Bulgaria and Macedonia have taken an important step towards coupling "day-ahead" electricity markets
Bulgaria and Macedonia will cooperate in a pilot project on the integration of energy markets between an EU Member State and a Contracting Party to the Energy Community Treaty. This is regulated in the Memorandum between the Ministry of Energy of the Republic of Bulgaria and the Ministry of Economy of the Republic of Macedonia for coupling "day-ahead" electricity markets. The document was signed today by Energy Minister Temenuzhka Petkova and her Macedonian counterpart, Economy Minister Kreshnik Bekteshi, in the framework of EU-Western Balkans Summit held in Sofia. The ceremony was attended by the prime ministers of Bulgaria and Macedonia Boyko Borissov and Zoran Zaev.
The Memorandum aims at creating an equal legal and regulatory basis for coupling "day-ahead" electricity markets between the two countries under non-discriminatory and fair conditions.
The signing of this document between the two countries is an element of the joint efforts of connectivity in the energy sector, employment and development of a competitive and integrated energy market in the region, fully in line with the coherent policy of the Republic of Bulgaria to ensure sustainable and affordable energy supply for Southeast Europe.
