Energy Efficiency

Italian borders with three countries successfully coupled

Photo: Pixabay

Published

February 24, 2015

Country

Comments

comments icon

0

Share

Published:

February 24, 2015

Country:

Comments:

comments icon

0

Share

Slovenia’s ELES d. o. o. (Electricity Transmission System Operator) reported a further significant step towards an integrated European power market, as the Italian Borders Market Coupling was launched.

The Italian-Austrian, Italian-French and Italian-Slovenian borders have been coupled with the MultiRegional Coupling (MRC), thus linking the majority of EU power markets – from Finland to Portugal and Slovenia. The launch of the Italian Borders Market Coupling provides evidence of the flexibility and reliability of the Price Coupling of Regions (PCR) solution, the report said.

Capacity for the three border sections 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, ELES said. This will bring a benefit for end-consumers derived from a more efficient use of the power system and cross-border infrastructures, the report said.

Cross-border capacity of all inter-connectors 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.

The day-ahead markets of MRC extended to the Italian Borders Market Coupling now cover 19 European countries, accounting 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.

Related Articles

Cities are driving the transition to climate neutral and fair housing

Cities are driving the transition to climate neutral and fair housing

19 May 2025 - City governments are ready to lead the transition to climate-neutral buildings by 2050, but they cannot do it alone

serbia germany kfw heating plants renewables district heating konrad muler

Serbia to invest EUR 60 million in renewables in district heating

16 May 2025 - The Minister of Mining and Energy met with Ambassador Anke Konrad and KfW's Director for Southeast Europe and Turkey Klaus Müller

North Macedonia Law on Energy

North Macedonia adopts Law on Energy

15 May 2025 - With a majority of votes, 62 out of 120, the Assembly of North Macedonia adopted the Law on Energy, aligning the legal framework with the EU

croatia subsidies energy poverty fzoeu

Croatia sets EUR 25 million in incentives for energy poor households

22 April 2025 - Croatia has earmarked EUR 25 million for households at risk of energy poverty. They will use the funds for energy renovation