Energocom allocated transmission capacity on JAO European platform

The joint stock company Energocom was allocated cross-border transmission capacity on the JAO (Joint Allocation Office) platform. The company said that this way it extends the possibilities of buying electricity from any European country, IPN reports.

“This opens the way for new cooperation relations and we will this way be able to sign contracts with partners from other European states,” said Victor Bânzari, acting director of SA Energocom.

The JAO is a service company that hosts Europe’s single leading trading platform for cross-border transmission capacity. On behalf of TSOs, JAO auctions the available long and short-term transmission capacity rights on all internal EU borders.

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