European Electricity Market Coupling
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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.
EU Electricity Trade Law
This book aims to describe the mechanisms of the internal wholesale electricity market in terms of the legal tools and practices used by electricity producers, the most important market participants. In this regard, the focus is on Northwestern Europe. Because of the book’s functional perspective, it is not limited to the external regulation of electricity markets at the EU level and also describes the business models and practices employed by electricity producers. Both the physical and financial marketplaces are examined and topics including electricity supply, balancing, transmission and derivatives are covered. The target for the completion of the EU’s internal electricity market was 2014. The internal wholesale electricity market is very important not only for electricity producers, suppliers and major end consumers but also for network operators, marketplace operators, electricity technology firms, investment firms and market regulators.
The Evolution of Electricity Markets in Europe
Author: Leonardo Meeus
language: en
Publisher: Edward Elgar Publishing
Release Date: 2020-11-10
Bridging theory and practice, this book offers insights into how Europe has experienced the evolution of modern electricity markets from the end of the 1990s to the present day. It explores defining moments in the process, including the four waves of European legislative packages, landmark court cases, and the impact of climate strikes and marches. Leonardo Meeus explains the sequence of electricity markets in Europe from wholesale to balancing markets, forward transmission markets, capacity mechanisms, redispatching and flexibility markets. Chapters explore current issues including the new paradigm that places the citizen at the centre of the energy transition. Concluding that most of the market integration process in Europe so far has required horizontal coordination between transmission system operators in different countries, the book looks ahead to the importance of vertical coordination between the transmission and distribution. An invaluable book for energy policymakers and practitioners working in Europe, the solutions offered for contemporary issues will also be helpful for those working in international or multi-region electricity markets more widely. Academics involved in the world of electricity regulation will also find this an invigorating read.