December 15 (SeeNews) - Kosovo’s power transmission system operator KOSTT said it has started operating as a regulatory zone as part of the Kosovo-Albania (AK) regulatory bloc with its Albanian peer OST.
From now on, KOSTT will manage Kosovo's interconnection capacities with the transmission system operators in the neighbouring countries, KOSTT said in a statement on Monday.
Previously, KOSTT operated as part of Serbian grid operator EMS.
KOSTT and OST signed an agreement to set up a common energy market of the two neighboring countries in December, 2019. The agreement entered into force in late September after the European Network of Transmission System Operators for Electricity (ENTSO-E) assessed that KOSTT has met all the conditions set out in the agreement and is ready to operate independently of Serbia, KOSTT said earlier.
The first step toward establishing a common market was finalised in June 2016 with the inauguration of 400 kV interconnection power line worth 75.5 million euro ($91.7 million) between Albania and Kosovo financed by the German government.
Kosovo, considered to be a potential candidate for EU membership by the European Commission, unilaterally declared independence from Serbia in 2008.
($ = 0.8231 euro)