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.

SEE CAO Notice : Bank guarantee

Podgorica, Montenegro, 09th of November, 2014

Regarding multiple questions raised by traders related to bank guarantee, SEE CAO announces following:

The bank issuing the guarantee in favor of SEE CAO (i.e. the guarantee bank) or the financial group, the guarantee bank belongs to, must conform to at least one of the following requirements regarding its long-term credit rating:

Moody’s - minimum “Baa3”,
Fitch/IBCA – minimum “BBB-”,
Standard & Poor’s – minimum “BBB-”.

Statement of Acceptance - information

Podgorica, Montenegro, 16th of October, 2014

SEE CAO informs all Traders interested to participate in auctions which will  be performed by SEE CAO,  that in line with the Auction Rules of SEE CAO, signed Statement of acceptance and remaining requested documents necessary for the traders to be registered as Auction Participants,  could already be sent to SEE CAO.

Testing with Traders

Podgorica, Montenegro, 8th of October, 2014

Traders who are willing to participate on the Test Auctions scheduled for October 2014 and who didn’t attend the 1st SEE CAO Traders workshop, to contact SEE CAO personnel  (auctionoffice@seecao.com ) for any additional information. 

Please find schedule of Auctions on image below.

SEE CAO welcomed the Auction Participants at the 1st SEE CAO Traders Workshop!

Bečići, Montenegro, 1st of October, 2014

1st SEE CAO Traders workshop took place in Hotel Splendid, Bečići, Montenegro on 1st of October 2014. More than 60 Auction Participants from the region took a role in the process of evolvent a Coordinated Auction Office in South East Europe by participating on the 1st SEE CAO Traders workshop, which  presents a huge step forward in this final and very sensitive phase of SEE CAO's establishment.

Updated - SEE CAO Certificate User Guide

Podgorica, Montenegro, 18th of September, 2014

SEE CAO Certificate User Guide. updated, version 2, October 2014.

SEE CAO would hereby like just to stress out that in order to access the  DAMAS users need to have the token (certificate). 

For the users already working with CGES applications, current token issued from Pošta CG will be acceptable.

Call for application - Auction Operator

Podgorica, Montenegro, 7th of August, 2014

Terms of References for the position of

Auction Operator

Coordinated Auction Office in South East Europe

JOB DESCRIPTION

Candidates must fulfill the requirements of this job profile (description). Applications are limited to representatives from the countries of shareholding TSOs of the SEE CAO. Secondments of the shareholding TSOs could be allowed.

ADMINISTRATIVE INFORMATION 

Auction Rules SEE CAO v1.1.

Podgorica, Montenegro, 7th of August, 2014

Updated: August 13, 2014

SEE CAO publishes draft of the Auction Rules version 1.1..

This final draft of Auction Rules will remain such (final draft) until approved by all National Regulatory Authorities (NRAs) of the countries which TSOs are participating in the SEE CAO. Only then Auction Rules will become official and come into force what will be communicated on the website of SEE CAO!

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About Us

SEE CAO is an allocation platform for the region of South East Europe, which performs yearly, monthly and daily coordinated auctions of cross-border capacity rights on 6 borders between Croatia, Bosnia and Herzegovina, Montenegro, Albania, Greece, FYROM and Turkey.