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Title Date Read Next steps in the Czech-Slovak-Hungarian-Polish-Romanian Market Integration

Following the Memorandum of Understanding signed on 11 July 2013, the 5M MC Steering Committee, consisting of representatives of national regulatory authorities (ERÚ, ÚRSO, HEA, URE and ANRE), transmission system operators (ČEPS, SEPS, MAVIR, PSE, and Transelectrica) and power exchanges (OTE, OKTE, HUPX, TGE, and OPCOM) from the Czech Republic, Slovakia, Hungary, Poland and Romania, discussed the next steps in market integration of the day-ahead electricity markets.
Initially, parties faced a fundamental question on market organization in the context of other integration activities and interconnected electricity markets. A public survey addressed to companies active on the five markets aimed to gather feedback on possible implication of the proposed arrangements, mainly setting of a gate closure time (GCT) for entering the bids and scope of market integration (consult the survey questionnaire here).
Based on a thorough analysis of the survey results, the national regulators (NRAs) concluded that there is no common position among the market participants in all involved markets regarding the proposed scenarios of five-market market coupling. In order not to hinder further market integration, the Steering Committee adopted the NRAs position that the market coupling project will start with 11:00 GCT and will involve the day-ahead electricity markets of the Czech Republic, Slovakia, Hungary, and Romania. Compliance with NWE (North West Europe) region will be sought as much as possible. Close cooperation among 5M Market Coupling Project partners will be ensured to contribute to future market integration. The common opinion is that coupling of the Polish market area will be implemented later in the context of the CEE FBMC (Central East Europe Flow-Based Market Coupling) initiative. In the meantime, five power exchanges will continue to cooperate on implementation of the PCR solution (Price Coupling of Regions) declared as the target model in order to be ready for the European integration.

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Press Releases

Title Date citeste
4M Market Coupling Go-live planned for 11 November 2014 09-04-2014 Read all
PRESS RELEASE 21-02-2014 Read all
Czech-Slovak-Hungarian-Romanian Market Coupling go-live in Q4/2014 19-02-2014 Read all
The managerial teams of Transgaz and Transelectrica met with the European commissioner of energy 14-02-2014 Read all
Press release 16-01-2014 Read all
The incident occurred in the installations managed by Transelectrica - TB Cluj 11-01-2014 Read all
Title Date Read Next steps in the Czech-Slovak-Hungarian-Polish-Romanian Market Integration 26-08-2013 Read all
Czech Republic, Slovakia, Hungary, Romania and Poland signed the Memorandum of Understanding aiming to extend the CZ-SK-HU Market Coupling towards RO and PL markets 17-07-2013 Read all
Membership in the new Supervisory Board of Transelectrica SA 31-05-2013 Read all
Transelectrica deals with an offending incident attempting to the security of the National Power System 24-04-2013 Read all
Mr. Stefan GHEORGHE is the new Executive Director General of Transelectrica 18-02-2013 Read all
Poland and Romania to join CZ-SK-HU Market Coupling 30-01-2013 Read all
The director general of Transelectrica, Mr. Stelian Alexandru Gal participated to the bilateral meeting of companies Ukrenergo and Transelectrica 28-02-2011 Read all
The director general of Transelectrica, Stelian Alexandru Gal, has participated to the 21st meeting of the members from ENTSO-E Steering Committee 31-01-2011 Read all
The representatives of Transelectrica SA have met with the Company main contractors in the annual reunion 25-01-2011 Read all
The managerial team of Transelectrica has received the visit of the delegation of representatives from the Chinese Company State Grid International SA 20-01-2011 Read all
Ion Ariton, minister of economy, commerce and business environment met on Monday, January 17th, with Stelian Alexandru Gal, director general of Transelectrica 18-01-2011 Read all
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