Devoll Hydropower Sh.A. is the first company based in Albania to publish the urgent market messages related to its assets in the EEX platform, in the frame of REMIT
Devoll Hydropower Sh.A. (DHP) is the first Albanian member of the European Energy Exchange AG Transparency Platform. We are happy to fulfil the publication requirements under the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT) and report our capacities and unavailability to this platform, in real time.
Statkraft promotes fair and transparent markets:
- We conduct ourselves in a responsible and professional manner.
- We abide by all applicable regulations and laws wherever we trade.
- We strive for sound risk management, transparent market conduct and integrity in all our dealings.
Statkraft welcomes the European Union’s “Regulation on Wholesale Energy Market Integrity and Transparency" (REMIT) which promotes market integrity and which requires the publication of inside information to all market participants simultaneously and in an effective and timely manner.
In Albania, REMIT is applicable based on the Energy Regulatory Entity Board Decision no. 126, dated 17.05.2021 “On the approval of the Regulation on Wholesale Energy Market Integrity and Transparency (REMIT)”.
DHP urgent market messages (UMM) are accessible at the link below:
About Devoll Hydropower Sh.A.:
Devoll Hydropower Sh.A. (DHP) is an Albanian registered company, part of the Norwegian Statkraft Group. In line with a Concession Agreement with the Albanian Government, Law no. 10083, dated 23.02.2009, amended, DHP is responsible for the implementation and operation of the Devoll Hydropower Project along the Devoll River, in southeast Albania.