Energy market Operator M of Moldova designated as operator for international coupling of electricity markets
The National Energy Regulatory Agency (ANRE) has designated the Energy Market Operator M Ltd Company (OPEM) as the electricity market operator in charge of carrying out the international coupling of the Next Day Market (PZU) and the Intraday Market (PPZ).
ANRE emphasized that this decision was a crucial step for Moldova's integration into the regional electricity market, ensuring modern, transparent and non-discriminatory energy trading conditions at the European level.
The international coupling of markets will allow for more efficient use of energy resources, contribute to stabilization of prices and encourage competition to the benefit of consumers.
‘’OPEM, a subsidiary of the Romanian operator OPCOM, an entity with extensive experience in managing PZU and PPZ markets, has proved that it meets all the legal requirements established by national and European legislation in the field,’’ ANRE said.
The designation took place after ANRE had found out that OPEM had the necessary technical infrastructure for operating trading platforms, complied with principles of transparency, confidentiality and non-discrimination and had adequate market supervision and cooperation capabilities with European authorities.
At the same time, ANRE established that OPEM had implemented robust systems for compensating and settling transactions that will be conducted within the electricity markets and applies separate accounting for regulated activities, guaranteeing financial efficiency and transparency.
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