Daily Auctions on Greece-Turkey successfully launched
PODGORICA, 30/09/2015
During August 2015, Greece’s IPTO and Turkey’s TEIAS announced that there are no more obstacles in integrating their border in SEE CAO Auction Process in September 2015. Therefore, the first joint Monthly Auction on Greece-Turkey border was successfully conducted on 17th September by SEE CAO, and have been followed by also successful first Daily Auctions on 30th September 2015 for Delivery Day 01st October 2015.
Introduction of Daily Auctions on GR-TR border represent the biggest step forward in SEE electricity market, since this process has been performed for the first time ever and the new product within electricity market is launched.