XBID implementation project launched

31.08.2017

The Cross-Border Intraday (XBID) initiative is a joint initiative by power exchanges and transmission system operators (TSOs) from eleven European countries, to create a joint integrated cross-border intraday market. Now TSOs and nominated electricity market operators (NEMOs) from Austria, the Czech Republic, Germany, Hungary, Romania, and Croatia including six TSC members (50Hertz, APG, ČEPS, HOPS, MAVIR, and TenneT) have agreed to form a local implementation project named LIP 15. Together they want to implement continuous cross-border trading and to introduce implicit allocation of cross-border transmission intraday capacities on the Czech-German, Czech-Austrian, Austrian-Hungarian, Hungarian-Romanian, and Hungarian-Croatian borders fulfilling the requirements set by the EU-wide cross-border intraday XBID project.

The single Intraday cross-zonal market solution will be based on a common IT system linking the local trading systems operated by the NEMOs as well as the available cross-zonal transmission capacity provided by the TSOs.  The XBID IT solution is expected to be technically ready by the end of 2017. In the sequel, the local implementation projects will make their final go-live preparations.

> Open joint press release (pdf, 161kb)

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XBID implementation project launched