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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 .
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Press Releases
Title | Date | citeste |
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PRESS NOTIFICATION | 03-12-2012 | Read all |
Regional reunion of great electricity networks CIGRE in Sibiu | 10-10-2012 | Read all |
Regional reunion of great electricity networks CIGRE in Sibiu | 10-10-2012 | Read all |
On May 3rd, 2012 Co. Transelectrica - Transmission and System Operator of Romania commissioned its 80th transmission substation, namely the 400/110 kV Rahman | 07-05-2012 | Read all |
PRESS NOTIFICATION | 26-02-2012 | Read all |
Romania formally expressed the interest to join the project for coupling the Czech, Slovak and Hungarian electricity markets | 20-12-2011 | Read all |
Transelectrica is initiating a new project to increase the interconnection capacity between Romania and Serbia - the 400 kV double circuit OHL Resita–Panchevo | 31-10-2011 | Read all |
Transelectrica is celebrating five years since the first transacting day of the shares that the Company issued on the regulated market | 06-09-2011 | Read all |
The managerial team of Transelectrica received a visit of Company Moldelectrica from the Republic of Moldova | 28-08-2011 | Read all |
Transelectrica has received the visit of the friendship parliamentary group Sweden - Romania | 23-05-2011 | Read all |
Transelectrica has officially inaugurated the 400 kV substation Tariverde from Constanta County | 18-05-2011 | Read all |
Mr. HORIA HAHAIANU is the new Director General of Transelectrica | 11-05-2011 | Read all |
The international Symposium Protection of the critical power infrastructure - Energy-communications inter-dependencies and dependencies. | 18-04-2011 | 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 |