New common capacity allocation office in Central-Eastern Europe founded by eight Transmission System Operators to foster development of regional electricity market

Foundation Charter of the Common allocation office for Central East Europe (CAO) signed on 17 July by 8 TSOs . The European electricity market is currently divided into seven European regions in order to enhance the Internal European Electricity Market by fostering market developments firstly at a regional level.

One of these regions is Central-Eastern Europe (CEE) which includes Austria, Czech Republic, Germany, Hungary, Poland, Slovakia and Slovenia. The eight transmission system operators (TSOs) Verbund – Austrian Power Grid AG, ČEPS a.s., Electro-Slovenija d.o.o., E.ON Netz GmbH, MAVIR Hungarian TSO Company Ltd., PSE-Operator S.A., SEPS a.s. and Vattenfall Europe Transmission GmbH have now established the common capacity allocation office (CAO) to implement a regional coordinated congestion management in CEE.