Electricity

Romanian bourse BRM joins power auctions within European Single Intraday Coupling

brm auctions power exchange coupling

Photo: Pexels

Published

August 8, 2025

Country

Comments

comments icon

0

Share

Published:

August 8, 2025

Country:

Comments:

comments icon

0

Share

The Romanian Commodities Exchange – Bursa Română de Mărfuri (BRM), the country’s second nominated electricity market operator (NEMO), has joined intraday auctions (IDAs) under the European Single Intraday Coupling (SIDC) framework. With this move, BRM becomes part of the operational IDA system, launched across Europe in June 2024, according to a press release from European power exchange EPEX Spot.

Other partners involved in the Regional Integration Project (RIP) are the Hungarian Power Exchange (HUPX), the Independent Bulgarian Energy Exchange (IBEX), the Romanian Electricity and Gas Market Operator (OPCOM), Bulgaria’s Electricity System Operator (ESO), Hungary’s Independent Transmission Operator Company (MAVIR), and Romanian transmission system operator Transelectrica, said EPEX Spot.

BRM’s integration marks the second wave of the European IDA rollout, which began on June 13, 2024, when NEMOs and transmission system operators (TSOs) introduced the pricing of intraday cross-zonal capacity through three pan-European auctions, it added.

It is another key milestone in enhancing Europe’s single power market

By integrating BRM, the SIDC framework has reached another important milestone, increasing the efficiency of the single European electricity market, EPEX Spot said. The market has become more liquid and increasingly competitive, in line with its core objectives of ensuring efficient, fair, and non-discriminatory functioning.

Future waves of the IDA rollout will expand its geographic scope

The European power exchange added that future waves of the IDA rollout would continue to expand its geographic coverage and product scope, further enhancing the EU’s internal electricity market.

The SIDC is a market mechanism within the intraday timeframe based on continuous trading and complemented by three intraday auctions, or IDAs. It enables market participants to trade electricity continuously across Europe on the day it is needed. Additionally, IDAs enable pricing cross-border capacity within the intraday timeframe, according to the press release.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

slovenia power distribution voltage energy flows grid solar power plants

Reverse energy flows turn Slovenian distributors into power producers

28 August 2025 - On May 1 and 2, five Slovenian power distribution companies fed more electricity into the transmission grid than they withdrew.

energy traders europe cbam european commission

Energy Traders Europe calls for clear rules before CBAM implementation

28 August 2025 - Energy Traders Europe has sent proposals to the European Commission regarding the Carbon Border Adjustment Mechanism.

google reveals gemini ai energy water consumption

Google reveals Gemini AI’s energy and water consumption

28 August 2025 - Google has become the first tech company to publish a report on the energy consumption, emissions, and water use of its AI software, Gemini.

energy poverty north macedonia subsidies air conditioners

North Macedonia tackles energy poverty with free inverter air conditioners

27 August 2025 - North Macedonia's energy poverty package includes free inverter ACs and financial aid to help cover electricity bills.