Tag: electricity interconnection

CGES earned 3 million euros through ME-IT capacity auctions – Montenegro, 14 January 2020

Montenegrin electricity transmission system operator CGES has earned around 3 million euros by auctioning the capacity of an undersea cable connecting Montenegro and Italy. The electricity interconnection was put into operation in November last year, and in December the Coordinated Auction Office Full article available for subscribers of Energy NEWS service (PDF publications, energy news, […]

Third phase of Cyclades interconnection to be completed by late 2020 – Greece, 04 December 2019

Greek electricity transmission system operator ADMIE announced that the third phase of the Cyclades underwater electricity interconnection, between the island of Syros and Lavrio, east of Athens, should be completed in the fourth quarter of 2020. The total cost of this project, which is co-financed Full article available for subscribers of Energy NEWS service (PDF […]

Auction rules for Montenegro-Italy cable published – Region, 25 November 2019

Rules for the newly commissioned submarine cable between Italy and Montenegro specify allocation of daily and forward capacity allocations. Daily capacity allocation on MEITA border: Daily auctions: bidding 09:30 – 10:00, Monday-Sunday Bidding zone border: Italy CSUD – Montenegro Settlement Full article available for subscribers of Energy NEWS service (PDF publications, energy news, analyses, power […]