The effect of flow-based market coupling on cross-border exchange volumes and price convergence in Central Western European electricity markets

Since 2015 available cross-border transmission capacity is determined using flow-based market coupling (FBMC) in the day-ahead electricity markets of Central Western Europe. This paper empirically estimates the effect of introducing FBMC on day-ahead electricity price convergence and cross-border exchange volumes. In the month following the...

A North Sea offshore grid governance model: The allocation of ownership and operating responsibilities for a Meshed Offshore Grid

EU climate goals force EU member states to increase the share of renewable electricity generation in their respective electricity markets. To reach these climate goals, offshore wind energy is regarded as one of the main technologies that can contribute to a full transition towards a fossil-free electricity system. Furthermore, 230 Gigawatts (GW...