The ANRE’s regulatory committee approved, in its extraordinary meeting on Monday, two regulations that, theoretically, would allow intra-day markets to be coupled with those of several countries in the region.
“Both documents are required to launch, on November 19, 2019, the second wave of interconnection of intraday electricity markets through local projects, Romania being part of the project called LIP 15, along with Bulgaria, Croatia, Czech Republic, Hungary, Poland and Slovenia. Thus, Romania adopts the single European solution for the coupling of intraday markets, in accordance with the provisions of Commission Regulation (EU) 2015/1222 of 24 July 2015 establishing guidelines on capacity allocation and congestion management and with its subsequent documents approved by all regulatory authorities from EU Member States or by ACER,” ANRE release shows.
In order to ensure all the conditions for the successful launch of the LIP 15 project, it was considered useful that the intraday market could function decoupled, but on the basis of the new rules, starting with November 12, 2019.
By expanding the functioning of the intra-day market at regional level and adopting the single European solution, it is expected to increase the liquidity of the intra-day market, ensuring a reduced market share of balancing segment and more accurate balancing for participants, better use of production capacity and resources, optimal use the capacity of cross-border transport and, as an indirect consequence, to increase the safety of supply of consumers in Romania.