This open access book provides a comprehensive overview of the European Electricity Market Coupling.
Tracing the evolution of the EUs 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 Wadysaw Glegoa).
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).
Dr. André Estermann is the European TSO Market Coupling Chair responsible for all Transmission System Operator (TSO) matters in Single Day-Ahead Coupling (SDAC) and Single Intra-Day Coupling (SIDC). He holds a PhD in Economics as well as an MBA. At the German TSO 50Hertz, he leads the international activities in System Operations with more than 20 years of experience in the energy sector.
Marius Schrade has been a European electricity markets and congestion management expert at 50Hertz, a German transmission system operator, since 2019, where he focused on regional and pan-European electricity market coupling projects within the Interconnectors team. Before joining 50Hertz, he studied European Economics at the universities of Maastricht and Louvain-La-Neuve.
Louise Anderson has over 15 years of experience in the European energy industry. She is currently working for Hitachi Energy, having previously worked for the World Economic Forum, ENTSO-E, as well as Eirgrid, the Irish Transmission System Operator. She started her career working in a CCGT power station in Ireland.
