Using Implicit Auctions to Manage Cross-Border Congestion: ‘Decentralised Market Coupling’

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Brussels, 8 July 2003 | Europex, the Association of European Power Exchanges, has been asked to present its views on methods for managing cross-border congestion. The last Florence Forum on the European electricity market supported five basic principles proposed by CEER concerning the allocation of interconnector capacities as a basis for a possible future revision of the guidelines on congestion management. This paper describes a new approach developed by Europex, called ‘Decentralised Market Coupling’, which is based on the concept of implicit auctions and is designed to deliver on these principles.

Please find the whole position paper attached.

Europex – Association of European Energy Exchanges

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