Asset Publisher
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
On 11 July 2013, representatives of the national regulatory authorities (ERÚ, ÚRSO, HEA, URE and ANRE), transmission system operators (ČEPS, SEPS, MAVIR, PSE, and Transelectrica) and market operators/power exchanges (OTE, OKTE, HUPX, TGE, and OPCOM) from the Czech Republic, Slovakia, Hungary, Poland and Romania signed the Memorandum of Understanding on cooperation with respect to Romania's and Poland's adhesion to the integrated day-ahead electricity markets of the Czech Republic, Slovakia and Hungary.
The Czech Republic, Slovakia and Hungary have been successfully operating coupled dayahead electricity markets (so called CZ-SK-HU Market Coupling) since 11 September 2012. Romania and Poland decided to join the trilateral project in order to benefit from the integration and to contribute to the development of the single European Internal Electricity Market. Coupling the national electricity markets based on the target model – Single Price Market Coupling used for the day-ahead electricity trading and implicit cross-border transmission capacity allocation –should bring a harmonised approach to market organisation, more effective usage of crossborder transmission capacities, more competition as well as more stable and convergent electricity wholesale prices and deeper market liquidity.
This pentalateral project of market coupling is called 5Market Market Coupling (5M MC). It will be developed in accordance with European targets and the future EU legislation taking into account the views and demands of the affected market players as well. The wording of the Memorandum of Understanding is attached to this press release .
Asset Publisher
Media
Contact Office Image and Relationship with the media: 021/30 35 826
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 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 |