On this day in 2023, ALPEX was established as a joint venture company owned by the transmission system operators of Albania (OST) and Kosovo’s Electricity Transmission System Operator (KOST). The Albanian Power Exchange (ALPEX) stands as a testament to regional collaboration in the energy sector.  

The development of Albania’s day-ahead market is a significant milestone towards advancing the country’s electricity markets and ensuring a transparent price signal for investments in renewable energy. ALPEX is now expected to launch the intraday market and prepare for market coupling, which is essential for boosting liquidity.

This collaborative effort signifies a commitment to fostering stability and efficiency in the power sector, transcending national boundaries for the greater good of both countries. By combining the expertise of OST and KOST, ALPEX serves as a centralized platform for trading electricity, optimizing resource allocation, and promoting fair competition. The launch of ALPEX has far-reaching implications, not only for bolstering the energy infrastructure of Albania and Kosova but also for enhancing the resilience of the broader regional energy market. The exchange provides a transparent and standardized marketplace for participants, encouraging a dynamic interplay of supply and demand.

This not only ensures a more balanced distribution of energy resources but also contributes to the development of a sustainable and diversified energy landscape. The exchange not only symbolizes a shared vision for energy security but also serves as a catalyst for economic growth and stability in the region.