Europe: Gas prices hit...

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Romania: RO-UE transmission capacity allocation to start in November

Transelectrica and Ukrenergo, Romanian and Ukrainian electricity transmission system operators will hold the first joint auction for the allocation of cross-border transfer capacity on November 2.

Chairman of the Management Board of Ukrenergo Volodymyr Kudrytskyi said that this move is important ahead of a difficult winter because the Ukrainian mechanisms regarding the allocation of cross-border transport capacities will no longer represent a barrier to energy imports from Romania, adding that the allocation mechanism will be aligned with the relevant regulations of the European Union.

Ukrenergo signed agreements with transmission system operators of Hungary, Slovakia and Poland to join the pan-European JAO auction platform. After receiving approval from the regulators of neighbouring countries, Ukraine will be able to start joint auctions in all European directions.

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