Yearly auction for transmission capacities to be held on 25 November – Montenegro, 18 November 2016

Montenegrin electricity transmission system operator CGES announced that yearly auction for transmission capacities on the border Montenegro-Serbia will be held on 25 November.
The offered transmission capacities offered at the auction amount to 25 MW in both directions (RS-ME and ME-RS). Price for allocated capacity is equal with offered price in case of congestion and can not be lower than 0.1 euros/MWh. All unused yearly capacity will be offered on monthly auctions. The bidding procedure will take place between 9:00 and 11:00 AM on 25 November.

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