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Montenegro’s CGES invites bids for power exports to Serbia in October

Sep 11, 2019, 9:49:36 AMArticle by Radomir Ralev
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PODGORICA (Montenegro), September 11 (SeeNews) – Montenegro's power transmission system operator Crnogorski Elektroprenosni Sistem (CGES) [MNG:PREN] said it is inviting bids for monthly available transmission capacity (ATC) of up to 200 MW for exports to Serbia for October delivery, it said.

Montenegro’s CGES invites bids for power exports to Serbia in October
Source: Pixabay

The auction for transmission capacities for exports to Serbia in October 2019 will be held on September 13, CGES said in a statement on Tuesday.

The price for allocated capacity cannot be lower than 0.10 euro ($0.11) per MWh, CGES said.

All unused monthly capacity will be offered at daily auctions, the company added.

($ = 0.905308 euro)

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