The Market Coupling Steering Committee (MCSC) held the first Market Coupling Consultative Group (MCCG) meeting on 7 June 2022. The successful virtual event is the result of the close cooperation between all involved NEMOs, TSOs and stakeholders. The event was convened by three moderators from NEMOs, TSOs, and stakeholders.
Different topics were presented and discussed among NEMO and TSO experts and the stakeholders, such as the Cross Product Matching, the Intraday auctions, 15 minutes MTU, and the Non Uniform Pricing concept.
The presentation of the meeting is available on the All NEMO Committee here and ENTSO-E website here. The minutes of the event will be available later, on the same websites. The next MCCG is planned as a hybrid meeting whit physical and virtual connection possibility during the fall. Exact date will be announced later.
About SDAC
SDAC allocates scarce cross-border transmission capacity in the most efficient way by coupling wholesale electricity markets from different regions through a common algorithm, simultaneously taking into account cross-border transmission constraints, thereby maximising social welfare.
The aim of SDAC is to create a single pan European cross zonal day-ahead electricity market. An integrated day-ahead market increases the overall efficiency of trading by promoting effective competition, increasing liquidity and enabling a more efficient utilisation of generation resources across Europe.
For additional information on SDAC go to:
http://www.nemo-committee.eu/sdac
https://www.entsoe.eu/network_codes/cacm/implementation/sdac/
About SIDC:
The SIDC solution is based on a common IT system with one Shared Order Book, a Capacity Management Module and a Shipping Module. It allows for orders entered by market participants for continuous matching in one bidding zone to be matched by orders similarly submitted by market participants in any other bidding zone within the project’s reach as long as transmission capacity is available. The intraday solution supports both explicit allocation (where approved by the respective National Regulatory Authorities) and implicit continuous trading. It is in line with the EU Target model for an integrated intraday market.
European-wide intraday coupling is a key component for completing the European Internal Energy Market. With the rising share of intermittent generation in the European generation mix, connecting intraday markets through cross-border trading is an increasingly important tool for market parties to keep positions balanced. The purpose of the SIDC initiative is to increase the overall efficiency of intraday trading.
For additional information on SIDC go to:
http://www.nemo-committee.eu/sidc
https://www.entsoe.eu/network_codes/cacm/implementation/sidc/