Mid-term Wholesale Price Forecast for Italy and South East Europe with Evaluation of Congestion Revenues for CGES (Montenegrin TSO) for period 2020-2022
client: CGES a.d. (Montenegro)
type: Study
finishing date: July 2019
team: Dusan Vlaisavljevic – Project Leader, I. Mihajlovic Vlaisavljevic, B. Lekovic
The aim of the Study was to perform electricity market analysis with mid-term wholesale price forecast for Italy and South East Europe, in order to provide assessment of congestion revenues for CGES (Montenegrin TSO) in period of 2020 – 2022.
The Study activities included analysis of “futures” contract prices for bidding zones of interest, as well as wholesale market modeling and simulations in ANTARES software tool with the aim to quantify the CGES congestion revenues on HVDC link towards Italy, as well as congestion revenues on other electrical borders.
Type of services provided:
- Mid-term wholesale price forecast (2020-2022) for Italy and South East Europe
- Assessment of congestion revenues for CGES in period 2020-2022