News
CATEGORY: Energy, Markets
LOCATION: Albania
START/END: 2017 - 2018
CLIENT: IFC (member of the World Bank group)
PARTNERS: E-Bridge Consulting (De), Elia Grid International (Be)
PROJECT VALUE: 263,257
LDK’s BUDGET SHARE: 27
STAFF PROVIDED: 4
Type of Services
Provision of all technical, regulatory and legal support to develop, establish and operationalize a working Balancing Market for Albania (ABM). In particular LDK provided:
- High Level Design of Balancing Market and Imbalance Settlement process
- Assessment of potential needs for primary or secondary legislation amendments and full development and drafting of detailed ABM rules
- Recommendations regarding the internal OST organization and Business Processes for operating the ABM
- Define the setting up of all Organizational issues, Business processes, legal agreements, interfaces and IT tools
- Training of local stakeholders on the operation of the balancing market
Description
The project consists of all the technical, regulatory and legal support to develop, establish and operationalize a working Balancing Market for Albania (ABM).
