On the session held on November 30, the Council of the Energy Agency of the Republic of Serbia has approved rules regulating procedure and methodology for cross-border capacity allocation between bidding zones of transmission system operators of the Republic of Serbia EMS JSC and transmission system operators of North Macedonia (MEPSO), Romania (Transelektrika), Bosnia and Herzegovina (NOSBiH), Bulgaria (ECO), Croatia (HOPS) and Montenegro (CGES) for 2024.
The organization of joint auctions enables more efficient use of capacity on the borders between bidding zones which leads to the improvement of conditions for electricity market development in the Southeastern Europe and its integration into the European market.