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🛟 Ensuring efficient cross-border electricity trading is the lifeline of the integrated European energy market. Defining the methodologies for calculating available cross-zonal trading capacities, EU Agency for the Cooperation of Energy Regulators (ACER) is responsible to keep everything in check. 💪 ✨ To ensure that our grids stay fit and proper, this year, ACER is refining how intraday cross-zonal electricity trading capacity is calculated in the Core region using the flow-based approach. The amendments aim to enhance the existing methodology implemented in 2022. These updates will: 🔷 Improve accuracy in forecasting available transmission capacities between bidding zones 🔷 Enhance coordination between transmission system operators (TSOs) 🔷 Increase efficiency in utilizing cross-border infrastructure for trading 🔷 Support better integration of European electricity markets The flow-based approach defines available capacities using more complex power flow calculations compared to the traditional coordinated Net Transfer Capacity method. This provides a more realistic view of the entire grid for optimal capacity allocation. ⚡The new intraday calculations going live in July will facilitate cross-zonal trading by making better use of interconnectors. This supports the EU's goal of an integrated internal energy market. How will these improved capacity calculations impact your operations and cross-border trading strategies, whether you are an energy trader, TSO, or simple market participant? Let us know in the comments! #energytrading #energymarkets #powergrid #utilities

Central Electricity Authority (CEA) releases the Draft Distribution Perspective Plan 2030 As per the Electricity Act, 2003, the CEA is obligated to prepare the National Electricity Plan once in five years. Further, under the Act, the CEA is also required to formulate short-term and perspective plans for development of the electricity system. In compliance with such requirements under the Act, the CEA has prepared the Draft Distribution Perspective Plan 2030, based on the data received from distribution utilities. The public and stakeholders may submit their inputs/comments/suggestions on the Draft Distribution Perspective Plan to the CEA by 1st April 2024. #CEA #DistributionPlan #NewsUpdate #PublicConsultation #MinistryofPower #CentralElectricityAuthority #DraftPlan #MercadosEMI

TV Pick-Up Effect:  In the last semi-final match between England and Netherland, there was an increase in demand up to extra 1000MW in the first half, and down to 740MW by the end of the match  Such sudden huge surges in demand tied to the TV schedule are unique to the United Kingdom. Electricity networks devote considerable resources to predicting and providing supply for these events, which typically impose an extra demand on the British National Grid. This effect is anticipated today to be above 1000MW extra generation capacity to be called on during the final match between England and Spain as it is expected that demand will rise due to many TVs being on, and many coffe machines working. UK energy market runs Capacity Auction-T-1, and T-4 to ensure availability and security of supply and eliminated volatility in electricity price.

PJM’s 2023 Regional Transmission Expansion Plan report is now available, which examines energy trends that continued throughout 2023 and will help drive PJM’s grid of the future. Read the report at https://lnkd.in/e8pJytfP

Is it time for loss factors reform? The National Electricity Rules treatment of distribution loss factors (DLFs) has not been updated for over twenty years. Much has changed in electricity networks since then – why not DLFs? Let’s chat! See you at my poster presentation at the Energy Networks Australia 2024 conference in Adelaide. https://lnkd.in/g2gFPeCr   #EN2024 #poweringthefuture

Successful anniversary of the world’s first integrated continental electricity market ⚡ ↗️ Anniversary: following the 5th anniversary of the Single Intraday Coupling, which took place in June 2023, Nominated Electricity Market Operators (NEMOs) and Transmission System Operators (TSOs) celebrate this month the 10th anniversary of the Single Day-Ahead Coupling. The Single Day Ahead Coupling (SDAC) and Single Intraday Coupling (SIDC) are the two projects where the NEMOs and the TSOs jointly coordinate operations, design, and decide on the evolution of the European spot markets. The projects consist of several task forces and working groups, covering all different aspects of market coupling. These groups all report to an integrated Market Coupling Steering Committee (MCSC), in which all European NEMOs and TSOs are represented.  It was in 2014, when NEMOs and TSOs voluntarily decided to build upon the previously existing Day-Ahead regional markets and stepwise coupled all regions in Europe by means of one algorithm in the Single-Day Ahead Coupling. Today both platforms enhance cross-border electricity exchanges in 27 and 25 countries respectively with a total population over 440 million.The usage of the platforms has increased over time. Between June 2018 and December 2022, the overall number of executed trades in the intraday market amounted 220 million, and just in 2023 150 million trades were executed! We are delighted to see an increasing participation in our platforms! Looking forward, one of the main milestones for 2024 is the launch of Intraday Auctions (IDAs), which will complement the existing markets. Next to that, the flow-based capacity calculation methodology will be introduced in the Nordic Capacity Calculation Region. This will be followed by the introduction of 15-minute products in day-ahead markets. Geographically, there are plans to extend the coupled power markets to the countries of the Energy Community, which include Albania, Bosnia and Herzegovina, Kosovo, North Macedonia, Moldova, Montenegro, Serbia, Ukraine, and Georgia. We are looking forward to the upcoming implementations and to keep up cooperating at the European level!  ℹ️ Further information can be found here https://lnkd.in/dTnhNm-B https://lnkd.in/d2Za9Qiy

Global Electricity Transmission Infrastructure Market Research Report 2024: Delving into Market Status, Size, and Industry Needs up to 2030 https://lnkd.in/eSxEDFck #marketanalysis #marketresearch #marketresearchreports #businessintelligence

⚡ The world’s electricity grids are forecast to double in length by 2050. Our experts see four areas of opportunity emerging from grids’ expansion and modernisation – what are they? Click to learn more >> For professional investors only. https://ow.ly/mhSS50QGKce

The 2,700 data centers in the U.S sapped more than 4 percent of the country’s total electricity in 2022, according to the International Energy Agency. Its projections show that by 2026, they will consume 6 percent. 

We welcome the Capacity Market T-1 provisional Auction results announced today for Delivery Year 2024/25. The auction cleared in the eighth round provisionally at the clearing price of £35.79/kW/year, this is a decrease from previous T-1 auctions, signalling increased competition which will enable low costs to consumers.    The Government’s Capacity Market scheme, administered by LCCC, delivers energy security for Great Britain at a time of uncertainty in worldwide energy markets. The Capacity Market plays a pivotal role in preventing scarcity of supply. Since its introduction in 2014, there have been zero stress events (where the margin of electricity supply has become so tight that the Capacity Market has been called on), thus proving that it delivers security of supply at the lowest possible cost to the consumer. We look forward to the announcement of the confirmed results in the coming days. Read more about it here: https://lnkd.in/ebXyXQ_7 #capacitymarket #t1auction #electricity #energy