The largest obstacle for the integration of electricity markets in 8th
Region is its legal basis lacks harmonisation and implementation. Structural changes
like a number of legislative previsions are necessary for promoting the
creation of a regional market. A SEE RAP have been jointly developed by the ECRB
and ENTSO-E Regional Group SEE. Its state that the establishment and existence
of operational organised market structures are prerequisites for the RAP
Targets for the day-ahead timeframe, implying the nomination and/or
establishment of electricity market operators.
Regard the progress made, the SEE region’s TSOs are already running a
coordinated capacity calculation process based on a rotational sharing of model
merging responsibility. However now with the adoption of the CACM Network Code
in the European Union, it is expected to enter into force subsequently in the
entire Energy Community. Its sets in place harmonised of cross border markets
in timeframes closer to real-time (spot markets) will lead to a more efficient
matching of demand and supply, promote the long-term sustainability of the
industry and consequently benefit customers.
For that, it is important to avoid the creation of barriers to the
establishment of a Single European Price Coupling. The rules contained in the
CACM Network Code will have to provide the basis for the implementation of a
single energy market not only for the countries of the region but also to allow
the EU Member State TSOs to follow their obligations in a reasonable manner
with its interconnected partners. Then any delay in implementing its provisions
due to a potentially staggered inclusion into the Energy Community acquis has
to be removed.
Positive developments with regard to the establishment of organised
market and the related governance structures come mainly from Croatia and
Serbia. In more form February, the Italian Borders Market Coupling was
launched, and with it the integration into the Multi-Regional Coupling (MRC)
achieved. Another milestone was the integration of the Romanian bidding zone
into the coupling initiative comprising Hungary, Slovakia and the Czech
Republic, what become the so-called 4M Market Coupling.
In this
regard, at the begin of July 2015 the Albanian Ministry of Energy announces the
plans for the release of its power exchange platform. Announcement that follow
the enactment the new Law of the Electricity Sector no 43 on 30th April 2015.
The new law that aim a fully aligned with Directive 2009/72/EC of the European
Parliament and the Council, dated 13 July 2009 “On common rules for the
internal market in electricity”.
The
core of the rules governing trading activity and market entry is address in the
article 98 “Market Rules” state that ERE, upon proposal of the TSO and in
collaboration with all participants of the electricity sector, shall adopt the
Electricity Market Rules, in accordance with this law and the Electricity
Market Model, including the rules for planning, dispatching, balancing,
settlement of disputes and requests for reserve management. In regard, the
Market Rules shall be adopted by the ERE, within 1 (one) year from the date of
entry into force of the new law.
Then, even
the fully implementation of the above prevision of the Law 43 / 2015 will
require a further time it constitutes a precise and solid step forward. In meanwhile
of the normative activation, it can be conclude with the market participation
requirements should provide low market entry barriers and regulatory
facilitation to be harmonised and gradually reduced where outdated, seen that it
is in the interest of all parties to have functioning markets based on the best
possible rules. Where these rules provide for all minimum requirements, no
additional trading licenses should be required.
The here communication came within the framework of
preparation of the analytic report, to be release soon by ACERC, about
liberalisation and organised market in Albania. In cases of interest to the
directly involvement as author with analyses or for any other forms of support
and partnership, contact us at the info@albaniaenergy.org. For more keep update
with the EU & WBs
/ Albania Energy Regulatory Updates or visit the Official Page of ACERC.