About Me

Milan Vukasovic (born 1981 in Sarajevo, BiH) received his Dipl-Ing. and MSc. in Electrical Engineering, both from the Faculty of Electrical Engineering Podgorica, Montenegro. After gaining valuable experience in real-time transmission system operation in CGES (Cronogorski Elektroenergetski Sistem), he moves to Austria at the end of 2007 where he starts to work as the Project Manager in the Market Management Department of the Austrian Power Grid AG (APG). He currently leads a team of 10 employees in the System Operations Department, within the same company.

In the last ten years, Milan has been engaged in the implementation of the most important European energy market projects. His main interests are in the electricity markets, load-flow analysis and energy market simulation, congestion management, demand-side response, home automation and computer applications in the power systems. He is co-convener of the regional ENTSO-E market Task Force (TF) in South-East Europe as well as being the Chairman of the RD&CT Cost-Sharing PT within the Core CCR (Capacity Calculation Regions).

He published numerous scientific papers and articles in various international high-ranked journals and conference proceedings (see excerpt in the text below).

Hobbies: Web development & design, home automation (mainly with the raspberry pi), travelling and basketball. Interested in journalism (being the radio editor and host of the momentum radio show), DJ-ing and vinyl collection.

Contact Details

Milan Vukasovic
milan (at) vukas.me

Invited speeches

Examining how Europe's regulatory unbundling rules will facilitate cross-border transmission and trading opportunities for energy storage and the flexible providers

10th Energy World Storage Forum Berlin, DE / May 2017

South-East Europe: Overview of trading specifics with production structure and planned investments

En.Trading-015 Conference Belgrade, SR / September 2015

eBADGE - Development of Novel ICT tools for integrated Balancing Market Enabling Aggregated Demand Response and Distributed Generation Capacity

European Forum on Grid Integration & Electricity Ancillary Services Berlin, DE / June 2015

Future electricity market model and wholesale electricity price analysis in South-East Europe

Energy Trading Week Central and Eastern Europe Vienna, AT / April 2015

Possibility for the integration of DSM in the ancillary services mechanism

ENTSO-E Workshop on Demand-Side Management Dublin, IR / April 2013

Virtual power plants (VPP) and demand-side management (DSM): Inclusion within balancing markets

3rd Annual European Electricity Ancillary Services & Grid Integration Forum Berlin, DE / September 2012

South-East Europe: Electricity markets and price volatility

Re:energy conference: Sustainable Energy for Sustainable Future Belgrade, SR / April 2012

Financing and Grid Economics: “Planning of transmission network expansion under the market environment”

RES Grid Integration & Investment Forum: Securing EU Market Integration, Infrastructure Investments and Feed-In Tariff Opportunities Amsterdam, NL / January 2011

Conference proceedings and journal articles

[1] Milan Vukasovic; Iva Mihajlovic Vlaisavljevic; Dusan Vlaisavljevic; Lucian Moldovanu; Zoran Vujasinovic; Viorel Marcu, "Impact of regional redispatching cooperation and involvement of distributed electricity prosumers", 2nd IEEE International Conference on Industrial Electronics for Sustainable Energy Systems (IESES), Cagliari, Italy, September 2020.
[2] Dusan Vlaisavljevic; Iva Mihajlovic Vlaisavljevic; Milan Vukasovic; Zoran Vujasinovic, "Power Flow Colouring: A Novel Power Flow Tracing Methodology Tailored for the European Zonal Electricity Market Design", IEEE PES Innovative Smart Grid Technologies Europe (ISGT-Europe), Bucharest, Romania, October 2019.
[3] Milan Vukasovic, Bojan Vukasovic “Modeling optimal deployement of smart home devices and battery system using MILP”, 7th IEEE International Conference on Innovative Smart Grid Technologies, Torino (IT), September 2017. | full paper ->
[4] Milan Vukasovic, “Simple nodal‐PTDF Deviation Method: Solution for the Assessment of Unallocated and Unexpected Flows and Redispatch Cost‐ Sharing among TSOs in the European Zonal Market Design?”, International Journal of Power and Renewable Energy Systems (IJPRES) Volume 2, Issue 2, 2015.
[5] Milan Vukasovic, Dr. Pieter Schavemaker, "Towards the European internal electricity market: An efficient cross-zonal redispatch cost-sharing methodology among European transmission system operators", 11th Internaltional Conference on the European Electricity Market (EEM), Krakow, Poland, May 2014.
[6] Milan Vukasovic, Oliver John, Nenad Stefanovic, "Long-term transmission network expansion planning considering the economic criteria and the flow-based market model", 11th IAEE European Conference, August 2010.
[7] Milan Vukasovic, Dr Christian Todem, Hannes Wornig, "Metod čvornih cijena: ekonomski dispečing sa poštovanjem ograničenja prenosne mreže", 1st CIGRE Montenegro Conference, October 2009.
[8] Milan Vukasovic, Mladen Apostolovic, "A line-wise method for the allocation of physical transmission rights and its influence on physical and financial firmness", Proceedings of the 6th Internaltional Conference on the European Electricity Market (EEM), Leuven, Belgium, May 2009.
[9] Milan Vukasovic, “Web-based simulaton tools for the allocation of cross-border transmission rights and implementation aspects in South-East Europe: A test case on Montenegrin borders“, EPSR (Electric Power Systems Research), Elsevier, Vol 78/9 pp. 1640-1647, September 2008.
[10] Milan Vukasovic, Mladen Apostolovic, Dr Christian Todem, “Implementation aspects of partial netting in flow-based auction clearing mechanism“, Proceedings of the 5th Internaltional Conference on the European Electricity Market (EEM), Lisbon, Portugal, May 2008. | full paper ->
[11] Milan Vukasović, Prof dr Sreten Skuletic, “Implementation of different methods for PTDF matrix calculation in flow-based coordinated auction,” pp. 791-795, Proceedings of the IEEE PowerTech Conference, Setubal, Portugal, April 2007.
[12] Dr Branko Stojković and Milan Vukasović, “A new SCADA System design in the Power System of Montenegro – ICCP/TASE.2 and Web-based real-time electricity demand metering extensions,“ pp. 2194-2199, Proceedings of IEEE Power Systems Conference and Exposition, Atlanta, Georgia, U.S.A., October 2006.
[13] Dr Branko Stojković, Milan Vukasović, “Internet display system: Real-time consumption tracking via Internet”, pp. 741-745, Proceedings of MELECON, the 13th IEEE Mediterranean Electrotechnical Conference, Malaga, Spain, May 2006.


Experienced to work with the following software: PTI PSS/E - Power System Simulator for Engineering (load flow, static security), PSA (Power System Analyzer), Plexos simulation software and The General Algebraic Modeling System - GAMS.

Several years experience in the field of web-based programming and design: 15+ functional and attractive web-sites, including the official web-site of Guru’s Jazzmatazz project vol.3 and vol.4 (Virgin Records US 2003 / 7_Grand 2007).

Give Guru a credit for knowing how to surround himself with great talent. It's a fact that has guided his career from the early days of Gang Starr -- the group he formed with one of the greatest hip-hop producers of all time, DJ Premier -- to his solo Jazzmatazz albums, recorded with a host of jazz/soul legends including Roy Ayers, Donald Byrd, Freddie Hubbard, Branford Marsalis, Macy Gray, Erykah Badu, Kelis, Herbie Hancock, Isaac Hayes, Bob James and many other...


  • Photoshop/Corel Draw
  • Matlab
  • PHP/HTML/XML/Actions Script/SQL
  • Adobe PageMaker 6.5
  • Adobe Flash/Actions Script
  • C/C++

Raspberry Pi

Home automation is the residential extension of building automation. It is automation of the home, housework or household activity. Home automation may include centralized control of lighting, HVAC (heating, ventilation and air conditioning), appliances, security locks of gates and doors and other systems, to provide improved convenience, comfort, energy efficiency and security.

Highcharts Example

Highcharts Example

Highcharts Example

Raspberry Pi

Favorite music: The Roots, Gang Starr, Guru, Common, Dilated Peoples, Everlast, Urban Species, Massimo Savic, Elemental, Letu Stuke...

Ex-yu beats - funk & pop beats from Ex-Yugoslavia blended by Milan (VOL 3)

Keith Elam GURU's Jazzmatazz tribute Sample Mix 2013 / Gang Starr


How to make energy storage projects bankable?

A battery storage system could be of interest for TSOs when it comes to provision of the specific services, such as enhanced frequency response and damping of low-frequency system oscillations.On the side of DSOs those valuable services would include voltage stability, but also demand shaving and congestion relief, deferring expensive investments. // Energy Storage Forum 02/2018


Development of the South-East European Electricity Market

One of the main problems in South-East Europe is the existence of many relatively small local segmented markets. In some of them, such as Bosnia and Herzegovina, Croatia and Serbia, a high-concentration of generation units still belonging to state-owned companies can be observed. // ENERGETIKA.NET Issue No.19


Balkan aluminum plants struggle to survive under the free market conditions

Across the Balkans, vast metals plants are putting governments into a very difficult situation. The state-owned plants provide jobs but they are adding to government debt... // Blog May 2015


More income from the energy transits

Article about the advantages that the new 400 kV Podgorica 2 - Tirana over-head transmission line will bring to the region of South-East Europe, especially Montenegro // NOVINE DAN July 2007

Get In Touch.

I love hearing from people, so look me up on Twitter or Linkedin. For questions and inquiries, you can also send me an email using the form below!.

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