Market coupling in the European power markets is a major step towards realising the European Union’s vision of a single electricity market for Europe. Although market coupling can’t achieve this ambitious target alone, its role in the process is vital and successful market coupling should more accurately signpost what work is still required. The latest initiatives are, therefore, being very closely watched.
In this special report we look at how well the latest projects, such as the Central Western Europe and Interim Tight Volume Coupling initiatives, are working and being received. We also take a look at what’s in the pipeline, asking how realistic the next goals are and to what extent trading will benefit from the increased integration these projects promise