Euroforum is a prestigious German promoter of first-class conferences, seminars and meetings and a subsidiary of the Handelsblatt Media Group, which publishes the leading German-language business newspaper. The Euroforum events bring together experts from business, science and politics and create forums for the transfer of knowledge and the exchange of opinions. This year’s Euroforum conference on 6 and 7 December in Düsseldorf, the state capital of North Rhine-Westphalia, was dedicated to the topic of “Intraday trading in the electricity sector – digitisation and automation as growth drivers”.
TSCNET Services as one of the five European Regional Security Coordinators (RSCs) – with fifteen transmission system operators (TSOs) from eleven central and eastern European countries as shareholders – can offer significant contributions on this area, which is why Maik Neubauer, one of the two Managing Directors of the Munich-based company, gladly accepted the invitation of Euroforum to speak at the conference. Mr. Neubauer, who acted in the past also as Board Member of the European Energy Exchange EEX where he already was part of a task force to work on a concept for a pan-European Intraday Trading system, presented the work of the European RSCs to an audience of experts. He stated that the work of the RSCs – largely unnoticed by the general public – is important to ensure a stable transmission network for their TSO shareholders with regional risk analyses. “Without the 24/7 work of the European TSOs and the RSCs to keep the European grid stable there wouldn’t be a sustainable basis for an efficient energy market on the continent,” Neubauer said.
In the conference many discussions had been around the development of the new European Intraday Trading System XBID that helps traders, generators, but also TSOs, to balance out the grids within the day of delivery.