of Energy still considers the existing target model launch date as official, stating that it will make all efforts to achieve it.

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Energy markets weekly: Brent, TTF gas and CO2 prices show moderate fluctuations in late August

During the fourth week of August, Brent oil futures for the Front Month on the ICE market reached a weekly high settlement price of $68.80/bbl on Monday, August 25. Prices then fell 2.3% on Tuesday, August 26, hitting a...

Europe: Electricity prices show mixed trends in late August, forecasts point to September declines

During the fourth week of August, electricity prices in major European markets showed mixed trends compared to the previous week. The Nord Pool market in the Nordic countries recorded the largest weekly average increase at 58%. Italy’s IPEX market...

European electricity demand trends: August growth in most markets, UK declines

During the last week of August, electricity demand rose in most major European markets compared to the previous week. Italy saw the largest increase at 6.3%, followed by France at 3.2% and Germany at 2.1%. Spain recorded the smallest...
Supported byVirtu Energy
error: Content is protected !!