SEE CAO Announces start of the operation

Podgorica, Montenegro, 10th of November, 2014

SEE CAO is proud to inform that, after many months of dedicated work on setting all needed precondition, it shall start its operation with Yearly Auctions for 2015 on 27th of November 2014 following the decision of its 7 shareholder TSOs at the meeting of SEE CAO Board of Directors held in Tirana on 6th November 2014.

Yearly Auction Specifications shall be published on 20th November 2014. Accordingly, the Yearly Auctions shall be followed with Monthly Auctions starting from January 2015, scheduled for 15th of December 2014, and with Daily Auctions, starting from 31st of December 2014 for delivery day of 01st January 2015.

Auctions shall be performed in accordance with the Auction Rules v1.1 published at SEE CAO web site, approved by all respective National Regulators Authorities except EMRA and ERE which formal approval is pending.

The borders covered by SEE CAO in this first phase of operation are stated in the table below. Unfortunately, not all of the planned borders could have been included in the Auction Process of SEE CAO from the very beginning of its operation due to certain issues which should be resolved in next period. Once these issues are resolved, SEE CAO shall extend auctions performed to the full scope of borders from the table below.

Borders Y Auction 2015 M Auctions 2015 D Auctions 2015
HOPS < > NOS BiH SEE CAO SEE CAO SEE CAO
NOS BiH < > CGES SEE CAO SEE CAO SEE CAO
CGES < > OST CGES/OST SEE CAO2 SEE CAO2
CGES < > KOSTT - SEE CAO3 SEE CAO3
OST < > KOSTT - SEE CAO2,3 SEE CAO2,3
IPTO < > OST IPTO/OST SEE CAO2 SEE CAO2
TEIAS < > IPTO SEE CAO SEE CAO1 SEE CAO1

Subject to approval of Auction Rules by EMRA

Subject to resolution of VAT issue in Albania

Subject to resolution of KOSTT Control Area status

Share this post