Signing of the Memorandum of Understanding for the development of the electricity market between OST, ESO, MEPSO.

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Signing of the Memorandum of Understanding for the development of the electricity market between OST, ESO, MEPSO.

It was signed in Sofia, Bulgaria The Memorandum of Understanding on the development of the electricity market between the Transmission System Operator Albania, OST JSC, ESO EAD and the Macedonian Transmission System Operator (MEPSO AD).

By signing this Memorandum, the three parties declare their readiness to collaborate closely and to contribute to the development of the energy market among them.

It is also expected to unite the energy market of the three countries, accompanied by an implicit allocation of interconnection capacity allocations in line with the European target model.

By signing the document, the three energy transmission system operators express their determination to develop regional co-operation through the establishment of a Regional Security Coordination Center in a SEE member state.

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