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09.03.2015 18:22
Italian Market Coupling Launched
With this step, cross-border capacity of all interconnectors within and between the following countries is now allocated in the day-ahead timeframe: Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Great Britain, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Norway, Poland (via the SwePol Link), Portugal, Slovenia, Spain and Sweden
AUTHOR: publics.bg


  • © arbyreed, flickr.com

On 24 February for the first time, capacity for the Italian-Austrian, Italian-French and Italian-Slovenian borders has been implicitly allocated through the PCR solution for the Day-Ahead markets, making those borders part of the MRC. This full price coupling allows the simultaneous calculation of electricity prices and cross-border flows across the region. This will presumably bring a benefit for end-consumers derived from a more efficient use of the power system and cross-border infrastructures as a consequence of a stronger coordination between energy markets, energypost.eu writes.

With this step, cross-border capacity of all interconnectors within and between the following countries is now allocated in the day-ahead timeframe: Austria, Belgium, Denmark, Estonia, Finland, France, Germany, Great Britain, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Norway, Poland (via the SwePol Link), Portugal, Slovenia, Spain and Sweden. These 19 countries account for about 2,800 TWh of yearly consumption. The daily average cleared volume over these countries amounts to over 4 TWh, with an average daily value of over EUR 150 million.


TAGS: Italy | market coupling | power market | electricity | market integration 


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