Romania: Cernavoda Unit 2...

Unit 2 of Romania’s sole nuclear power plant, Cernavoda, was brought back online...

Montenegro: Major renewable energy...

Two significant renewable energy projects are progressing in the village of Korita, located...

Bulgaria: Solaris Holding launches...

Solaris Holding, a joint venture between Bulgarian-German solar developer Sunotec and Eurohold Bulgaria,...

Bosnia and Herzegovina: Electricity...

Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) reached 512...
Supported byClarion Energy
HomeSEE Energy NewsRegion: Go-live of...

Region: Go-live of Interim Coupling successful

The project parties of the Interim Coupling are pleased to announce the successful go-live of the Interim Coupling solution. On 17 June 2021, for the first time, day-ahead cross-zonal capacity on the 6 new borders (PL-DE, PL-CZ, PL-SK, CZ-DE, CZ-AT, HU-AT) has been implicitly allocated via the Euphemia algorithm. The implemented price coupling allows for the simultaneous calculation of electricity prices and cross-border flows across the region. The efficient use of the power system and cross-border infrastructures, brought about by stronger coordination between energy market stakeholders, and maximizes social welfare to the benefit of all market participants.

The Interim Coupling project was launched in December 2018 following the request of the relevant national regulatory authorities (NRAs) in order to further develop regional integration of day -ahead organized electricity markets. The project aimed to connect the borders of 4M MC (Czech- Slovak-Hungarian-Romanian market coupling) with the Multi-Regional Coupling (MRC) by introducing Net Transmission Capacity (NTC) based implicit capacity allocation on the above-mentioned six borders.

The successful new coupling is the result of the close cooperation among the Interim Coupling Project NEMOs (EPEX SPOT, EXAA, HUPX, Nord Pool EMCO, OKTE, OPCOM, OTE, TGE)and TSOs (50Hertz, APG, CEPS, MAVIR, PSE, SEPS, TenneT DE, Transelectrica), together with the respective NRAs (ANRE, BNetzA, E-Control, ERU, MEKH, URE, URSO).

This NTC-based market coupling represents a major step towards the achievement of European Single Day-ahead Coupling. The next step consists of the introduction of the flow-based capacity calculation method in the framework of the Core Flow-Based Market Coupling project, which is the target model for day-ahead market coupling.

 

Supported byOwner's Engineer banner

Recent News

Supported byspot_img
Supported byspot_img

Latest News

Supported byspot_img
Supported bySEE Energy News

Related News

Romania: Cernavoda Unit 2 returns to service following safety inspections and smoke incident

Unit 2 of Romania’s sole nuclear power plant, Cernavoda, was brought back online on the morning of 27 June after a controlled shutdown on 25 June for inspections and minor repairs. Operator Nuclearelectrica confirmed that all corrective actions complied...

Montenegro: Major renewable energy projects advance in Korita

Two significant renewable energy projects are progressing in the village of Korita, located in Bijelo Polje municipality, Montenegro: a €200 million solar power plant and a wind farm with an installed capacity of 72.6 MW. The wind farm, developed by...

Montenegro: EPCG secures €25.63 million EBRD loan to expand Gvozd wind farm capacity

Montenegrin state-owned power utility EPCG has obtained government approval to borrow 25.63 million euros from the European Bank for Reconstruction and Development (EBRD) to finance the second phase of the Gvozd wind farm, which will add 21 MW of...
Supported byVirtu Energy
error: Content is protected !!