AERS APPROVED THE AGREEMENT BETWEEN SERBIAN AND HUNGARIAN TRANSMISSION SYSTEM OPERATORS
Tuesday, November 13, 2012.
On its session held on November 13, the Agency Council approved the Agreement between transmission system operators of the Republic of Serbia (EMS) and of the Republic of Hungary (MAVIR), on procedure and manner of allocation of access rights to cross-border capacities for 2013, submitted by the Public Enterprise for electricity transmission and transmission system operation “Elektromreža Srbije”.
The Agreement was concluded in line with the European Union directives, The Treaty Establishing the Energy Community, national legislation and by-laws in both countries.
The Agreement will provide for a transparent procedure for cross-border capacity allocation between control areas of EMS and MAVIR via coordinated auctions. There are three annexes to the Agreement referring to annual, monthly, daily and intraday auctions. Operators’ jurisdiction is divided and therefore, on behalf of both operators, one of them will organise procedures for the allocation for the relevant time interval. For 2013, annual, monthly and intraday auctions will be organised by EMS, while the daily ones will be organised by MAVIR.
In comparison to the previously approved general Rules for the Cross-Border Capacity Allocation on the Borders of the EMS Control Area, the implementation of this Agreement will provide for greater possibilities to market players and improve conditions for electricity market development in the Southeastern Europe and its integration into the European market.