Steady progress for European power market coupling
Market coupling is widely regarded as one of the most important methods of improving efficiency in the European electricity markets. But can the various initiatives in place and in the pipeline – with their multitude of stakeholders and interests – really lead to a fully integrated European marketplace any time soon? By Stella Farrington
Market coupling initiatives, which integrate transmission allocation and energy trading across different countries or regions, have recently been springing up across the European power markets with surprising speed. In the last five months, several important market coupling initiatives have gone live and more large-scale projects are in the pipeline (see timeline in box 1).
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