Memorandum of Understanding for the coupling of the electricity markets of Balkan countries were signed by Regulatory Authorities, Transmission System Operators, and Power Exchanges, on Tuesday, 14 November 2023 in Athens, during a meeting organized by the U.S. National Association of Regulatory Utility Commissioners (NARUC), the U.S. Energy Association (USEA), and RTI International with the support of the Hellenic Regulatory Authority for Energy, Waste, & Water and sponsored by the U.S. Agency for International Development (USAID).
The signing of the MoU represents a possibility for MEMO and for North Macedonia to take the next step towards further integration with the Power Exchanges of the rest of Europe. Doing so we will make a surrounding capable of optimizing the use of cross-border electricity interconnections and trade and will lead to a more sustainable clean energy transition