SIDC parties confirm successful go-live on 1 August 2023 for ETPA’s trading platform to operate within the European Single Intraday Coupling. System performing well. ETPA started hosting trading in the Dutch Market Area.
The Nominated Electricity Market Operators (NEMOs) and Transmission System Operators (TSOs) cooperating in the ETPA Local Implementation Project, which aims to integrate ETPA into the European Single Intraday Coupling (SIDC), are pleased to confirm the successful addition of ETPA’s trading platform to SIDC.
The integration of ETPA’s trading platform into SIDC marks another important milestone towards increasing the efficiency of the single European Electricity Market. Market participants operating across countries will benefit from an Electricity Market that becomes more liquid and therefore increasingly competitive. More market participants will be joining SIDC, allowing for more assets to react to price signals and therefore adding flexibility and reducing price volatility.
The map below shows the operating NEMOs and TSOs in SIDC.
SIDC currently couples the continuous intraday markets of 25 countries: Austria, Belgium, Bulgaria, Croatia, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, Norway, The Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.
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:
ETPA offers an accessible trading platform that enables asset owners and traders to optimise their energy portfolio through short-term trading. Participants range from international energy utilities to smaller energy traders like greenhouse owners and energy storage facilities. The platform also offers products used by grid operators to manage congestion.
Its fast, affordable and reliable exchange allows participants to provide and exploit system flexibility; the cornerstone of a power system capable of hosting a high share of renewables. Thus, reducing price volatility and therefore improving the risk profile of RES investors and consumers.
For additional information on ETPA go to: