Romania and Poland are closer to linking their daily electricity markets with the markets of Slovakia, Hungary and the Czech Republic. All the countries involved signed a memorandum which should lead to Romania and Poland joining the daily integrated electricity market created by the so-called Market Coupling project to connect European electricity markets.
"Romania and Poland have decided to join the trilateral project in order to gain the benefits of integration and contribute to the development of a single European internal electricity market," Slovak Electricity Transmission System (SEPS), which operates the central module of the project, said, as reported by the SITA newswire.
The Market Coupling project contributes to greater liquidity in the electricity market, SITA wrote on Wednesday, July 17. Thanks to the project, electricity traders should no longer need to book and buy cross-border transmission capacity between member countries. Market Coupling has been working between the Slovak and Czech markets since 2009; Hungary joined last year. The project organizers are the transmission system operators and energy regulators in the individual countries.
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
18. Jul 2013 at 10:00