Start of XBID solution postponed

01.02.2018

Wether technological innovation or business decision – it is always better to take the necessary time and go through conceptions thoroughly, than to compromise ambitious goals with a premature start. This is also the case with the Cross-Border Intraday (XBID) initiative. The original go-live date for XBID Solution and ten Local Implementation Projects (LIPs) has been postponed from March to June 2018, in order to allow for additional testing and two trial trading periods thus ensuring the robustness of XBID.

Nearly twenty transmission system operators (TSOs) from all over Europe are collaborating in the XBID initiative, among them are the TSCNET shareholders 50Hertz, Amprion, APG, Energinet, TenneT, and TransnetBW, as well as TSCNET client Creos from Luxembourg. Along with several Nominated Electricity Market Operators (NEMOs) and under the coordination of the European Network of Transmission System Operators for Electricity (ENTSO-E) the partners are working on a single integrated European intraday market. The basis of this cross-zonal market solution is a common IT system comprising one shared order book, a capacity management module, and a shipping module.

A pan-European coupling of intraday markets through cross-border trade is a key element in creating the European internal electricity market. Provided that the LIP testing phase will be completed successfully, highly efficient intraday trading will be possible across fourteen countries from 12 June. According to the current state of planning, most of the other European countries are to follow in a second XBID-wave in spring or summer 2019.

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Picture: Edited detail of an image by Craig Mayhew / Robert Simmon (NASA GSFC) courtesy Marc Imhoff (NASA GSFC) / Christopher Elvidge (NOAA NGDC) (Creative Commons)

Linkup
> See Amprion press release, in German (html)
> Open Amprion press release, in English (pdf, 97kb)