Montenegrin Power Exchange Ltd. was established by COTEE, EPCG and CGES with the intention of establishing a wholesale organized power market in the form of an electronic trading platform.

REGAGEN has issued a licence to MEPX for operation of power exchange market, which is a part of wholesale power market.

Long-term Market Rules determine the terms and conditions for participation on long-term market, while the prices on long-term auctions are formed by pay-as-bid principle.