The launch of the Core Flow-Based Market Coupling and allocation of a new interconnector between Slovenia and Hungary

 

Today, on June 8th 2022, BSP Energy Exchange is entering a new era of operations on the Day-Ahead market. After several years of development and implementation, 10 Nominated Electricity Market Operators (NEMOs) and 16 Transmission System Operators (TSOs) of the Core Capacity Calculation Region (Core CCR) introduced the Core Flow-Based Day-ahead Market Coupling.

The energy transition towards a carbon-free electricity supply is a European challenge that requires the use of the European electricity system to the full extent. Weather dependent supply and increasing demand response will lead to a different and more intense grid use. The Core market integration process aims to create operational preconditions to optimise the use of the system from a regional perspective and make the single European market a reality.

To offer our members additional options for trading and bring additional liquidity to the Slovenian electricity market, BSP Energy Exchange integrated a completely new interconnector between Slovenia and Hungary into market coupling operations. After the new interconnector is in operation, it will also be allocated via Day-Ahead and Intraday trading platforms, operated by BSP Energy Exchange.

All additional changes implemented into operations today (changes in the topology of the shadow auctions, switch from PTRs to FTRs, modifications of partial decoupling processes and extension of market coupling timings in case of issues) are available at the BSP Exchange Rules website section. Due to the special interstate agreement between Slovenia and Croatia, the PTRs shall be maintained on the Slovenian – Croatian border after the Core Flow-Based go-live.

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