Consultation paper on a Intraday Coupling model for Italian Borders
On 14th August 2015, the Regulation (EU) 2015/1222 of 24th July 2015 establishing a guideline on Capacity Allocation and Congestion Management (hereinafter: “CACM”) has entered into force defining, among others, the requirements for the single intraday coupling which relies on:
- a continuous energy trading mechanism accommodating the implicit allocation of the intraday cross-zonal capacity;
- the development of a single methodology for pricing intraday cross-zonal capacity that shall reflect market congestion and be based on actual orders.
Moreover, CACM regulation allows NEMOs/Power Exchanges and Transmission System Operators to complement the single intraday coupling with a complementary regional auction mechanism as foreseen in article 63, paragraph 2 of the CACM regulation.
The consultation paper is a common proposal developed by Power Exchanges and the Transmission System Operators of the Italian Borders. The Italian Borders in this context cover the electrical borders, for both power flow directions, between Italy and Slovenia, Italy and Switzerland, Italy and Austria, Italy and France, Italy and Greece. Furthermore, the borders between Italian internal bidding zones are involved in this proposal. Finally, the geographical scope of this project includes the border between Austria and Slovenia.
EXAA welcome comments of market participants on this consultation paper and contributions can be sent by email to email@example.com until 13th January 2017.