Answering the question why it took such a long time for the “day ahead” market to come to life on the Montenegrin stock exchange, Medojević stated that the establishment of this type of market is, in principle, a long-term but also complex process, which was started at the level of analysis in order to determine an adequate model for the implementation of the project. which was carried out in our country with the technical assistance of the Secretariat of the Energy Community, which provided significant support to Montenegro during the entire procedure.
Later, some other moments that could not be influenced did not go our way, such as the withdrawal from the negotiations of the candidate for strategic partner selected in the first procedure, then the crisis caused by the covid-19 virus, and political instability, which are a big challenge for such projects – said Medojevic.
He added that, nevertheless, in the last two years, with the additional efforts of all the project holders, the activities have intensified.
The project was, to our great satisfaction, successfully implemented, and the services provided on the Montenegrin electricity exchange are in accordance with the highest EU standards and the best European practice, which has been provided for years across Europe by our service providers and business partners, German-French the EPEX SPOT company and the Slovenian BSP SouthPool – stated Medojević.
