European Electricity Market Coupling

This open access book provides a comprehensive overview of the European Electricity Market Coupling.

Tracing the evolution of the EU s efforts to create an Internal Energy Market, it explores the history, principles and roles of all key actors from Transmission System Operators (TSOs) to service providers to National Regulatory Authorities (NRAs) in Single Day-ahead and Intraday Coupling. Key topics include the framework of market coupling, the day-ahead and intraday algorithms, procedures, financial settlement, and the viewpoints from traders to interested countries to join the European Electricity Market Coupling in the future.

An essential read for industry professionals and scholars alike, this book offers first-hand insights into the practical processes and fundamentals of electricity trading in Europe.

Part I. Introduction to Market Coupling. - Chapter 1. Framework of Market Coupling (Ksenia Tolstrup). - Chapter 2. Principles of Market Coupling (Peter Willis). - Part II. Operations and Algorithms of Market Coupling. - Chapter 3. Capacity Calculation (Reinhard Kaisinger). - Chapter 4. TSOs and their Role in Market Coupling (Marius Schrade). - Chapter 5. Regional Coordination Centres and their Role in Market Coupling (Jakub W adys aw Glego a). - Chapter 6. Day-Ahead and Intraday Auctions Market Coupling Algorithm (Mehdi Madani). - Chapter 7. Continuous Intraday Market Coupling Algorithm (Suzanna Vogeler). - Part III. Physics meets Finance. - Chapter 8. Cross-Zonal Shipping and Nominations (Jean-Michel Reghem). - Chapter 9. Clearing and Settlement (Robert Wand). - Chapter 10. Congestion Income Distribution (Karel Sebesta). - Part IV. News from the Regions. - Chapter 11. Day-Ahead Flow-Based Capacity Calculation and Market Coupling in CCR Core (Ferenc Nagy). - Chapter 12. Day-Ahead Flow-Based Capacity Calculation in CCR Nordic (Pieter Schavemaker). - Chapter 13. The Energy Community (Lisa Marie Mohr). - Part V. Legal Framework of Market Coupling. - Chapter 14. The Contractual Framework from a TSO Point of View (Vicky Blana). - Chapter 15. The Role of National Regulatory Authorities in Market Coupling (Nico Schoutteet). - Part VI. Importance of Data. - Chapter 16. Transparency in European Electricity Markets and ENTSO-E Transparency Platform (Nikolaj Andersen). - Chapter 17. A Market Player View (Thomas König).