Following its fruitful first meeting in June, the Market Coupling Consultative Group (MCCG) convened online for the second time on 1 December 2022. The event started with a brief presentation of the co-convenors of the group and its Terms of Reference (ToR). Following the ToR, new co-convenors will be appointed for the next year.
In two separate sessions representatives of NEMOs, TSOs, and stakeholders discussed topics related to the MCO organization, design, development, implementation, and operation of SDAC and SIDC such as non-uniform pricing (NUP), implementation of 15-min MTU, IDA implementation, curtailment management in EUPHEMIA algorithm among others. In addition, an update was provided on the on-going process of Harmonized Maximum and Minimum Prices Methodologies review.
The next MCCG is planned as a hybrid meeting with physical and virtual connection possibility in 2023 early summer. Exact date will be announced later.
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:
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: