Albanian Power Exchange At The Door Step

The Albanian Energy Law was recently amended introducing specific rules about the power market operator – Albanian Power Exchange (Albanian PX). The Transmission System Operator (TSO) is to incorporate the Albanian PX, either solely, or in cooperation with other legal entities with relevant international experience and good reputation. Within 6 months from the entry into force of the said amendment (i.e. within September 2018), the Albanian government is expected to set forth detailed rules about the legal form and ownership structure of the Albanian PX as well as the selection process and qualification requirements of other entities interested in participating in the PX. This marks an important step towards the liberalization of the electricity market in Albania.