October 04, 2024 10:44 GMT
POWER: EPEX Mulls Proposals to Improve FallBack Measures During Decoupling
POWER
The EPEX SPOT Exchange Council has evaluated proposals to improve the fallback process in periods of partial and full decoupling of the SDAC, it said.
- The proposals focus on enhancing market process resiliency for order collection and submission and optimising market coupling operational constraints, including timing.
- Additionally, suggestions for improving market position balancing across all timeframes (Day-Ahead, Intraday auctions, and continuous).
- Suggesting also include: Keeping markets coupled as long as possible, strengthening fallback solutions for SDAC decoupling and enhance communication during decoupling.
- EPEX SPOT will engage with European stakeholders involved in Market Coupling to optimise shared fallback mechanisms, it added.
- The proposals come after the partial decoupling experienced on the EPEX SPOT markets on 25 June 2024 (trading date).
114 words